The funds raised will be utilised for investing in the brand, ramping up the distribution infrastructure, and building a robust organisation to help us drive the next phase of growth
Motilal Oswal Alternate Investment Advisors Private Limited (“MO Alts” or “MO Alternates”) has invested Rs 4,000 million for a minority stake in Pan Healthcare, a Rajkot based manufacturer of hygiene products.
Chirag Pan, Promoter, Pan Health said, “Our singular focus on offering the best quality product at competitive price points has enabled us to quickly establish ourselves as one of the top domestic brands in a highly competitive hygiene products category. We are very excited to partner with MO Alts and look forward to leverage their experience of backing category leaders in the consumer segment to accelerate our growth plans. The funds raised will be utilised for investing in the brand, ramping up the distribution infrastructure, and building a robust organisation to help us drive the next phase of growth.”