Home-grown personal care and skincare brand Organic Harvest said it is in talks to raise ₹66 crore from a clutch of investors to scale up its inventory and distribution both in the domestic and international market.

“We are in talks to raise funds and expect to do so in next three to six months. There is lot of awareness and demand for organic products both in the domestic and global market,” Rahul Agarwal, CEO, told BusinessLine . The company, launched in 2013, has 16 retail outlets, besides a selling from multi-brand retailers.

The products are also sold on e-commerce sites. It sells a range of organic beauty products for skin and hair.

Organic personal care products are primarily manufactured from plant ingredients extracted in environment-friendly conditions.

Organic personal care products do not contain chemicals such as phthalates, aluminium salts and petrochemicals. The beauty and wellness industry in India is estimated at ₹40,000 crore.

It is expected to touch ₹80,000 crore by 2017-18.

Agarwal said that the company manufactures its own range of products at its facility in Parwanu in Himachal Pradesh.

He added that at present most raw materials for the products are imported from globally certified agencies such as EcoCert, OneCert and NaTrue. Besides the domestic market, Organic Harvest has presence in Bangladesh, Nepal and the UAE market.

“We are looking to enter the GCC countries - the Kingdom of Saudi Arabia, Sultanate of Oman, Kuwait and Qatar next month followed by Singapore, Malaysia and Indonesia in the South-East by the next quarter,” he added.

Agarwal said that the company is targeting a turnover of ₹100 crore in the next two years.

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