VLCC to acquire two companies; foray into nutraceuticals biz

The company is going for an IPO this year

Beauty and wellness brand VLCC is in the advanced stage of acquiring at least two companies, including a nutraceuticals company, in the near future. The company is looking at relaunching its IPO this year, which it delayed last year owing to market sentiments.

"We are in talks with three companies for acquisition and at least two of them are in (the) advanced stage," said Vandana Luthra, founder of VLCC. One of the acquisitions would result in the company's foray into the neutraceuticals business. Talks are on to acquire companies which have a presence in wellness services. It also has the