Liquidity Events
Healthcare-focused PE firm Somerset Indus Capital exits Hexagon Nutrition
Somerset Indus Capital Partners, a healthcare-focused private equity (PE) firm in India, has sold its 10% stake in Mumbai-based Hexagon Nutrition .Founded in 1993, Hexagon Nutrition initially specialised in micronutrient formulations.The company is known for brands such as Pentasure, Obesigo, and Pediagold.Somerset Indus primarily invests in healthcare businesses catering to Tier II and III cities and lower-income populations.
In Dec 2016, Hexagon Nutrition had raised about USD 4 M from Somerset Indus Capital Partners.For FY24, Hexagon Nutrition had reported about INR 298 Cr in Operating Income and about INR 12 Cr in PAT.
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