Acquisition · Commerce & Consumer Brands
Wipro Consumer Care acquires majority stake in Dermatouch
By Startup Enthusiast ·
- Date
- Company
- Dermatouch
- What it does
- Science-backed pharmacy skincare brand
- Kind
- Acquisition
- Amount
- ₹387.5 Cr
- Based in
- Bengaluru
What they do
Dermatouch offers science-backed pharmacy skincare solutions addressing concerns like pigmentation, acne, and sun protection through its online and offline…
What happened
Wipro Consumer Care acquired a 60 percent stake in the skincare brand at an enterprise value of 387.5 crore rupees
Why it matters
The acquisition marks Wipro's first entry into digital-first consumer brands as it looks to scale its presence in the premium skincare market
The details
- Wipro Consumer Care & Lighting announced the acquisition of a 60% stake in skincare brand Dermatouch at an enterprise value of ₹387.5 Cr.
- The remaining 40% stake will be acquired by the buyer over the next 3 years.
- Founders Anish Nagpal and Amit Purswani alongside the current management team will continue running operations during this period.
- This transaction marks the 18th global acquisition for Wipro Consumer Care and its third strategic purchase of the year.
- The brand reported revenues of ₹131 Cr (~US$ 13.6 Mn) in FY 26, reflecting a 114% growth over the previous financial year.
- Monthly product sales have grown from approximately 60,000 units two years ago to over 60,000 units every day.
The bigger picture
- This transaction signifies the acquiring corporation's inaugural venture into internet-native labels while entering the lucrative domestic luxury cosmetics sector.
About the business
- Dermatouch sells science-backed pharmacy skincare and hair care products formulated for Indian skin types.
- The product lineup includes face washes, soaps, serums, creams, moisturisers, sunscreens, body lotions, and lip balms.
- Products target specific concerns such as hyperpigmentation, dark spots, acne, tanning, and barrier repair using active ingredients.
- Items are priced starting from ₹149, catering to budget-conscious consumers seeking dermatologist-recommended formulations.
- Sales happen through the company's proprietary web shop, external e-commerce web stores, and a growing physical retail footprint.
What happens next
- The founders and current management team will continue to run the business during a transitional multi-year period.
- The parent company plans to combine the brand's innovation approach with its own distribution and R&D capabilities for global expansion.
The deal
- Type
- acquisition
Investors
- Wipro Consumer Care & Lighting (buyer) — A global consumer goods company scaling personal care brands across international markets.
Founders
- Anish Nagpal, Co-founder
- Amit Purswani, Co-founder
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