Acquisition
Nykaa confirms talks to buy 82°E
By Startup Enthusiast ·
- Date
- Company
- Nykaa
- What it does
- Nykaa, beauty retailer
- Kind
- Acquisition
- Stage
- Talks
- Based in
- Mumbai
- Founded
- 2012
What they do
Nykaa told the stock exchange it is negotiating to buy a majority stake in actress Deepika Padukone's skincare brand 82°E
What happened
The company gave no deal size or timeline and said it will disclose more when required by law
Why it matters
The brand's owners did not reply to media questions when the filing came out in April 2026
The details
- Nykaa is in talks for a majority stake in 82°E.
- The company said it studies growth options on an ongoing basis.
- No price was named.
- The statement was a reply to market questions.
More on Nykaa
- Nykaa Fashion launches zero-commission brand accelerator1 October 2026 · Launch
- Nykaa and L’Oréal’s BOLD partner to back Indian beauty startups24 September 2026 · Partnership
- Nykaa posts strong Q1 and FY26 results13 September 2026 · Results
- Nykaa outlines long-term growth targets for fiscal 203012 September 2026 · Milestone
- Nykaa hosts third annual Best in Beauty awards8 August 2026 · Award
- Nykaa Q1 FY27 profit triples to Rs 80 crore4 August 2026 · Results
- Nykaa acquires 51% stake in Aminu for ₹32 crore4 August 2026 · Acquisition · ₹32 Cr
- Nykaa hires ex-Instamart executive for quick delivery28 July 2026 · People
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