Vertices Partners and Bharucha & Partners advised on Marico’s acquisition of majority stake in Cosmix Wellness for INR 225 crores.
The acquisition strengthens Marico’s presence in the fast-growing health and wellness segment and aligns with its strategy of scaling digital-first brands in high-growth categories. Marico limited has acquired 60% with the remaining 40% stake is proposed to be acquired over a three-year period.
Cosmix is a leading brand in the plant protein and wellness category across e-commerce and quick-commerce platforms and marks the sixth addition to Marico’s digital-first portfolio.
Vertices Partners advised Marico Limited on its acquisition of a 60% majority stake in Cosmix Wellness Limited for INR 225 crores (USD 24.8 million).
The Vertices Partners transaction was led by Founder and Managing Partner Vinayak Burman and Partner Vikrant Anand, supported by Associate Managers Nisha Dharod and Nishtha Khandelwal, and Associate Stuti Jain.
Bharucha & Partners advised Cosmix and its founders on the transaction.
The deal team was led by Partner and Practice Lead – VC and Growth Stage Investments Swathi Ravi Girimaji.
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