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Founded in 1989, VLCC has a network of 210 retail "clinics" in 118 cities across 11 countries in South Asia, the Middle East and Africa
VLCC founders Vandana Luthra and Mukesh Luthra will continue to hold a significant stake in the company, Carlyle said
Industry players say some companies plan to re-file their DRHPs so that they can have another stab at listing
VLCC Health Care Ltd has received capital markets regulator Sebi's go ahead to float the initial public offering, market sources said on Friday.
Companies report spike in transaction via android apps as merchants opt for contactless payment systems
Beauty and wellness brand VLCC is in advanced stage of acquiring at least two companies including a nutraceuticals company in the near future. The company is looking at relaunching its IPO this year, which it delayed last year owing to market sentiments."We are in talks with three companies for acquisition and at least two of them are in advanced stage," said Vandana Luthra, founder of VLCC. One of the acquisitions would result in company's foray into neutraceuticals business. Talks are to acquire companies which have presence in wellness services. It also has acquisition of an international wellness company in its radar.The acquisitions are to expand its portfolio and geographical foot print. It is expecting all the acquisitions to be completed by March, 2018. She refused to share any estimation on the acquisition size, claiming confidentiality.The company would be looking at going for an IPO before the end of 2017. It may be noted that last year the company has filed a draft red ...