India, Nov. 6 -- The capital, funded entirely by Dabur's balance sheet, would be invested in acquiring stakes in high-potential, new-age digital-first businesses

Science-based Ayurveda major Dabur India announced the launch of Dabur Ventures, an investment platform with capital allocation of up to Rs 500 crores.

"The capital, funded entirely by Dabur's balance sheet, would be invested in acquiring stakes in high-potential, new-age digital-first businesses that demonstrate strong growth potential and are closely aligned with Dabur's long-term strategic vision," saidAbhinav Dhall, Executive Director and Group Head of Corporate Strategy, Dabur India who will be leading Dabur Ventures.

"We're charting a bold path by backing progressive ven...