Hygiene products maker Pan Healthcare raises Rs.400-Cr from Motilal Oswal fund

Motilal Oswal Alternate Investment Advisors (MO Alts) has invested INR 400 crore in Rajkot-based hygiene products maker Pan Healthcare for a minority stake. Established in 2016, Pan Healthcare manufactures diapers and sanitary napkins. It will use the new funds for brand building and ramping up distribution. The Pan Group also has interest in cement, cotton, steel and agri-trading.