Start-up Stories

Jubilant Foodworks acquires 25% stake in Yuvraj Singh-backed Wellversed Health

Operators of Domino’s Pizza and Dunkin Donuts in India, Jubilant Foodworks Ltd (JFL), has acquired 25 per cent stake in Yuvraj Singh invested nutrition company Wellversed Health.

The first lot of Rs 6.5 crore would be invested on the closing date as defined in the share subscription agreement and the second lot of Rs 3.5 crore would be done nine months from the disbursement of the first offering.

“This will be an investment by the company in Wellversed – a nutrition company offering a variety of food products tailored for specific nutrition and dietary needs including keto, gluten-free, vegan, high-protein, diabetic and immunity,” said JFL.

English »