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VCGuy

Believe me, it’s not... • 2m

Peak XV will likely make a 11x return from Unilever's acquisition of Minimalist for ₹2,955 Cr. They hold a 27.43% stake in Minimalist, valued at ₹ 810 Cr. Starting with a ₹14.25 crore seed cheque in 2019, followed by a ₹60 crore infusion during the Series A round in 2021. ⏭️Stellar return for a 5-year, 4-month investment.

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𝗛𝗨𝗟 𝗮𝗰𝗾𝘂𝗶𝗿𝗲𝗱 𝗮 𝟵𝟬.𝟱% 𝘀𝘁𝗮𝗸𝗲 𝗶𝗻 𝗠𝗶𝗻𝗶𝗺𝗮𝗹𝗶𝘀𝘁 !! Hindustan Unilever Limited (HUL) has acquired a 90.5% stake in Minimalist for ₹2,955 crore, with plans to purchase the remaining 9.5% within two years. Minimalist, founded

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