JSA advised A91 on its investment in leading consumer nutrition platform, HealthKart. Temasek led the round along with A91 Partners. A91’s investment was a combination of a primary and secondary transaction.
Founded originally in 2011 by Sameer Maheshwari, HealthKart, which is run by Bright Lifecare Pvt. Ltd, makes supplement brands such as MuscleBlaze, The Protein Zone, TrueBasics, HKVitals, bGreen, Nouriza and Gritzo. The company retails its products via its direct-to-consumer (D2C) platform, about 140 offline stores, and e-commerce sites.
Deal Value: Approx USD 34.8 million
JSA Transaction Team Comprised Lead Partner – Probir Roy Chowdhury, Partner – Yajas Setlur, Associate – Kavya Pankaj, and Associate – Moushami Nayak.
Probir specializes in Corporate Commercial, Venture/Private Equity and Information Technology/FinTech. He has been involved in corporate transactions focused on the high technology industry including cross border Mergers & Acquisitions.