India’s wellness industry has been a lucrative investment destination for private equity (PE) funds during the last few years and leading companies in this segment are likely to continue tapping these funds for domestic and foreign acquisitions. Beauty and wellness major Vandana Luthra Curls and Curves (VLCC) and homeopathy chain Dr Batra’s Positive Health Clinic are among those looking to access PE funds for inorganic expansion.
The wellness market in India is estimated at Rs 49,000 crore and services account for 40 per cent of this market. Experts say the sector is recording healthy growth of 20-25 per cent yearly and is expected to maintain a similar growth trajectory over the next three to five years.
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