Sixth Sense picks stake in sports nutrition firm


Consumer-focused venture capital firm Sixth Sense Ventures has marked its foray into the healthcare sector by investing in Fullife Healthcare Pvt. Ltd, which sells sports nutrition supplements under the brand Fast & Up.


Sixth Sense has picked up 10 per cent stake by investing around Rs 10-15 crore ($1.4-2 million) in the Mumbai-based firm.


Fullife, which sells its products in 20 countries, also counts ace investor Rakesh Jhunjhunwala among its backers. Jhunjhunwala had invested an undisclosed amount in 2013 and holds 25 per cent stake in the firm.


Fullife had posted net sales of Rs 18.2 crore in the financial year 2016-17, a tad higher than the Rs 17.6 crore it recorded the year before that.

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