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News on Medial
Unilever in advanced talks to sell Elida Beauty to Yellow Wood
Livemint
·
1y ago
Medial
Unilever is reportedly in advanced talks to sell its Elida Beauty division, which includes beauty and personal care brands like Q-Tips and Impulse, to private equity firm Yellow Wood Partners. The deal is expected to be worth less than $1 billion. Unilever has been focusing on its key brands to address challenges in the consumer goods industry, while Yellow Wood previously acquired Unilever's personal care brand Suave.
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Related News
Hindustan Unilever in talks to acquire Peak XV-backed Minimalist for up to $350M
TechCrunch
·
7m ago
Medial
Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimalist for up to $350 million, according to two people familiar with the matter. An acquisition would add to the Unilever subsidiary’s buying spree in India, where it expanded into the health and wellbeing category by acquiring Oziva and Wellbeing Nutrition a year ago.
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WishCare Raises Rs 20 Crore In Its First Funding Round From Unilever Ventures
OutlookIndia
·
1y ago
Medial
Indian beauty brand, WishCare, has secured Rs 20 crore in funding from Unilever Ventures. The company plans to use the funds to enhance their research and development capabilities, focus on formulating high-efficacy products, strengthen their presence in the domestic market, and expand internationally. WishCare offers science-backed skincare and haircare products that have gained consumer trust. They currently sell their products on various online marketplaces and have achieved significant growth in the past year.
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Multiples, Alpha Wave, VLCC, 360 One WAM, LEAD Group, NTPC, and Arohan in news
VCCircle
·
9m ago
Medial
Grapevine: Multiples Alternate Asset Management and Alpha Wave Global are making moves in the Indian market, while VLCC, 360 One WAM, LEAD Group, NTPC, and Arohan are also making headlines. Multiples and SHV Energy are looking to sell their stake in Indian assets, and Alpha Wave Global is in talks to acquire a stake in a beauty and wellness company. Meanwhile, LEAD Group and 360 One WAM plan to raise capital.
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Hindustan Unilever appoints Priya Nair as CEO and MD, Chairman says, 'Her deep understanding...'
IndianStartupNews
·
28d ago
Medial
Hindustan Unilever Limited (HUL) has appointed Priya Nair as the CEO and Managing Director, effective August 1, 2025. Currently serving as President of Beauty & Wellbeing at Unilever, Nair joined HUL in 1995 and has held various significant roles in sales and marketing. She will replace Rohit Jawa, who steps down on July 31, 2025. Chairman Nitin Paranjpe expressed confidence in Nair's leadership to elevate HUL's performance further.
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Greenlam Industries to invest Rs 1,147 crore in Andhra Pradesh for laminate facility
Economic Times
·
23d ago
Medial
Greenlam Industries will invest Rs 1,147 crore to establish a manufacturing facility in Naidupeta, Andhra Pradesh, for high-pressure laminates and particle boards. The facility will produce 7 million laminate sheets and 2.9 lakh cubic meters of wood particle board annually, utilizing advanced German technology. The Andhra Pradesh government will provide Rs 329 crore in incentives, covering over 30% of the project's cost. This investment aligns with the rising demand in India's engineered wood and home decor markets.
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Grapevine: ChrysCapital, Wow Skin Science, Carlyle, and Strata Geosystems in news
VCCircle
·
7m ago
Medial
ChrysCapital-backed Wow Skin Science is reportedly in talks to sell a majority stake, while US private equity firm Carlyle is discussing acquiring a 60-70% stake in Strata Geosystems (India) Pvt Ltd and its affiliates. These developments highlight ongoing significant transactions in the beauty and geosystems sectors, as companies and investors seek strategic expansions and market opportunities. The potential stakes in Wow Skin Science and Strata Geosystems reflect broader trends in industry consolidations and investments.
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KKR moves closer to sealing stake sale deal for JB Chemicals
VCCircle
·
1y ago
Medial
Global private equity firm KKR is nearing a deal to sell its stake in Indian pharmaceutical company JB Chemicals & Pharmaceuticals Ltd. After engaging in discussions with multiple potential buyers, KKR is now in advanced talks with a company for the sale of its stake. The Mumbai-listed JB Chemicals has been the subject of interest from various suitors.
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Moxie Beauty Nets INR 17.3 Cr From Fireside Ventures, Others
Inc42
·
1y ago
Medial
Moxie Beauty, a direct-to-consumer (D2C) haircare brand, has raised funding in a round that included angel investors such as Samir Singh (former CMO of Unilever) and Arjun Purkayastha (MD of Reckitt). The funds will be used for product innovation, research, distribution expansion, and talent acquisition. Moxie Beauty, founded in 2023 by Nikita Khanna and Anmol Ahlawat, focuses on creating haircare products specifically designed for Indian hair textures.
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L’Oréal plans growth blitz to double India biz in 3-5 years
Livemint
·
1y ago
Medial
L'Oréal India is setting its sights on becoming the country's number-one beauty brand. Currently second only to Hindustan Unilever, L'Oréal is hoping to double its business in the next three to five years. The company plans to focus on skincare, expand its presence in retail stores, e-commerce, and pharmacies, and tap into the growing market for dermatological products. India's beauty and personal care market is projected to reach $30 billion by 2027, with online sales making up around 33% of the market.
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Moxie Beauty raises Rs 17.3 Cr led by Fireside Ventures
Entrackr
·
1y ago
Medial
D2C haircare brand Moxie Beauty has raised Rs 17.3 crore or $2.1 million in a new round led by Fireside Ventures. The round also saw participation from a group of angel investors, including Samir Singh (ex Unilever CMO Personal Care, Chair Unilever Asia), Arjun Purkayastha, Suhasini Sampath (founder, Yoga Bar), Navin Parwal and Sangeet Agrawal (founders, Mokobara). In April last year, the Gurugram-based startup had raised $669K in its seed round from Amplify Partners, OTP Venture Partners and others. The new proceeds will be used towards product innovation and research, hiring talent, and expanding distribution channels. Launched by Nikita Khanna and Anmol Ahlawat, Moxie Beauty makes salon-quality hair care products that are tailored for Indian hair textures. Besides essentials like shampoo and conditioner, it offers leave-in products and styling products that help tackle dryness and frizz.
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