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Aman Gupta on why minimalist acquisition is a huge thing for D2C
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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. According to a regulatory
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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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