Ms. Jaiswal, who is also the promoter of Jagatjit Industries — the makers of Aristocrat whisky — added that Swanrose was now looking to raise $5 million to fund expansion. “We started the company in April last year. So we started exporting… and in the first three months of exporting sanitisers, we had a revenue of $2.2 million,” she said. We currently have products in R&D which are in the cosmeceuticals segment,” she said. For the current financial year, the company is projecting revenue of about $50 million from the U.S. and India markets.

Source: The Hindu April 21, 2021 17:12 UTC