Botanic Healthcare, an Indian nutraceutical company, has raised INR 250 crore (around US$30 million) in a new equity funding round. Stakeboat Capital led this round, with contributions from the Abakkus Four2Eight Opportunities Fund and the DS Group, an existing partner of Stakeboat Capital.

The funds will help Botanic Healthcare consolidate its group entities and strengthen its global presence in the growing nutraceutical market.

The company plans to expand its product offerings, invest in research and development, and form strategic partnerships.

Botanic Healthcare aims for 400% growth over the next three years by enhancing its infrastructure, research, production, and quality assurance.