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
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
The insane $7 trillion empire of Unilever Ltd
The story starts with "Lever brothers" in 1885, England
In their initial days Lever brothers manufactured a Soap named "Sunlight" which quickly grew in popularity in England and it's neighbouring countr
quick math on minimalist outcome:
- raised $2M seed from peak (assuming 20 - 25% dilution)
- raised $15M series a from peak + unilever ventures at a $76M val.
- in talks to be acquired by HUL for $350M
- founders to make $217M
- seed investors get $6
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 t
🌟 Exploring Hindustan Unilever Limited (HUL): A Giant in FMCG 🌟
Hindustan Unilever Limited (HUL) has been a cornerstone of India's fast-moving consumer goods (FMCG) sector since 1933. With a vast portfolio spanning foods, beverages, cleaning agent