Botanic Healthcare, a leading global nutraceutical company, has successfully raised INR 250 Crores (approximately USD 30 million) in its latest funding round. The investment, structured as equity financing, was led by Stakeboat Capital. The round saw participation from co-investors - Abakkus Four2Eight Opportunities Fund and DS Group, one of Stakeboat Capital's LP (Limited Partner), showcasing a strong partnership and shared vision for long-term value creation. This funding will enable Botanic Healthcare to consolidate its group entities and strengthen its presence in the rapidly growing global nutraceutical market.
The capital will fuel Botanic Healthcare's aggressive expansion strategy, with the company aiming to grow by 400% over the next 3 years. As part of its plans, Botanic will enhance its product portfolio and forge strategic partnerships, while boosting its R&D and clinical research capabilities through joint ventures and collaborations.
Botanic's growth vision is further supported by investments in technology, innovation, and talent acquisition. The company is focused on building a robust R&D pipeline and hiring top-tier professionals across various departments, including research, development, production, quality assurance, and sales, to effectively scale its operations.
Mr. Gaurav Soni, Founder & Managing Director, Botanic Healthcare said, "With this funding, we will expand our product offerings, strengthen our global footprint, and invest in cutting-edge research to meet the evolving needs of our customers."Mr. Madhu Krishnamani, Founder & Managing Director, Botanic Healthcare "As we move forward, this fundraise will fuel our next phase of growth, empowering us to reach new markets, build strategic partnerships, and create even greater value for our stakeholders," he added.Mr. Chandrasekar Kandasamy, Managing Partner, Stakeboat Capital said, "Botanic plays a pivotal role in advancing complementary healthcare across industries, including pharmaceuticals, functional foods & beverages, personal care, and more. Their focus on innovation and clinically proven botanical extracts is poised to influence the future of health and wellness. This is their maiden PE funding round and we are excited to partner with Botanic Healthcare as they continue their mission of delivering exceptional quality and sustainable solutions globally"
Botanic Healthcare has emerged as a significant player in Global's nutraceutical industry, demonstrating rapid growth and innovation. The investment will help Botanic Healthcare strengthen its global presence and further its mission to lead the nutraceutical ingredients market.
