For an unknown fee, packaged goods business Lotus Herbals purchased a 20% share in Gurugram-based startup Yogic Secrets Healthcare. According to a joint release, Yogic Secrets Healthcare, which deals in research-based nutraceutical goods, would use the funds from Lotus Herbals’ family office to expand its operations in India. Additionally, it continued, this will aid in broadening vistas in developed nations like the USA, the UK, and Australia Anil Khandelwal established Yogic Secrets Healthcare in 2018.
“With the Lotus Herbals investment opening new horizons, we see a tremendous possibility of catapulting us towards our vision to provide preventive, palliative and curative healthcare,” Khandelwal said.
With 7 brands and more than 12 sub-brands, Lotus Herbals operates in the natural personal care and cosmetics sector.