Hicare
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Formerly |
|
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Privately Held Company | |
Industry | Pest control |
Founded | 2004 |
Founder | Arumugham Mahendran |
Area served | India |
Website | hicare.in |
Hicare is an Indian pest control company.
History
Hicare was founded in 2004 as part of the Godrej Group.[1] Its managing director was Arumugham Mahendran, who had previously founded a mosquito repellent company, Transelektra Domestic Products, which was acquired by Godrej in 1994.[2] Godrej sold an 80% stake in Hicare to the Danish services conglomerate ISS in 2009, and it became a wholly owned subsidiary of ISS in 2013.[3] In 2014, Mahendran left Godrej and, backed by a private equity fund, bought back Hicare from ISS.[2][4]
In 2017, the company expanded into the house cleaning and air purification markets,[1][5] in partnership with the Swedish firm Blueair.[6]
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References
- "Hicare to invest Rs 100 cr to expand cleaning services - Times of India". The Times of India. Retrieved 2017-09-18.
- "PE-backed ex-Godrej MD buys ISS Hicare - Times of India". The Times of India. Retrieved 2017-09-18.
- Reporter, B. S. (2009-04-24). "Godrej sells services business HiCare to ISS". Business Standard India. Retrieved 2017-09-18.
- "Pest Controllers Guide". Monday, June 22, 2020
- Mishra, Lalatendu (2017-04-04). "Hicare enters air-purifier, home-cleaning segments". The Hindu. ISSN 0971-751X. Retrieved 2017-09-18.
- Mukherjee, Writankar (2017-02-08). "Hicare partners with Blueair for selling air purifiers". The Economic Times. Retrieved 2017-09-18.
External links
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