The capital raised will be deployed towards the growth of in-house D2C brands, increase offline distribution, expand international operations, and make select acquisitions
New Delhi: Omni-channel nutrition platform HealthKart on Monday said it has raised $135 million (around Rs 1,103 crore) in a funding round led by Temasek, with participation from A91 Partners and Kae Capital.
The capital raised will be deployed towards the growth of in-house D2C brands, increase offline distribution, expand international operations, and make select acquisitions, the company said in a statement.
“Driving fitness and preventive health by addressing the nutritional gaps is a systemic trend which is taking off in a big way in India,” HealthKart Founder & CEO Sameer Maheshwari said.
Founded in 2011 by Maheshwari and Prashant Tandon, HealthKart offers a range of nutrition supplements such as proteins, vitamins and herbal supplements, through a combination of online portal and offline stores.
