Archive · 27 Dec 2025
Zota Health Care Raises ₹350 Crore
Zota Health Care, a big company that sells affordable medicines in India, just raised a lot of money (₹350 crores) from big investors.
They sold shares to these investors at ₹1,535 each.
The money will help them open more stores all over India.
Right now, they have over 1,373 stores they own and over 880 stores run by others.
They plan to have more than 5,000 stores by March 2029.
They also got two famous people, a cricket captain and a Bollywood actor, to be their brand ambassadors.
This shows that people believe in their plan to make medicines more affordable for everyone.
Zota Health Care raised ₹350 crores through a QIP issue.
The company allotted 22,80,130 shares at ₹1,535 per share to institutional investors.
Investors include Valiant Partners, 360 ONE, 3P Investment Managers, White Oak Capital, Sanshi Fund-I, and Turnaround Opportunities Fund.
Proceeds will be used to expand generic pharmacy stores nationwide, aiming for 5,000 stores by March 2029.
Zota Health Care currently operates 1,373 COCO stores and 880 FOFO stores, with 400 COCO stores in development.
- Who
- Zota Health Care Limited
- What
- Raised ₹350 crores through QIP and signed brand ambassadors
- When
- Not specified
- Where
- Surat, India
- Why
- To accelerate nationwide expansion of generic pharmacy stores
- Company
- Zota Health Care Limited
- Fundraise Amount
- ₹350 crores
- Shares Allotted
- 22,80,130
- Issue Price per Share
- ₹1,535
- Investors
- Valiant Partners, 360 ONE, 3P Investment Managers, White Oak Capital, Sanshi Fund-I, Turnaround Opportunities Fund
- Brand Ambassadors
- Mahendra Singh Dhoni, Suniel Shetty
- Current COCO Stores
- 1,373
- Current FOFO Stores
- 880
- Target Stores by 2029
- 5,000
