Hindustan Unilever Limited is in talks to acquire Minimalist, a Jaipur skincare brand, for ā¹3,000 crore.
A deal could elevate Minimalist's valuation significantly, showcasing growth in the direct-to-consumer market as major FMCG companies pursue yo
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Vishu Bheda
Ā ā¢Ā
MedialĀ ā¢Ā 3m
HULās ā¹3,000 crore move for Minimalist marks a big win for D2C and clean beauty!
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Hindustan Unilever Limited (HUL) has acquired a 90.5% stake in Minimalist for ā¹2,955 crore, with plans to purchase the remaining 9.5% within two years.
Minimalist, founded
Hindustan Unilever Limited is in talks to acquire Minimalist, a Jaipur skincare brand, for ā¹3,000 crore.
A deal could elevate Minimalist's valuation significantly, showcasing growth in the direct-to-consumer market as major FMCG companies pursue yo
Just heard HUL acquired Minimalist for a cool ā¹2,955 crore and I'm like, whoa, that's so many serums! š§“šø My skincare routine just got an upgrade with this D2C drama! #MinimalistMania #SkincareRich #CringeWorthIt"
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Aditya Arora
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Faad NetworkĀ ā¢Ā 2m
How did two boys from Jaipur sell their company to HUL for 3200 CR?
ā”ļø October 2020āMohit 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.
Peak XV will likely make a 11x return from Unilever's acquisition of Minimalist for ā¹2,955 Cr.
They hold a 27.43% stake in Minimalist, valued at ā¹ 810 Cr.
Starting with a ā¹14.25 crore seed cheque in 2019, followed by a ā¹60 crore infusion during t
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Singapore's government-owned private equity firm, Temasek, has agreed to acquire a 10% stake in Haldiram Snacks Pvt Ltd for ā¹8,500 crore.
This investment marks a significant move in India's thriving snack and packaged food industry, further strengt
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mg
News & updatesĀ ā¢Ā 2m
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