FSN E-Commerce Ventures Acquires Remaining 40% Stake in Nudge Wellness, Making it a Wholly-Owned Subsidiary

FSN E-Commerce Ventures Ltd has approved the acquisition of the balance 40% stake in Nudge Wellness Private Limited from Onesto Labs Private Limited. The transaction, which is subject to execution of definitive transaction documents and regulatory steps, will make Nudge a wholly-owned subsidiary of the Company. The acquisition is a related party transaction and is being done on arm's length basis. The transaction is expected to be completed by September 30, 2025, and the consideration for the acquisition is Rs. 14.26 lakhs. Nudge, incorporated in 2022, is a health and wellness company that markets and sells wellness products including dietary supplement products on their website and other e-commerce websites.