MuscleBlaze parent HealthKart secures $153M in funding, unveils Rs 55 Cr ESOP buyback

Quick Summary:

This investment round follows a milestone fiscal year where the company achieved over Rs 1,000 crore in revenue and reached full-year EBITDA profitability, the company said.

MuscleBlaze stands out as a leading brand, supported by a robust mix of proprietary channels, while HK Vitals offers high quality nutraceuticals.

"The Indian sports nutrition market, currently underpenetrated, is expected to expand due to a rise in fitness awareness and the increasing importance of nutrition and protein.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: Policy Crore Esop Oswal Muscleblaze Motilal Chryscapital Nutrition Privacy Healthkart Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 09:33:26 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 360 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 23654622

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