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 pharmaceutical company USV has signed an agreement…

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