HealthKart raises $153 million in secondary funding led by ChrysCapital, Motilal Oswal Alternates
By
Binu Mathew
Fitness supplement brand HealthKart announced a $153 million secondary funding round led by investors ChrysCapital and Motilal Oswal Alternates, as well as a buyback of employee stock options worth ₹55 crore.
Financial services platform Neo Group and HealthKart’s existing investors A91 Partners also participated in the round, the company said. In a secondary funding round, investors acquire stake in a company from other investors and no fresh capital is raised.