Aayush Wellness (BOM:539528) has earmarked an investment of 50 million Indian rupees for its new strategic growth division to fund startups and existing businesses that have potential in the healthcare and wellness space, according to a Wednesday filing with the BSE.
The firm will provide capital to its portfolio companies and access to its network, industry expertise, and operational guidance to accelerate their growth.
Shares of the company were down 5% in recent trade.