# HealthKart.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/healthkart-com

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.healthkart.com
- Total disclosed funding: $192M
- Latest round: Series H (Nov 24, 2022)
- Investors on record: 8

## About

HealthKart is an Indian online platform that specializes in providing a diverse selection of health and fitness products, including nutritional supplements and personalized health consultations, catering to fitness enthusiasts.Founded in 2011 in New Delhi, India, HealthKart.com operates as an online retailer focusing on health and wellness products. The company was co-founded by Adesh Agarwal, Bibin Mohan, Bright Chin-Hae, Karn Singh, Naveen Kumar, Prashant Tandon, Sameer Maheshwari, and Vani Madan. HealthKart has successfully completed 9 funding deals, with its latest funding round being a Secondary Stock Purchase of USD 153.00 mn led by A91 Partners, ChrysCapital, Motilal Oswal Private Equity Advisors, and Neo Group. To date, HealthKart has raised a total of USD 135.00 mn, and its current company valuation stands at USD 500.00 mn.HealthKart provides a comprehensive range of health and fitness products through its online platform, including nutritional supplements like whey protein, mass gainers, vitamins, and herbal products. Additionally, it offers personalized health consultations, catering to varied dietary and nutritional needs of consumers involved in sports, bodybuilding, and overall wellness. Their products are sourced directly from manufacturers, ensuring authenticity and quality.In the most recent financial year of 2023, HealthKart reported a revenue of USD 103.73 mn, with an EBITDA of USD -18.39 mn. The company employs a direct-to-consumer model, allowing customers to purchase products via its website and mobile app. HealthKart also operates a loyalty program, enhancing customer retention through rewards and exclusive offers, while partnering with various brands to diversify its revenue streams.HealthKart plans to utilize its recent funding to enhance its product offerings and expand market reach. The company is focused on launching new products tailored to consumer needs in the health and wellness sector. Additionally, HealthKart aims to penetrate international markets, strengthening its presence beyond India. The investments from new backer Sharrp Ventures will support these initiatives, enabling the company to explore potential opportunities for growth and innovation.

## Funding rounds

- Series H, Nov 24, 2022, $135M — Hong Shan, Temasek Holdings, Sofina, IIFL Finance Ltd, Kae Capital, A91 Partners
- Series G, May 9, 2019, $25M — Hong Shan, Sofina, Kae Capital, Omidyar Network
- Series E, Aug 1, 2016, $12M — Hong Shan, Kae Capital, Omidyar Network
- Series B, Mar 20, 2013, $14M — Hong Shan, Intel Capital
- Series B, Jan 11, 2012, $5.1M — Hong Shan, Omidyar Network
- Seed, Apr 1, 2011, $1M — Hong Shan, Kae Capital

## Investors

- Hong Shan — Seed, Series B, Series E, Series G, Series H
- Kae Capital (https://capitalatlas.ai/funds/kae-capital) — Seed, Series E, Series G, Series H
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series B, Series E, Series G
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- Sofina — Series G, Series H
- Temasek Holdings — Series H
- IIFL Finance Ltd — Series H
- A91 Partners (https://capitalatlas.ai/funds/a91-partners) — Series H