USV Pharma leads race to buy 85% stake in Wellbeing Nutrition at Rs 1,600 crore valuation
USV Pharma leads race to buy 85% stake in Wellbeing Nutrition at Rs 1,600 crore valuation is drawing significant interest across the industry.
The Mumbai-based brand, owned by Nutritionlab, counts Hindustan Unilever and Fireside Ventures among its early backers. HUL and Fireside — holding 19.8% stake each — will exit with more than fourfold returns. Both invested in Wellbeing Nutrition about three years ago when the company was valued at about Rs 350 crore.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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