M&A

M&A

Powerhouse91 acquires wellness brand Expertomind

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Gurugram-based Thrasio-style startup Powerhouse91 has acquired wellness brand Expertomind, which offers a range of wellness, pain management and home medical equipment in the Indian market. The company claims to have 30,000+ customers across India. Through a combination of functional optimisations across marketing, supply chain and operations combined with significant growth capital, Powerhouse91 aims to expand Expertomind by 25X over the next 4-5 years. By 2023, it expects the brand to grow 10 times.

From the Venture Intelligence PE-VC Deal Database: Between Jun-21 and Aug-21, Powerhouse91 raised funding from FJ Labs, Crossbeam Venture Partners, and others.