India’s HealthKart valued at $500M in new investment
New Startup Funding
Indian nutrition startup HealthKart's valuation has surged to about $500 million in a new all-secondary investment of $153 million.
Investment Details
The investment, one of the largest for an Indian consumer startup this year, was co-led by private equity firms ChrysCapital and Motilal Oswal.
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Startup Growth
HealthKart reported revenue of $118.5 million for the year ended March 2024, cementing its position as India's largest consumer nutrition platform.
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Future Outlook
The Indian sports nutrition market is expected to expand due to a rise in fitness awareness and the increasing importance of nutrition and protein.
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