History
Hicare was founded in 2004 as part of the Godrej Group. Its managing director was Arumugham Mahendran, who had previously founded a mosquito repellent company, Transelektra Domestic Products, which was acquired by Godrej in 1994. 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. In 2014, Mahendran left Godrej and, backed by a private equity fund, bought back Hicare from ISS.
In 2017, the company expanded into the house cleaning and air purification markets, in partnership with the Swedish firm Blueair.
Maps Hicare
References
src: content3.jdmagicbox.com
External links
- Official website
Source of article : Wikipedia