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VLCC Healthcare

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Namestring
VLCC Healthcare
Legal namestring
VLCC Healthcare
Company typeenum
Private
Founded yearint
1989
Descriptiontext

VLCC Healthcare is an India-based wellness and beauty company founded in 1989 in Gurgaon that provides a portfolio of products and services centered on weight management, skincare, and personal grooming. The company operates wellness centers and retail distribution across 10 countries spanning South Asia (India, Bangladesh, Nepal, Sri Lanka), the Middle East (Bahrain, Kuwait, Oman, Qatar, UAE), and East Africa (Kenya), serving health-conscious consumers seeking structured, scientifically guided approaches to persistent wellness concerns such as dull skin, weight management, and personal care. Its core technology is built around R&D-driven, personalized assessment-based treatment protocols that combine professional in-center therapies with lifestyle correction, addressing intrinsic and extrinsic factors including stress, sleep, pollution, dehydration, and microbiome disruption. The R&D function is led by Chief R&D Officer Dr. Mahesh Burshe, and the company participates in the broader herbal and plant-based skincare market alongside players such as Himalaya, Dabur, and Lotus.

The business monetizes through a B2C, horizontally-segmented model targeting individual consumers across multiple wellness verticals, with structured weight loss programs and diet plans as core service offerings. The product portfolio was expanded in June 2023 through the acquisition of Ustraa, a men's grooming brand, executed as a secondary buyout and share exchange that brought existing Ustraa investors into VLCC's cap table. The company is privately held and controlled by The Carlyle Group, a major private equity firm, which has shaped the company's strategic direction including the Ustraa acquisition and ongoing leadership appointments. Recent reporting (November 2025) indicates revenue decline and increasing losses under Carlyle ownership, suggesting operational and financial pressure despite continued investment in geographic footprint, product line expansion, and senior leadership (including a global CHRO appointment in April 2026).

Short descriptiontext

VLCC Healthcare is an India-based wellness and beauty company founded in 1989 that operates wellness centers and retail distribution across 10 countries, offering weight management, skincare, and personal grooming products and services to health-conscious individual consumers, with a men's grooming line added via the 2023 Ustraa acquisition.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersGurugram, India
HQ citystring
Gurugram
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
wellness services, skincare products, weight management, personal care, beauty treatments
Industry4 codes
1Weight Loss Coaching (Non-Clinical)
CodeHSADAFABPrimaryYes
2Weight Loss & Body Transformation Training
CodeHSADAAACPrimaryNo
3Beauty & Personal Care DTC
CodeCRAFACABPrimaryNo
4Professional/Backbar Skincare (Esthetician & Spa Use)
CodeCRABAAAKPrimaryNo
NAICS code3 codes
  • Diet and Weight Reducing Centers812191
  • Beauty Salons812112
  • Cosmetics, Beauty Supplies, and Perfume Retailers456120
SIC code2 codes
  • Perfumes, Cosmetics & Other Toilet Preparations2844
  • Services-Misc Health & Allied Services, Nec8090
Product category
Wellness and Beauty Services
Social media profiles2 records
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Supply Chain, Technology or R&D
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1Ustraa
Description

Men's grooming brand acquired by VLCC in 2023, offering razors, shaving creams, and personal care products

incubees.com
Core offering1 text field

VLCC Healthcare operates wellness and beauty service centers delivering weight loss programs, diet plans, personalized skincare treatments, and professional therapies. It also sells its own range of skincare and personal care products, including the acquired Ustraa men's grooming line, and is positioned as a key player in the herbal and plant-based beauty market.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

VLCC Healthcare is a wellness and beauty company offering a portfolio of products and services centered around weight loss programs, skincare, and personal grooming. The company operates through its core VLCC Wellness brand providing weight management and diet services, supplemented by its acquired men's grooming brand Ustraa. VLCC participates in the herbal beauty and plant-based skincare market segments, offering natural and organic beauty formulations. The company operates across multiple countries including India, Bahrain, Bangladesh, Kuwait, Kenya, Nepal, Oman, Qatar, Sri Lanka, and UAE.

Product and service3 records
1VLCC Wellness Weight Loss Programs
CategoryWellness Services
Description

Structured weight loss and diet programs offered to individual consumers, including dietary guidance and professional therapies delivered through VLCC wellness centers across multiple countries.

2Herbal and Plant-based Skincare Products
CategorySkincare Products
Description

Natural and organic beauty formulations positioned within the herbal beauty and plant-based skincare segment, sold to individual consumers.

3Ustraa Men's Grooming Products
CategoryMen's Grooming Products
Description

Men's grooming range including razors, shaving creams, and personal care items, distributed under the Ustraa brand following VLCC's acquisition.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-06-10
Description

VLCC acquired Ustraa, a men's grooming brand, through a secondary buyout and share exchange. Current investors of Ustraa gained stock in VLCC as part of the transaction. The deal aimed to boost VLCC's entry into the men's grooming market.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Dabur is a large diversified FMCG and Ayurvedic wellness/beauty incumbent, named alongside VLCC in the herbal beauty market. Overlapping categories include natural skincare, haircare and wellness, but Dabur operates at significantly larger scale with a much broader portfolio.

TypeDirect peer
Description

Himalaya Wellness is one of India's largest herbal and plant-based wellness and personal care companies, directly comparable to VLCC across skincare, wellness and herbal beauty categories — and explicitly named alongside VLCC as a key player in the plant-based skincare market.

TypeBroad incumbent
Description

Emami is a large Indian personal care and wellness FMCG with strong herbal positioning (Zandu, Boroplus). Comparable to VLCC in herbal personal care and Ayurvedic positioning, but Emami is a far broader, publicly listed FMCG incumbent.

TypeBroad incumbent
Description

Marico is a large Indian FMCG personal care and wellness company (Parachute, Saffola, Kaya Youth) with overlapping wellness and personal care adjacencies. Comparable on distribution depth and category breadth, though VLCC's service-led model is distinctive.

TypeDirect peer
Description

Biotique is an Indian herbal and botanical skincare and wellness brand, directly comparable to VLCC on natural-formulation positioning and target consumer. Smaller in scale but a head-to-head competitor in the premium herbal beauty segment.

TypeDirect peer
Description

Patanjali is one of India's largest natural and Ayurvedic FMCG and wellness players, competing directly with VLCC in herbal personal care, Ayurvedic wellness formulations and weight-management categories via its food and nutraceutical lines.

TypeRegional player
Description

FSN E-Commerce Ventures (Nykaa) is India's largest beauty and personal care omni-channel retailer. While Nykaa is a retailer rather than a brand owner, it is a key distribution channel and competitive force shaping the same premium Indian beauty consumer that VLCC targets.

TypeDirect peer
Description

Lotus Herbals is an Indian plant-based and natural skincare and cosmetics brand, listed alongside VLCC as a key herbal beauty player. Highly comparable on product positioning (natural ingredients) and target consumer (premium Indian beauty buyer).

TypeDirect peer
Description

Kaya operates a chain of dermatology and aesthetic skincare clinics in India and the Middle East, directly comparable to VLCC's wellness-center services model. Both deliver professional beauty and skincare services through a clinic-based network across similar geographies.

TypeEmerging player
Description

Bodycraft is an Indian beauty salon and spa chain offering skin, body and wellness services, comparable to VLCC's wellness-center service delivery. Smaller and more salon-focused, but addresses the same urban Indian wellness-services consumer.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

VLCC Healthcare

Wellness and Beauty Servicesvlccwellness.com

VLCC Healthcare is an India-based wellness and beauty company founded in 1989 that operates wellness centers and retail distribution across 10 countries, offering weight management, skincare, and personal grooming products and services to health-conscious individual consumers, with a men's grooming line added via the 2023 Ustraa acquisition.

What VLCC Healthcare does

VLCC Healthcare is an India-based wellness and beauty company founded in 1989 in Gurgaon that provides a portfolio of products and services centered on weight management, skincare, and personal grooming. The company operates wellness centers and retail distribution across 10 countries spanning South Asia (India, Bangladesh, Nepal, Sri Lanka), the Middle East (Bahrain, Kuwait, Oman, Qatar, UAE), and East Africa (Kenya), serving health-conscious consumers seeking structured, scientifically guided approaches to persistent wellness concerns such as dull skin, weight management, and personal care. Its core technology is built around R&D-driven, personalized assessment-based treatment protocols that combine professional in-center therapies with lifestyle correction, addressing intrinsic and extrinsic factors including stress, sleep, pollution, dehydration, and microbiome disruption. The R&D function is led by Chief R&D Officer Dr. Mahesh Burshe, and the company participates in the broader herbal and plant-based skincare market alongside players such as Himalaya, Dabur, and Lotus.

The business monetizes through a B2C, horizontally-segmented model targeting individual consumers across multiple wellness verticals, with structured weight loss programs and diet plans as core service offerings. The product portfolio was expanded in June 2023 through the acquisition of Ustraa, a men's grooming brand, executed as a secondary buyout and share exchange that brought existing Ustraa investors into VLCC's cap table. The company is privately held and controlled by The Carlyle Group, a major private equity firm, which has shaped the company's strategic direction including the Ustraa acquisition and ongoing leadership appointments. Recent reporting (November 2025) indicates revenue decline and increasing losses under Carlyle ownership, suggesting operational and financial pressure despite continued investment in geographic footprint, product line expansion, and senior leadership (including a global CHRO appointment in April 2026).

VLCC Healthcare firmographics

Firmographics
Name
VLCC Healthcare
Legal name
VLCC Healthcare
Website
https://vlccwellness.com
Company type
Private
Founded year
1989
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
VLCC Healthcare is an India-based wellness and beauty company founded in 1989 that operates wellness centers and retail distribution across 10 countries, offering weight management, skincare, and personal grooming products and services to health-conscious individual consumers, with a men's grooming line added via the 2023 Ustraa acquisition.
Ownership category
akta.pro rank

VLCC Healthcare industry classification

Industry
Product category
Wellness and Beauty Services
NAICS
Diet and Weight Reducing Centers (812191), Beauty Salons (812112), Cosmetics, Beauty Supplies, and Perfume Retailers (456120)
SIC
Perfumes, Cosmetics & Other Toilet Preparations (2844), Services-Misc Health & Allied Services, Nec (8090)
akta.pro primary industry
Weight Loss Coaching (Non-Clinical) (HSADAFAB)
akta.pro secondary industries
Weight Loss & Body Transformation Training (HSADAAAC), Beauty & Personal Care DTC (CRAFACAB), Professional/Backbar Skincare (Esthetician & Spa Use) (CRABAAAK)

Keywords

  • Wellness services
  • Skincare products
  • Weight management
  • Personal care
  • Beauty treatments

Where VLCC Healthcare is headquartered

Location

Headquarters

HQ city
Gurugram
HQ country
India
HQ region
Asia

Markets served

VLCC Healthcare business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Supply Chain, Technology or R&D

Distribution channels1 record

VLCC Healthcare product offering

Product offering

Core offering

VLCC Healthcare operates wellness and beauty service centers delivering weight loss programs, diet plans, personalized skincare treatments, and professional therapies. It also sells its own range of skincare and personal care products, including the acquired Ustraa men's grooming line, and is positioned as a key player in the herbal and plant-based beauty market.

Product overview

VLCC Healthcare is a wellness and beauty company offering a portfolio of products and services centered around weight loss programs, skincare, and personal grooming. The company operates through its core VLCC Wellness brand providing weight management and diet services, supplemented by its acquired men's grooming brand Ustraa. VLCC participates in the herbal beauty and plant-based skincare market segments, offering natural and organic beauty formulations. The company operates across multiple countries including India, Bahrain, Bangladesh, Kuwait, Kenya, Nepal, Oman, Qatar, Sri Lanka, and UAE.

Differentiator

Problem solved

Functional benefit

Brands

  • Ustraa: Men's grooming brand acquired by VLCC in 2023, offering razors, shaving creams, and personal care products

Products and services

  • VLCC Wellness Weight Loss Programs Structured weight loss and diet programs offered to individual consumers, including dietary guidance and professional therapies delivered through VLCC wellness centers across multiple countries.
  • Herbal and Plant-based Skincare Products Natural and organic beauty formulations positioned within the herbal beauty and plant-based skincare segment, sold to individual consumers.
  • Ustraa Men's Grooming Products Men's grooming range including razors, shaving creams, and personal care items, distributed under the Ustraa brand following VLCC's acquisition.

Companies that use VLCC Healthcare

Customer profile

Segments1 record

Ideal customer profiles1 record

VLCC Healthcare technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

VLCC Healthcare partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • UstraacoreStrategic or Co-development Partner · 10 June 2023VLCC acquired Ustraa, a men's grooming brand, through a secondary buyout and share exchange. Current investors of Ustraa gained stock in VLCC as part of the transaction. The deal aimed to boost VLCC's entry into the men's grooming market.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

VLCC Healthcare competitors and assessment

Company assessment

Broad incumbents

  • Dabur India: Dabur is a large diversified FMCG and Ayurvedic wellness/beauty incumbent, named alongside VLCC in the herbal beauty market. Overlapping categories include natural skincare, haircare and wellness, but Dabur operates at significantly larger scale with a much broader portfolio.
  • Emami: Emami is a large Indian personal care and wellness FMCG with strong herbal positioning (Zandu, Boroplus). Comparable to VLCC in herbal personal care and Ayurvedic positioning, but Emami is a far broader, publicly listed FMCG incumbent.
  • Marico: Marico is a large Indian FMCG personal care and wellness company (Parachute, Saffola, Kaya Youth) with overlapping wellness and personal care adjacencies. Comparable on distribution depth and category breadth, though VLCC's service-led model is distinctive.

Direct peers

  • Himalaya Wellness: Himalaya Wellness is one of India's largest herbal and plant-based wellness and personal care companies, directly comparable to VLCC across skincare, wellness and herbal beauty categories — and explicitly named alongside VLCC as a key player in the plant-based skincare market.
  • Biotique: Biotique is an Indian herbal and botanical skincare and wellness brand, directly comparable to VLCC on natural-formulation positioning and target consumer. Smaller in scale but a head-to-head competitor in the premium herbal beauty segment.
  • Patanjali Ayurved: Patanjali is one of India's largest natural and Ayurvedic FMCG and wellness players, competing directly with VLCC in herbal personal care, Ayurvedic wellness formulations and weight-management categories via its food and nutraceutical lines.
  • Lotus Herbals: Lotus Herbals is an Indian plant-based and natural skincare and cosmetics brand, listed alongside VLCC as a key herbal beauty player. Highly comparable on product positioning (natural ingredients) and target consumer (premium Indian beauty buyer).
  • Kaya Limited: Kaya operates a chain of dermatology and aesthetic skincare clinics in India and the Middle East, directly comparable to VLCC's wellness-center services model. Both deliver professional beauty and skincare services through a clinic-based network across similar geographies.

Regional players

  • Nykaa (FSN E-Commerce): FSN E-Commerce Ventures (Nykaa) is India's largest beauty and personal care omni-channel retailer. While Nykaa is a retailer rather than a brand owner, it is a key distribution channel and competitive force shaping the same premium Indian beauty consumer that VLCC targets.

Emerging players

  • Bodycraft: Bodycraft is an Indian beauty salon and spa chain offering skin, body and wellness services, comparable to VLCC's wellness-center service delivery. Smaller and more salon-focused, but addresses the same urban Indian wellness-services consumer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

VLCC Healthcare social profiles

Digital presence

VLCC Healthcare financial estimates

Financial estimate

Revenue estimate

Valuation estimate

VLCC Healthcare leadership team

Management profile

Number of profiles

Profiles3 records

VLCC Healthcare subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

VLCC Healthcare funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

VLCC Healthcare M&A and investment

M&A and investment

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VLCC Healthcare

What does VLCC Healthcare do?

VLCC Healthcare operates wellness and beauty service centers delivering weight loss programs, diet plans, personalized skincare treatments, and professional therapies. It also sells its own range of skincare and personal care products, including the acquired Ustraa men's grooming line, and is positioned as a key player in the herbal and plant-based beauty market.

Is VLCC Healthcare a public or private company?

VLCC Healthcare is a private company. It is classified as private equity controlled and is currently operating.

When was VLCC Healthcare founded?

VLCC Healthcare was founded in 1989. It employs 1,001 to 5,000 people.

Where is VLCC Healthcare based?

VLCC Healthcare is headquartered in Gurugram, India, in the Asia region.

Who are VLCC Healthcare's main competitors?

Broad incumbents on record are Dabur India, Emami and Marico. Direct peers are Himalaya Wellness, Biotique, Patanjali Ayurved, Lotus Herbals and Kaya Limited. Nykaa (FSN E-Commerce) is listed as a regional player. Bodycraft is listed as an emerging player.

Does VLCC Healthcare have an API?

No public API is recorded for VLCC Healthcare.

What industry is VLCC Healthcare in?

VLCC Healthcare's product category is Wellness and Beauty Services. Its primary akta.pro industry code is HSADAFAB, Weight Loss Coaching (Non-Clinical), with a secondary code of HSADAAAC, Weight Loss & Body Transformation Training. Its NAICS code is 812191 and its SIC code is 2844.

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Live signals
Business OutreachVandana Luthra Success Story: How She Built VLCC into a Global BrandThis article profiles Vandana Luthra and traces the growth of VLCC from a single wellness centre launched in 1989 with a ₹3 lakh bank loan in New Delhi to a globally recognised beauty and wellness brand operating over 300 wellness centres across multiple countries. The company differentiated itself by integrating beauty, nutrition, fitness, and preventive healthcare under one roof, a science-backed model that was novel in the Indian market at the time. VLCC expanded through strategic acquisitions including Global Vantage Innovative Group in Singapore and Wyann International in Malaysia, while attracting private equity investments from CLSA and Everstone Capital, and received India's Padma Shri honour in 2013 for its contribution to trade and industry.Market Reports WorldAesthetic Wellness Clinics Market SizeThe global aesthetic wellness clinics market is projected to grow from USD 5.61 million in 2025 to USD 15.04 million by 2033, driven by rising demand for non-invasive procedures and technological integration. Key players such as VLCC Health Care Ltd and Kaya Skin Clinic are expanding their networks through new clinic openings and AI-powered diagnostic tools to capture market share. The sector is characterized by strong growth in North America and the Asia-Pacific region, with medical tourism and preventative care trends further fueling industry expansion.FranchisebazarVLCC Franchise Opportunity: Wellness + Salon—The Future of Beauty FranchisingVLCC Healthcare Ltd., a wellness and beauty company founded in 1989 by Vandana Luthra, is actively seeking franchise partners across India and internationally. The company offers three franchise models ranging from VLCC Salon to VLCC Wellness, Beauty & Fitness Centre, with total investments spanning ₹18–75 Lakhs and royalty fees of approximately 15% of monthly turnover. VLCC is prioritising expansion into Tier II and Tier III cities while also targeting international markets including Sri Lanka, Bangladesh, GCC nations, and African countries.VlccCool Sculpting Treatment in Delhi: Benefits, Results and CostThe article is a promotional piece for VLCC's customized body contouring treatments, including Cool Sculpting, offered in Delhi. It encourages readers to consult with their experts for personalized advice and treatment plans.VlccWhat is Very Low Calorie Diet aka VLCD?The article explains what a Very Low-Calorie Diet (VLCD) is, featuring information from VLCC and offering consultation services.PR NewswireVLCC Joins Government's Skilling Mission to Boost Youth EmployabilityVLCC India announced its integration into the Government of India's Skill India Mission, launching an industry-first initiative offering 100% guaranteed job placement and scholarships of up to 100% for students enrolling in its vocational training programs. The company simultaneously opened 14 new VLCC School of Beauty institutes, expanding its national footprint to over 106 training centers with a focus on Tier 2 and Tier 3 towns. The initiative aligns with industry-certified courses under NSDC and Beauty & Wellness Sector Skill Council standards, targeting the growing demand for trained professionals in India's beauty and wellness sector.VlccAbdominal (Belly) Fat Removal without SurgeryThe article discusses non-surgical methods for abdominal fat removal promoted by VLCC. It emphasizes personalized consultations with dermatologists and tailored treatment plans.The Hans IndiaThe Game Changers: India’s Most Successful Women EntrepreneursThis article profiles six of India's most influential women entrepreneurs: Falguni Nayar (Nykaa), Kiran Mazumdar Shaw (Biocon), Ghazal Alagh (Mamaearth), Upasana Taku (MobiKwik), Richa Kar (Zivame), and Vandana Luthra (VLCC), highlighting their achievements and business milestones. The feature also discusses broader challenges facing women entrepreneurs in India, including limited funding access, work-life balance pressures, gender bias, networking barriers, lack of mentorship, and market credibility issues. The article frames these success stories as evidence that entrepreneurship is not defined by gender, encouraging continued support for female entrepreneurs in India.MintAlpha Wave is new face in VLCC's beauty paradeUS-based private equity firm Alpha Wave Global has submitted a binding bid to acquire a 25% minority stake in New Delhi-headquartered wellness company VLCC Healthcare Ltd from Carlyle, with the deal potentially valuing VLCC at $600-700 million. Carlyle, which purchased a majority stake in VLCC for $300 million in January 2023 and currently holds around 63%, is looking to partially exit and derisk its investment as the company has shown strong performance with 22% YoY revenue growth in FY23 and approximately 19% growth to ₹958 crore in FY24. The transaction, expected to close next financial year, follows a trend of PE firms taking profits from well-performing portfolio companies while maintaining some exposure.