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Sanskriti Objects d’art that sells products through online portal and retail outlets is seeking pan India expansion. The company which has recently adopted franchise model is aiming 100 franchisees in next two years. Currently, it has eight franchisees and most of them have home based franchised outlets. Moreover, the company is aspiring to extend its reach internationally by franchisees in UAE, USA, Singapore, UK, Canada and Thailand and would be targeting Indian Diasporas to promote its range of products.
The franchisees wanting to partner with the brand can operate from home or have a Specialty retail outlet. For home based franchisee, investment ranges from Rs two to three lakh and in case of specialty outlet (that can be opened in any Metro/Mini Metro or small cities), the area required is 300 to 400 sq.ft and the investment would be Rs six to seven lakh.
