HealthKart Secures $153 Million Funding with ₹55 Crore ESOP Buyback, Valued at $500 Million

HealthKart, an Indian nutrition platform, has successfully raised $153 million in a secondary funding round, achieving a valuation of $500 million. The funding was led by ChrysCapital and Motilal Oswal Alternates, marking a significant milestone for the company. This round also included an employee stock ownership plan (ESOP) buyback worth ₹55 crore, which is the first of its kind for HealthKart. The investment comes as Peak XV has fully exited its stake in the company, which is known for its brands MuscleBlaze and HKVitals. The new capital aims to bolster HealthKart's growth in the competitive nutrition and fitness market in India.