Acquisition · Commerce & Consumer Brands

Nykaa acquires 51% stake in Aminu for ₹32 crore

By Startup Enthusiast · 4 August 2026

What they do

Aminu retails premium skincare products like serums, cleansers and sunscreens

Nykaa's board approved buying a 51% stake in Aminu for up to ₹32 crore cash

Aminu has over 60 SKUs and over 30 proprietary formulations

Nykaa's board approved the acquisition of a 51% stake in Aminu for up to ₹32 crore in cash.
The transaction is expected to be completed by 15 September 2026.
Nykaa plans to acquire the remaining 49% stake over the next few years.
Aminu features over 250 total ingredients across its product portfolio.
Nykaa will add Aminu to its House of Nykaa portfolio.
House of Nykaa currently houses 7 beauty and personal care brands and 5 fashion brands.
Nykaa previously acquired Dot & Key and Earth Rhythm.

Nykaa is expanding its House of Brands into premium skincare and derma-led products.
Aminu is a bootstrapped and profitable brand with strong revenue growth of about 50% YoY in FY26.
Nykaa currently houses 7 BPC and 5 fashion brands.

Aminu retails premium skincare products including serums, cleansers, sunscreens, masks, moisturisers, body care, oils, ritual sets, travel essentials, and makeup allies.
The brand offers free skin consultation services and a skin quiz on its website.
Aminu has over 60 SKUs and over 30 proprietary formulations.
It sources ingredients from over 40 countries and features over 250 total ingredients.
Aminu claims to use only clean, skin-friendly ingredients and has eliminated almost 3,000 popular ingredients.
Products are sold on its own website, Nykaa, Clinikally, Amazon, and Zepto.
Aminu is available at 180 salons across India and supplies professional products to Bodycraft, Jean Claude Biguine, Truefitt & Hill, and Kaya Clinic.
The brand has trained thousands of therapists and beauty professionals.
Popular products include Copper Peptide Serum and Rejuvenate Eye Serum, the latter being among the bestselling eye serums on Nykaa.

Nykaa plans to scale its House of Brands in premium fragrances, mid-premium nutraceuticals, derma-led skincare, and professional make-up artist products.