Acquisition · Commerce & Consumer Brands

Hindustan Unilever acquires remaining stake in OZiva for ₹824 crore

By Startup Enthusiast · 12 February 2026

What they do

OZiva sells plant-based protein, vitamins, minerals, and beauty products through its digital and retail channels

Hindustan Unilever acquired the remaining 49 percent stake in Zywie Ventures for ₹824 crore to gain full ownership

The brand scaled significantly after Hindustan Unilever made its initial majority investment in 2022

Hindustan Unilever Limited announced the complete acquisition of nutraceuticals brand OZiva by purchasing the remaining 49 percent stake.
The parent company of OZiva, Zywie Ventures Private Limited, will become a wholly owned subsidiary following the ₹824 crore transaction.
The board approved the deal under a pre-agreed valuation framework, and the transaction is expected to conclude by March 2026.
In a separate portfolio adjustment, Hindustan Unilever divested its 19.8 percent minority stake in Nutritionalab Private Limited for ₹307 crore.
OZiva achieved strong performance since the initial majority investment, scaling to approximately ₹480 crore in 2025.

Hindustan Unilever entered the health and wellbeing sector to capture growing consumer demand for everyday wellness products.
The parent company aims to focus on fewer, larger bets to scale purpose-led brands using its distribution and market development strengths.

OZiva offers clean and plant-based nutrition products, vitamins, minerals, and supplements (VMS).
Zywie Ventures reported a turnover of ₹257.67 crore in financial year 2025.

The completion of both deals is targeted for March 2026 pending standard administrative approvals.