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Acquisition · Commerce & Consumer Brands

Wipro Consumer Care acquires majority stake in Dermatouch

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Date
Company
Dermatouch
What it does
Science-backed pharmacy skincare brand
Kind
Acquisition
Amount
₹387.5 Cr
Based in
Bengaluru
Sector
Commerce & Consumer Brands

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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