Indian jeweller Senco Gold will grow to around 100 stores during the next three years.

Senco Gold plans to open around 42 new stores by 2017, adding to its existing 58.

It says it is negotiating with private equity firms to raise around ₹350 crore (around $65 million) to expand network.

It will enter new markets such as Bangalore, Lucknow, Hyderabad and Raipur.

The expansion is expected to help it double revenue over the next three years.