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Stake sale · Commerce & Consumer Brands

Nykaa in talks to acquire a stake in skincare brand 82°E

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Nykaa logo
Date
Company
Nykaa
What it does
Online beauty and cosmetics marketplace
Kind
Stake sale
Based in
Mumbai
Founded
2012
Sector
Commerce & Consumer Brands

What they do

FSN E-Commerce Ventures Limited, the parent entity of beauty retailer Nykaa, is currently holding discussions to acquire a stake in skincare brand 82°E

What happened

The company clarified in an exchange filing that no binding agreement has been finalised yet as it evaluates expansion opportunities

Why it matters

The potential acquisition aligns with a broader industry trend where established beauty players consolidate direct-to-consumer labels to strengthen their…

The details

  • Parent entity FSN E-Commerce Ventures Limited stated that talks are underway to secure an equity share in the skincare line 82°E created by celebrity Deepika Padukone.

The bigger picture

  • The potential transaction reflects a wider consolidation wave in the direct-to-consumer market involving major industry players acquiring up-and-coming brands.

About the business

  • Nykaa operates as an online marketplace offering a wide range of cosmetics, skincare, haircare, and personal care products in India.
  • The platform retails numerous domestic and international brands alongside its own in-house label portfolio.
  • Revenue is generated primarily through retail sales of beauty and wellness merchandise via digital channels and physical retail stores.

The deal

Type
stake-sale

Founders

  • Falguni Nayar, Founder
  • Adwaita Nayar, Founder
  • Anchit Nayar, Founder

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