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INNOVIST REVENUE
New-age beauty brands enjoy revenue glow-upNew-age beauty and personal care brands in India demonstrated impressive revenue growth in fiscal year 2026. Companies like Foxtale and Inn...
D2C skincare brand Foxtale’s revenue doubles to Rs 383 crore in FY26Founded in 2021 by Romita Mazumdar, Foxtale is a beauty and skincare brand that sells moisturisers, sunscreens, serums, cleansers and more ...
Innovist revenue nearly tripled to Rs 686 crore in FY26 ahead of L’Oreal dealL’Oreal announced in June that it would acquire a majority stake in Innovist, the parent of brands such as Bare Anatomy, Chemist at Play an...
ETSA 2026: Consumer brands poised for bigger exits as strategic acquisitions pick up: Sauce’s Manu ChandraChandra has been selected for the Midas Touch honour for best investor at The ET Startup Awards 2026, with the jury recognising his track r...
Sauce's Manu Chandra on consumer exits; Physical AI's regulation pushSauce's Manu Chandra said he expects larger exits for investors of India's new-age consumer brands. This and more in today’s ETtech Morning...
The Economic Times Startup Awards 2026: And the big winners are…Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times St...
Stable policy push for ISM 2.0; Wipro misses Q1 estimatesHappy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning ...
Contract manufacturer Naturis Cosmetics raises Rs 100 crore led by Sharrp VenturesNaturis Cosmetics said it will use the fresh capital to expand its footprint by setting up a manufacturing facility in Vapi, an experience ...
PE firm Ananta Capital buys majority stake in D2C deodorant brand PhitkuThe deal, which gave a partial exit to the company's three cofounders, is for Rs 100 crore, and values the company at Rs 200 crore, people ...
Honasa Consumer to acquire majority stake in Fluence Pharma at Rs 135-crore valuationHonasa Consumer has secured a majority stake in Mumbai's hair therapy brand Fluence Pharma for Rs 135 crore. This move marks the company's ...
L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinksL’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.
L’Oréal buys control of Innovist as India beauty battle intensifiesL'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly exp...
Nykaa confirms acquisition talks with Deepika Padukone’s 82°ENykaa is reportedly in talks to acquire a stake in Deepika Padukone's skincare brand, 82°E. Despite initial struggles with pricing and posi...
L'Oreal in talks for majority stake in Innovist; deal pegged at Rs 4,000 crThe move indicates a shift among global beauty firms toward acquiring fast-growing digital-first brands to stay relevant with younger consu...
Private equity finds beauty in Purplle Cosmetics' minority stake: Deal could value platform at $1.5 billionLeading private equity firms are in discussions to invest in Purplle Cosmetics. The beauty platform is expected to be valued at around ₹13,...
Mamaearth’s parent Honasa Consumer realigns focus amid rising competitionThis focussed approach will help it better allocate R&D resources and marketing investments towards various categories within the beauty an...
Startups rethink IPOs; US visa dilemma for studentsHappy Tuesday! The global market rout may push Indian startups to reconsider IPO plans. This and more in today’s ETtech Morning Dispatch.
Bare Anatomy parent Innovist raises Rs 136 crore from ICICI Venture, othersInnovist, parent of Bare Anatomy and Chemist at Play, raised Rs 136 crore led by ICICI Venture, with support from Mirabilis, Niveshaay, and...
BharatPe interim CEO details bounce back plans; Hinduja Tech plans minority stake saleIn his first media interview since the Ashneer Grover saga unfolded, BharatPe interim chief executive Nalin Negi details the company’s prof...