Zeno Health (Workcell Solutions Private Limited) has acquired certain assets and liabilities, on a slump sale basis, from a Kolkata-based startup, Tablt Pharmacy.
Argus Partners has advised Zeno Health on this acquisition deal.
The transaction team consisted of Abhinav Bhalaik (Partner), Neha Madan (Partner), Ishita Agarwal (Senior Associate), Kanishk Gambhir (Associate) and Samridhi Kapoor (Associate).
Zeno Health is a health-tech startup and omnichannel pharmacy platform for generic and branded medicines.
This acquisition would enable Zeno Health to strengthen its presence in the States of West Bengal, Odisha, Bihar and Jharkhand where Tablt operated through more than 300 franchises to provide last mile medicine supply services in underserved markets.
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