Hair and beauty chain Naturals is in talks with private equity fund companies to raise Rs 100 crore as it plans to expand its footprint across the country. The company, which has 350 outlets in South India out of total of 404 outlets in the country, plans to have 3,000 saloons in the country in by end of year 2017. Digging up the huge opportunity in North India, out of 3,000 outlets they plan by year 2017, 2,000 will be in North India and rest in South India. All new salons will be based on franchise model and it would definitely be an added opportunity for the signage companies dealing in in-shop displays, designs and related activities.
