USV Private Limited signed a definitive agreement to acquire Hindustan Unilever Limited’s (HUL) 19.8% minority stake in Nutritionalab for ₹307 crore. This move strengthens USV’s presence in the health and nutrition sector, while HUL refocuses on its “fewer, bigger bets” strategy in wellness.
The Deal: USV Private Limited has officially acquired a 19.8% equity stake in Nutritionalab from Hindustan Unilever Limited for ₹307 crore.
Strategic Intent: The acquisition enhances USV’s footprint in the health and nutrition industry, aligning with its growth ambitions in wellness-focused businesses.
HUL’s Strategy: Hindustan Unilever Limited simultaneously completed another major transaction, acquiring full control of Zywie Ventures (OZiva) for ₹824 crore. This reflects HUL’s sharpened focus on “fewer, bigger bets” within its Health & Wellbeing portfolio.
Market Impact: The deal signals increased consolidation in India’s nutraceutical and wellness market, with USV strengthening its role while HUL pivots toward scaling OZiva and Zenherb Labs.
Future Outlook: Industry experts view this as a win-win—USV gains a stronger foothold in nutrition, while HUL streamlines its portfolio for long-term growth.
Sources: Hindustan Times, Business Upturn, InvestyWise