HealthKart a consumer nutrition platform raise $135 million in a series H funding round led by Temasek. The funds will be deployed towards the expansion
1MG had broken away from Healthkart back in 2015. It has raised over $200mn thus far across several rounds of funding, from well-known investors like IFC, Sequoia, and Omidyar.
Practo went on a binge of acquisitions and worldwide development after its financing from vital speculators like Tencent, Google Capital, and Yuri Milner, aside from Sequoia, Matrix, Altimeter, and Sofina.
HealthKart plans to use the funds to build upon its leadership in the fitness and nutrition space - with investments in its assistance and content capabilities, portfolio expansion into additional nutrition segments and expansion into the offline space.