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HealthKart secures 153 million dollars in significant secondary funding round
HealthKart has successfully raised $153 million in a secondary funding round led by ChrysCapital and Motilal Oswal Alternates, marking a significant milestone for consumer startups this year. The funding, which values the Gurugram-based health supplement platform at approximately $500 million, allows early investors and stakeholders to sell their shares, providing liquidity without new shares being issued. Notable backers include Peak XV, Temasek, and Intel Capital, among others.
institutional investors increasingly prioritize esg factors despite political challenges
A recent survey reveals that 67% of institutional investors now prioritize environmental, social, and governance (ESG) factors more than last year, with 42% of their assets managed under ESG considerations. Despite concerns about returns and challenges like greenwashing, the trend towards sustainable investing continues to grow, driven by a commitment to fiduciary responsibilities and stakeholder expectations. Over 70% of investors anticipate increased use of artificial intelligence to enhance ESG data management in the coming years.
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