Mehta, who is also VCCIRI the son of Emcure founder Satish Mehta and brother of Shark Tank India judge and Emcure executive director Namita Thapar, made the acquisition through his company Uth Beverage Factory Pvt. Ltd, the people said requesting anonymity. Uth Beverage owns fitness supplements such as XLR8 and Six Pack Nutrition.
Financial terms of the deal couldn't be ascertained.
When contacted, Mehta confirmed the development but clarified that Uth Beverage Factory had bought the assets of Neostrong Lifecare Pvt. Ltd, which operated HealthXP. "We have bought the website and products of HealthXP and not invested in it," he said.
Denne historien er fra July 19, 2023-utgaven av Mint Mumbai.
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Denne historien er fra July 19, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India in economic sweet spot, inflation to moderate: Moody's
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