HealthKart eyes foray into the US market, plans IPO in next 2-3 years

HealthKart operates two verticals in the Indian market, MuscleBlaze, a sports nutrition brand, and HKVitals, an online health supplement brand

Nutrition platform HealthKart is planning a foray into the international market, with plans for an initial public offering (IPO) on the horizon, said a senior executive of the company. The company, last month, raised $135 million from Singaporean investor Temasek.

“Our current focus is on scaling the business to the next level. We want to expand our platform to the US market. An IPO is certainly a possibility in the next two to three years when the time and scale are right,” said Sameer Maheshwari, founder and chief executive officer, HealthKart.

Propelled by the pandemic, the Indian nutraceutical market has