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HUL will buy skin care startup Minimalist: Deal can be done for ₹ 3,000 crore, Minimalist’s profit in FY 2024 was ₹ 11 crore.

Mumbai30 minutes ago copy link FMCG major Hindustan Unilever Limited (HUL) may soon buy Jaipur based skin care startup Minimalist. According to media reports, this deal will be for Rs 3,000 crore. Peak XV Partners is the promoter of Minimalist. After this deal, the valuation of Minimalist will increase from Rs 630 crore ($75 million)…

Hindustan Unilever In Talks To Acquire Minimalist For Rs 3,000 Crore: Report – News18

DainikNews Live Admin1 year ago03 mins

Last Updated:January 03, 2025, 6:02 PM IST HUL is discussing a deal with Minimalist around three years after the company raised Rs 110 crore ($15 million) from Unilever Ventures, the venture investing arm of Unilever. HUL says it will make appropriate disclosures whenever there is any material development that requires disclosure under applicable laws. FMCG…