Home / Business and Economy / USV Pharma Acquires Wellbeing Nutrition
USV Pharma Acquires Wellbeing Nutrition
12 Feb
Summary
- USV Pharma acquired 79% of Wellbeing Nutrition for Rs 1,583 crore.
- Hindustan Unilever and Fireside Ventures divest stakes in the deal.
- Wellbeing Nutrition expects Rs 260 crore net revenues by FY26.

USV Pharma has acquired a 79% stake in Wellbeing Nutrition for Rs 1,583 crore in an all-cash transaction. This strategic move expands USV Pharma's presence into India's rapidly growing nutraceutical supplements and wellness industry. Early investors, including Hindustan Unilever and Fireside Ventures, are divesting their nearly 40% combined stake in the company.
Founder and CEO Avnish Chhabria, who holds a 51% stake, will earn approximately Rs 800 crore from this deal and retains an option for future stake sales. Wellbeing Nutrition, established in 2019, has developed an omnichannel presence and aims to achieve net revenues exceeding Rs 260 crore by the end of FY26. Despite a net loss of Rs 38 crore in FY25 due to expansion investments, its revenue has nearly tripled from Rs 42 crore in FY23 to Rs 119 crore in FY25.



