PE Fund Investments
Nutraceuticals co. HealthKart raises $153-M led by ChrysCapital, Motilal Oswal Alternates
Gurugram-based nutrition products retailer HealthKart has attracted USD 153 million in a round by ChrysCapital and Motilal Oswal Alternates. The round also saw participation from Neo Group and A91 Partners. Avendus Capital acted as the exclusive financial advisor for the transaction.HealthKart has also announced its first employee ESOP buyback worth INR 55 crore, for both current and former employees.Founded in 2011 by Sameer Maheshwari, Healthkart sells eight nutrition brands including supplements such as MuscleBlaze, The Protein Zone, TrueBasics, HKVitals, bGreen, Nouriza, and Gritzo.
Between Oct-11 and Jun-22, Healthkarth had raised about USD 224.56 M from Kae Capital, Peak XV Partners,Omidyar Network, Intel Capital,Sharp Ventures,Yuj Ventures, 360 ONE, Sofina,Temasek, A91 Partners and others.
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