Dabur India is focusing more on inorganic growth. The company plans to raise Rs 2,000 crore for acquisitions. The amount is in addition to the funding for the Hobi Kozmetik deal. The company’s board approved an enabling resolution for this fund-raising two weeks ago. It would be put to vote before the shareholders at the upcoming annual general meeting scheduled for the end of next month.

In the past, Dabur had acquired Fem Care Pharma in 2008 and Balsara Hygiene and Home Products in 2005. The company after a gap of three years is actively looking for acquisitions in healthcare and personal care. It is in talks with a number of companies, both in India and abroad. Refusing to share the names, Duggal said the talks are at the preliminary stage. Duggal said while valuations are better abroad, choice is more in personal care.

Now, the company is looking at West Asia, Africa and East Asia markets for future acquisitions. Hobi, which Dabur acquired for Rs 324 crore, was its first acquisition abroad. It plans to complete the Hobi transaction by the third quarter of 2010-11. It will be funded partly by internal accruals and majorly by raising debt from Dabur International.