D2C ruined the Indian startup ecosystem. Change my opinion.
Anonymous 3
Hey I am on Medialย โขย 4m
D2C startups may struggle, but they brought innovation. Traditional FMCG giants like HUL and ITC were forced to adapt because of D2C brands like Wow Skin Science and boAt.
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gray man
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Hindustan Unilever Ltd (HUL), a leading player in the FMCG sector, has announced the completion of its acquisition of a 90.5% stake in Uprising Science Private Ltd, the parent company of D2C personal care brand Minimalist.
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gray man
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ITC, a major player in the FMCG sector, is set to acquire an additional 73.5% stake in Mother Sparsh Baby Care, a D2C brand known for its natural baby care products. This move will make Mother Sparsh a wholly-owned subsidiary of ITC.
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How did two boys from Jaipur sell their company to HUL for 3200 CR?
โก๏ธ October 2020โMohit and Rahul Yadav launch Minimalist in Jaipur, a Tier 2 city. They challenge misleading skincare claims with a science-backed approach inspired by The Ordinary.
๐๐จ๐ ๐ฎ๐ฐ๐พ๐๐ถ๐ฟ๐ฒ๐ฑ ๐ฎ ๐ต๐ฌ.๐ฑ% ๐๐๐ฎ๐ธ๐ฒ ๐ถ๐ป ๐ ๐ถ๐ป๐ถ๐บ๐ฎ๐น๐ถ๐๐ !!
Hindustan Unilever Limited (HUL) has acquired a 90.5% stake in Minimalist for โน2,955 crore, with plans to purchase the remaining 9.5% within two years.
Minimalist, founded
๐ง๐ต๐ฒ ๐๐ถ๐ฑ๐ฑ๐ฒ๐ป ๐๐ฟ๐ถ๐๐ถ๐ ๐ถ๐ป ๐๐ป๐ฑ๐ถ๐ฎ๐ป ๐๐ ๐๐ ๐ก๐ผ๐ฏ๐ผ๐ฑ๐ ๐ง๐ฎ๐น๐ธ๐ ๐๐ฏ๐ผ๐๐
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๐ ๐ฒ๐ฒ๐ ๐๐ต๐ฒ ๐๐ฎ๐บ๐ฒ ๐๐ต๐ฎ๐ป๐ด๐ฒ๐ฟ๐: ๐ญ๐ฌ ๐๐ป๐๐ฟ๐ฒ๐ฝ๐ฟ๐ฒ๐ป๐ฒ๐๐ฟ๐ ๐๐ฟ๐ถ๐๐ถ๐ป๐ด ๐๐ต๐ฎ๐ป๐ด๐ฒ ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฑ
Innovation and entrepreneurship are shaping the future, and 2025 is no different. This year, we see a new wave of visionaries transf
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Harsh Dwivedi
ย โขย
Medialย โขย 4m
Top News of the Week
1. Funding:
- This week, IPO-bound non banking financial company Aye Finance raised $12.8 Mn in debt from a clutch of investors, including Northern Arc, ASK Financial Holdings. This was the largest funding round of the week.
-