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Hindustan Unilever Ltd acquires a 90.5% stake in premium beauty brand Minimalist for Rs 2,715 crore ... "We do think that there is space for all forms of business creation and many of the startup ...

FMCG major Hindustan Unilever Ltd has acquired 90.5 per cent stake in skincare startup Minimalist for Rs 2,955 crore ... to demerge HUL’s ice cream business into KWIL. As part of the scheme, one ...

Founders of Minimalist. The company’s ice cream business will be demerged into Kwality Wall’s (India) Limited. “The Board of Directors approved a scheme of arrangement, between HUL and its ...

Founded in 2020 by Mohit Yadav and Rahul Yadav, skincare brand Minimalist is one of the fastest-growing digital-first brands that sits at the intersection of beauty and actives-led science, HUL added ...

The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ... "We do think that there is space for all forms of business creation and many of the startup ...

HUL's Minimalist buy indicates company's focus ... Yadav has an annual revenue run rate of over Rs 500 crore and the business has been profitable since inception. HUL also plans to will acquire ...

The Minimalist team, led by Mohit and Rahul, will continue to run the business for a period of two years, as per the investor presentation. HUL and Minimalist team will partner to unlock value through ...

India's leading FMCG giant Hindustan Unilever (HUL) has announced the acquisition of a 90.5% stake in Jaipur-based direct-to-consumer (D2C) beauty brand Minimalist. The deal values the company at ...