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Sixth Sense backs sports nutrition co

June 21, 2018

Domestic consumer-centric venture fund Sixth Sense Ventures’ Nikhil Vora has joined India’s ace investor Rakesh Jhunjunwala as co-investor in former Lupin president Satish Khanna’s Fullife Healthcare, a Mumbai-based nutrition company focused on the fast-growing preventive healthcare and active living segment.

After the transaction, the three lead shareholders – the Khanna family, Jhunjunwala and Sixth Sense – will be promoters in the company. Sixth Sense will own a stake of around 10% in the company. Its first fund Sixth Sense India Opportunities – I has completed 10 investments, while it has closed two investments from the second fund so far.

Sixth Sense Ventures has invested around $3 million in Fulllife.