Believe me, it’s not... • 5m
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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Faad Network • 4m
How did two boys from Jaipur sell their company to HUL for 3200 CR? ➡️ October 2020—Mohit 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.
See MoreI'm just a normal gu... • 2m
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
See MoreI'm just a normal gu... • 1m
B2B ecommerce company IndiaMART InterMESH Limited has completed the buyout of SaaS startup Livekeeping Technologies through a secondary deal worth INR 26.78 Cr ($3.1 Mn). It must be noted that IndiaMART initially acquired a majority 51.09% stake in
See MorePassionate about Pos... • 5m
Hindustan Unilever Limited is in talks to acquire Minimalist, a Jaipur skincare brand, for ₹3,000 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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