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HUL will secure 90.5 per cent of Uprising Science, the parent company of Minimalist, through a combination of secondary buyouts and primary infusion, with plans to acquire the remaining 9.5 per ...
The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a great example of making" Hindustan Unilever Ltd's portfolio future fit and it shows the ...
Hindustan Unilever Limited on Wednesday announced it has signed a definitive agreement to acquire the premium actives-led beauty brand Minimalist. According to the conglomerate, this marks another ...
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 ...
Based on its FY24 numbers, Minimalist has commanded a revenue multiple of about 10X, significantly higher than 4-6X that similar direct-to-consumer (D2C) startups get during similar deals ...
The business has scaled to cross an annual revenue runrate (ARR) of Rs 500 crore in 4 years. The Yadavs will continue to run the business for the next two years. Minimalist will join the portfolio ...
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