Zywie Ventures 51% owned by Hindustan Unilever.

Hindustan Unilever, an FMCG firm, revealed on Wednesday that it had successfully acquired 51% of Zywie Ventures Pvt Ltd.

For the first tranche of the transaction, the corporation has finished buying 51% of Zywie Ventures for 264.28 crore.

Focusing on markets with high demand for lifestyle protein, hair and beauty supplements, and women’s health, Zywie Ventures with OZiva, a groundbreaking plant-based and clean-label consumer wellness brand, was founded in 2016.

This news is written by Ms. Amrita Singh, Research Assistant, All India Legal Forum.