Hindustan Unilever Set to Acquire Minimalist – According to reports Hindustan Unilever will acquire Minimalist skincare startup deal for around ₹3000 crores 3 years ago minimalist skincare was valued at ₹110 crores and after this year they have set a new valuation of 3000 crores and we can see HUL will start its documentation and will acquire the startup.
We can see Minimalist a skincare brand has generated revenue for the financial year 2024 of 350 crores and in the previous year 2003 they made a revenue of 184 crore, here on your the startup is generating a good amount of revenue almost you can say 89% they have increase their sales this makes an attractive deal for Hindustan Unilever Limited ( HUL )
As we know HUL is a multinational company and they have a good amount of funds to scale the business if they have a good amount of funding then the brand will give a good amount of return if they acquire this deal, Hindustan Unilever has a wide range of FMCG products and with the skin care products, they can add minimalist to their catalog so that it can give a good amount of revenue.
Minimalist a startup gives skin care products at a reasonable price to the customer and so we have seen their growth in the past few years as a skincare brand they deal with the d2c directly to consumers if the deal cracks then HUL can use the data and scale of the production for mass consumers order is number price and this can generate a good amount of revenue and soon they can go to a break-even point.
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