CosmicTaco

Hindustan Unilever Eyes $350M Acquisition of Minimalist

CosmicTaco · 2025-01-03T17:10:01.002824+05:30

- Hindustan Unilever is in advanced talks to acquire skincare startup Minimalist for up to $350 million, expanding its health and wellbeing portfolio in India. - This acquisition follows Unilever’s recent purchases of Oziva and Wellbeing Nutrition, enhancing its market presence with brands like Dove and Lakme. - Minimalist, backed by Peak XV, reported an 89% revenue surge to $40.8 million and profitability in the fiscal year ending March 2024. Source: [Techcrunch](https://techcrunch.com/2025/01/03/hindustan-unilever-minimalist-acquisition/)

Hindustan Unilever is in advanced talks to acquire skincare startup Minimalist for up to $350 million, expanding its health and wellbeing portfolio in India.
This acquisition follows Unilever’s recent purchases of Oziva and Wellbeing Nutrition, enhancing its market presence with brands like Dove and Lakme.
Minimalist, backed by Peak XV, reported an 89% revenue surge to $40.8 million and profitability in the fiscal year ending March 2024.

Source: Techcrunch