Organic India, an organic food and supplements firm controlled by ethnic wear retailer Fabindia, is in talks to buy significant stake in nutritionist Shikha Sharma’s NutriHealth, which provides personalised nutrition management services, a person familiar with the development said.

Organic India will buy 20-40% stake in Delhi-based NutriHealth and the two companies have already signed term sheet for the deal, the person told ET.

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