USV Pharma To Acquire 79% Stake In Wellbeing Nutrition For ₹1,583 Cr

Pharmaceutical and biotechnology company USV will acquire a 79% stake in Wellbeing Nutrition, valuing the company at ₹1,583 crore.

USV has signed a final agreement to acquire a 79% equity stake in Nutritionalab Pvt Ltd, the company that owns Wellbeing Nutrition, according to a joint statement.

The deal includes 35% stake from founder Avnish Chhabria and 44% stake from existing shareholders. Early investors Fireside Ventures and Hindustan Unilever will sell their combined 40% stake in the company.

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The ₹1,583 crore all-cash deal is the largest exit so far in India’s health and wellness startup sector, the statement added.

This strategic move expands USV, a leading diabetes and cardiac care company into consumer wellness, aligning with its broader growth across the healthcare continuum.

"The addition of Wellbeing Nutrition reinforces USV’s evolution into a comprehensive healthcare powerhouse spanning both therapeutic excellence and consumer wellbeing," it said.

"We look forward to unlocking the next phase of growth by leveraging USV’s global capabilities while preserving Wellbeing Nutrition's core mission of transparent, sustainable, and high-quality nutrition," USV Managing Director Prashant Tewari said.

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Wellbeing Nutrition has established a strong omnichannel presence. The company has seen 120% growth over the past two years and is projected to cross ₹450 crore in revenue by FY27, the statement said.

Wellbeing Nutrition founder Avnish Chhabria said: "Together, we are committed to shaping a new benchmark for health and wellness, while preserving the integrity, culture, and purpose with which Wellbeing Nutrition was founded."

The current management, including co-founder Saurabh Kapoor, will continue running the business under the Board’s supervision.

Founded in 2019, Wellbeing Nutrition is available in over 6,000 retail outlets and has expanded to international markets like the UAE and Europe.

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