Stakeboat to buy stake in Botanic Healthcare
Mint New Delhi|December 30, 2024
id-market private equity (PE) firm Stakeboat Capital, which invests in healthcare, life science and manufacturing companies, signed an agreement to acquire a minority stake in a botanical extracts company, two people aware of the development told VCCircle.
Sreeja Biswas & Debjyoti Roy

The PE firm, which is diversifying into a new asset class by launching a private credit platform, has invested in Botanic Healthcare Pvt. Ltd as part of its maiden PE funding round.

Hyderabad-based Botanic has a presence in several countries including the US and New Zealand, and is raising about ₹250 crore, a person said.

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