PE funding to double Lilliput's retail space

One of India's leading kidswear brands Lilliput is all geared up to

One of India’s leading kidswear brands Lilliput is all geared up to
double its retail space this fiscal with the investment of about Rs
175 crore. The funds are provided by the private equity firm Bain
Capital and TPG Growth.

The company is planning to open around 70 stores across the country
and four stores in West Asia Abu-Dhabi, Dubai, and Kuwait. The company
is also looking to introduce its new range of ‘Everyday Essential’
which is children’s casual wear, in September at a starting price of
Rs 125.

The company is eyeing a turnover of Rs 625 crore this fiscal, in
comparison to Rs 415 crore last year with the help of the new store
launches. The kidswear is planning to double the retail space from
2,35,00 sq ft to 4,50,000 sq ft. Twenty stores of Lilliput World are
also lined up for tier I, II and III cities including Delhi, Mumbai,
Jalandhar, Amritsar, Jaipur, Pune, Guwahati, Jodhpur.