Brands
Hindustan Unilever takes full control of Zywie Ventures as OZiva valuation soars
Wellness brand OZiva now fully owned as valuation triples in just three years
MUMBAI: Hindustan Unilever Limited (Hul) has stirred the last ingredient into its wellness mix, securing complete ownership of Zywie Ventures Private Limited. The acquisition makes OZiva, the six-year-old plant-based nutrition brand, a wholly owned Hul subsidiary.
The FMCG giant finalised the deal after acquiring the remaining 49 per cent stake for Rs 824 crore, following its initial 51 per cent purchase in December 2022 for Rs 264 crore. That earlier investment had valued the company at around Rs 518 crore. Today, OZiva’s valuation has soared to nearly Rs 1,682 crore, more than tripling in just over three years.
Founded in 2019, OZiva sells direct-to-consumer health, wellness, skin, and hair nutrition products. Investors including Matrix Partners, Eight Roads Ventures, and Stride Ventures had already poured around $17 million into the company before Hul stepped in.
The brand’s financial performance has been equally robust. Revenue jumped 148 per cent to Rs 258 crore in FY25 from Rs 104 crore the year before, while losses shrank 90 per cent to Rs 4.5 crore from Rs 43.5 crore.
With the acquisition now complete, Hul has successfully folded OZiva into its vast portfolio, marking another milestone in the company’s growth through strategic acquisitions.
