HUL acquires Minimalist for ₹2,955 crore, expanding its beauty portfolio with skincare products and AI-based solutions.
(HUL) shares are set to remain in the spotlight on Thursday, January 23, following the company's Q3 results. HUL reported a ...
ET first reported on January 3 that the deal was in the works. Founders Mohit and Rahul will continue to lead the business ...
The VC, which holds a 27.5% stake in the startup, will make INR 800 Cr on its investment of INR 80 Cr in the startup ...
In a historic move in India's direct-to-consumer (D2C) market, Hindustan Unilever Limited (HUL) paid ₹2,955 crore in pure ...
HUL will acquire the remaining 9.5 per cent stake from the founders within two years, as per terms outlined in the ...
HUL buys a 90.5% stake in beauty brand Minimalist, acquires Vishwatej Oil Industries’ palm undertaking in Telangana, and ...
The current Minimalist team led by Mohit and Rahul will continue to operate the business in collaboration with HUL.
As part of the scheme, one equity share of KWIL will be allotted for every one equity share held in HUL. After the demerger ...
Founded in 2020 by Mohit Yadav and Rahul Yadav, Minimalist is one of the fastest growing digital-first brands that sits at ...
India's leading FMCG giant Hindustan Unilever (HUL) has announced the acquisition of a 90.5% stake in Jaipur-based ...
The company announced that it had signed a definitive agreement to acquire the premium actives-led beauty brand Minimalist ...