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USV has signed an agreement with Wellbeing Nutrition to acquire 79% stake in the D2C nutraceutical brand for ₹1,583 Cr ($174.7 Mn) in an all-cash deal
The majority stake purchase comprises about 35% ownership of Wellbeing Nutrition founder Avnish Chhabria and around 44% from its existing shareholders
USV will be adding Wellbeing Nutrition to its portfolio to extend its commitment from prescription-led care to preventive and lifestyle-focused wellness
Mumbai-based…
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USV has signed an agreement with Wellbeing Nutrition to acquire 79% stake in the D2C nutraceutical brand for ₹1,583 Cr ($174.7 Mn) in an all-cash deal
The majority stake purchase comprises about 35% ownership of Wellbeing Nutrition founder Avnish Chhabria and around 44% from its existing shareholders
USV will be adding Wellbeing Nutrition to its portfolio to extend its commitment from prescription-led care to preventive and lifestyle-focused wellness
Mumbai-based…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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