🔔India’s HealthKart valued at $500M in new investment
HealthKart, India’s largest consumer nutrition platform, raised $153 million in a secondary investment, boosting its valuation to $500 million. Co-led by ChrysCapital and Motilal Oswal, this round saw exits from previous investors, including Peak XV. The startup, which reported $118.5 million in revenue for FY 2024, plans to expand as India’s sports nutrition market grows.
🔔India’s HealthKart valued at $500M in new investment
HealthKart, India’s largest consumer nutrition platform, raised $153 million in a secondary investment, boosting its valuation to $500 million. Co-led by ChrysCapital and Motilal Oswal, this round saw exits from previous investors, including Peak XV. The startup, which reported $118.5 million in revenue for FY 2024, plans to expand as India’s sports nutrition market grows.
Crude oil prices edged higher after tumbling on Thursday, when U.S. West Texas intermediate slid back below $110 per barrel after topping as much as $130 a barrel in recent sessions. Still, gas prices at the pump rose to fresh highs. The S&P 500 fell 1.3% to 4,204.36, and the Dow Jones Industrial Average was down 0.7% to 32,943.33. The Dow posted a fifth straight weekly loss — its longest losing streak since 2019. The Nasdaq Composite tumbled 2.2% to 12,843.81. Though all three indexes opened in the green, stocks took a turn after a new report showed U.S. consumer sentiment deteriorated more than expected in early March as consumers' inflation expectations soared to the highest since 1981. Telegram boasts 500 million users, who share information individually and in groups in relative security. But Telegram's use as a one-way broadcast channel — which followers can join but not reply to — means content from inauthentic accounts can easily reach large, captive and eager audiences. Multiple pro-Kremlin media figures circulated the post's false claims, including prominent Russian journalist Vladimir Soloviev and the state-controlled Russian outlet RT, according to the DFR Lab's report. Under the Sebi Act, the regulator has the power to carry out search and seizure of books, registers, documents including electronics and digital devices from any person associated with the securities market.
from id