Healing Co. Eyes Nasdaq After Attracting Billionaire Families

The Healing Co., an owner of food supplement and wellbeing brands, has attracted investment from two billionaire families as it sets its sights on an eventual Nasdaq listing.

The firm secured an initial funding tranche of $5 million from strategic partners including the Burman family, which controls Dabur India Ltd., one of the country’s largest consumer goods companies. The family office of Ingvild Goetz, heir to the founder of top German retailer Otto Group, is also investing, according to a statement Thursday.

The funding could later be increased to as much as $7 million, it said in the ...