Link Legal, Themis act on Sequoia-backed HealthKart $25 million fund raise

Bar & Bench May 12 2019

Bright Lifecare Pvt. Ltd, which runs omnichannel health products store HealthKart, has raised $25 million (Rs 174 crore) from Belgium-based investment company Sofina.

Link Legal acted for HealthKart and the team was led by Partner Manish Gupta along with Principal Associate Vinu and Associate Anubhuti.

Themis Associates acted for Sequoia and the team was led by PartnerĀ Archan Chakravarthy.

HealthKart, which was founded in 2011 by Sameer Maheshwari and Prashant Tandon, will use the capital to expand its offline store network, make additional direct-to-consumer nutrition brands and boost its vertical integration, reported VCCircle.

 

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