Fueling Expansion in Nutritional Supplements
Fullife Healthcare has secured ₹300 crore from Elev8 and its affiliated investors. The funding comprises ₹150 crore in new equity for the company and ₹150 crore from secondary purchases, which offers liquidity for some existing shareholders.
Strengthening Market Leadership
This investment is set to boost Fullife Healthcare's leading position in India's effervescent nutritional supplement market. The company is already the largest manufacturer and supplier of effervescent products. The capital will support expansion efforts, new product research, and broader market reach.
Legal Support for the Deal
Khaitan & Co acted as the legal advisor for Fullife Healthcare during the transaction. The firm assisted with reviewing and negotiating agreements, and managing the deal's completion.