Hindustan Unilever Limited (HUL), a fast-moving consumer goods company, has acquired the homegrown skincare brand Minimalist at a pre-money valuation of Rs 2,955 crore (nearly $350 million). The board ...

Top FMCG player Hindustan Unilever Limited (HUL) will be acquiring 90.5% stake in premium beauty brand Minimalist at a pre-money enterprise value of Rs 2,955 crore. The balance 9.5% will be ...

Hindustan Unilever acquired a 90.5% stake in D2C beauty brand Minimalist, valuing it at Rs 2955 crore. The transaction will complete by June. Minimalist, founded in 2018, saw an 86% revenue jump in ...

The acquisition of Minimalist is a significant step in capturing the growing demand for niche, premium beauty brands. India’s beauty market is becoming increasingly competitive, with focused brands ...

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If talks of HUL’s Rs 3,000-crore acquisition of Minimalist materialise, the startup will gain access to HUL’s extensive offline distribution networks, allowing it to expand its presence in ...