Packaged consumer goods company Lotus Herbals acquired a 20% stake in Yogic Secrets Healthcare for an undisclosed amount.
According to a joint statement, Yogic Secrets Healthcare, which is in the business of developing research-based nutraceutical products, will use the funding from Lotus Herbals’ family office to expand its operations in India. This will also help to broaden horizons in international markets such as the United States, the United Kingdom, and Australia, it added. Lotus Herbals is a natural personal care and cosmetics company with 7 brands and over 12 sub-brands.
