Get the latest tech news
India’s HealthKart valued at $500M in new investment
Indian omni-channel nutrition startup HealthKart has raised $153 million in one of the country's largest consumer startup transactions this year, valuing HealthKart has raised $153 million in one of India's largest consumer startup funding rounds in 2024.
The new investment was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial advisor. HealthKart counts Peak XV, Temasek, Sofina and wealth manager IIFL among its backers. “The Indian sports nutrition market, currently underpenetrated, is expected to expand due to a rise in fitness awareness and the increasing importance of nutrition and protein,” said Arpit Vinayak, VP at ChrysCapital, in a statement.
Or read this on TechCrunch
