The deal will help support and encourage athletes with intellectual disabilities in India, beginning with the 2017 Winter Special Olympics in Austria.
Ajay Khanna, vice-president and country head, Herbalife International India, said: "This new partnership with Special Olympics Bharat exemplifies our commitment to helping athletes discover new strengths, skills and success - on the playing field and in life."
"This year, 2,700 athletes from 107 nations are competing at the games, and India is sending the largest contingent, with 100 athletes. We, at Herbalife Nutrition, wish every athlete the very best, hoping they fulfil their dreams and aspirations," he added.
Commenting on the partnership, Air Marshal Denzil Keelor, CEO- Special Olympics Bharat, said: "We are proud and honoured to be associated with a company that is committed to health, diversity and community, and supporting our athletes."
In 2016, Herbalife forged a partnership with the Indian Olympic Association (IOA), and became the Official Nutrition Partner of the Indian Olympic Team to the Rio games.