Hicare

Hicare
Formerly
  • Godrej HiCare
  • ISS Hicare
Privately Held Company
IndustryPest control
Founded2004 (2004)
FounderArumugham Mahendran
Area served
India
Websitehicare.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]

gollark: Do NOT nitro.
gollark: As Macron isn't real, this is indistinguishable from mere programmer.
gollark: I will write you into the IPv6 specifications.
gollark: I will make you an element of a noncommutative ring.
gollark: I will override your Unicode SMS level 3 platform.

References

  1. "Hicare to invest Rs 100 cr to expand cleaning services - Times of India". The Times of India. Retrieved 2017-09-18.
  2. "PE-backed ex-Godrej MD buys ISS Hicare - Times of India". The Times of India. Retrieved 2017-09-18.
  3. Reporter, B. S. (2009-04-24). "Godrej sells services business HiCare to ISS". Business Standard India. Retrieved 2017-09-18.
  4. "Pest Controllers Guide". Monday, June 22, 2020
  5. Mishra, Lalatendu (2017-04-04). "Hicare enters air-purifier, home-cleaning segments". The Hindu. ISSN 0971-751X. Retrieved 2017-09-18.
  6. Mukherjee, Writankar (2017-02-08). "Hicare partners with Blueair for selling air purifiers". The Economic Times. Retrieved 2017-09-18.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.