Skincare

Kedaara buys majority stake in Oliva Skin & Hair Clinic for $65 million

Oliva Skin & Hair Clinic, which is a medico-aesthetic dermatology services player, has said it has sold majority stake to Kedaara Capital for a consideration of USD 65 million (around Rs 530 crore). With its third investment in the single speciality healthcare segment, Kedaara aims to fuel Oliva's growth towards becoming a leading medico-aesthetic dermatology chain, a statement said. The transaction also provides an exit to InvAscent, which invested in the company in 2014, it said, without disclosing the details such how much was invested and for what stake. Nor the company disclosed what is the stake that Kedaara has picked up. Founded by Prashant Soma in 2009, Oliva has been supported by multiple rounds of funding from InvAscent-advised India Life Sciences Fund II. Oliva grew from a four-centre Hyderabad-based operation to a network of 23 centres across Bengaluru, Chennai, Pune, Kolkata, Kochi and Vizag now and offers a range of skin and hair treatments and products. Kedaara is

Rise of cosmetic dermatology space gets big pharma looking for buyouts

According to reports, Torrent Pharmaceuticals is set to sign a deal to acquire Curatio Healthcare, a maker of skincare products, for Rs 2100 crore.

Ahmedabad-based Zydus gets USFDA approval to market generic acne drug

A combination of Adapalene (a retinoid) and Benzoyl Peroxide (an antibiotic and skin-peeling agent), the gel is used to decrease the number and severity of acne pimples

Honasa buys majority stake in skincare co Dr Sheth's at Rs 28 cr valuation

The founder of Dr Sheth's will continue to lead the business and product innovation

Piramal Pharma ropes in Ajay Devgn for skin-care brand Tetmosol

Piramal Pharma on Monday said its consumer products division has roped in Bollywood actor Ajay Devgn for its flagship brand Tetmosol.

German skincare brand Sebamed cuts prices, to use sachets for Indian market

The brand usually caters to premium consumers in personal care and baby care and it is a recent entrant in India

Nykaa acquires majority stake in homegrown skincare brand Dot & Key

Nykaa has acquired a majority stake in homegrown skincare brand Dot & Key, the first direct-to-consumer (D2C) beauty brand acquired by the IPO-bound beauty and fashion e-commerce platform. This is the first D2C (direct-to-consumer) beauty brand acquired by Nykaa and following this investment by Nykaa, Dot & Key will join Nykaa's stable of owned brands, Nykaa said in a statement on Friday. While the company did not disclose the financial details, Nykaa's red herring prospectus (RHP) shows it purchased 3,35,000 equity shares from the existing shareholders of Dot & Key for about Rs 46.9 crore and further subscribed to 3,57,143 equity shares for a consideration of about Rs 50 crore. "On September 28, 2021, our company acquired 51 per cent of the outstanding equity shares of Dot & Key Wellness Private Ltd (Dot & Key) through the subscription and purchase of equity shares. "Following this investment, Dot & Key became one of our owned brands and this investment will ..

Skincare brand Minimalist raises Rs 110 crore through multiple investors

The round was led by Sequoia Capital India, with participation from Unilever Ventures, the venture capital arm of British multinational consumer goods company.

e'clat Superior Launches High Profile Men's Skincare Range

Normalising men's skincare with Innovation and Luxury

ChrysCapital invests $50 mn for minority stake in WOW Skin Science India

Founded in 2014 by brothers Manish and Karan Chowdhary, WOW Skin Science is one of India's fastest growing new-age beauty and personal care brands

In China men's skincare boom, start-ups & investors seek rich glow

Drawing on the huge reach of online retailers like Alibaba and JD.com, at least 10 new Chinese male skincare brands have been set up this year, said media reports

HUL names men's skincare brand as 'Glow and Handsome'; Emami objects

Emami has also hinted at taking legal action as it has already changed its men's fairness cream's name

Skincare tips for festive season: Four ways to get glowing, flawless skin

Follow some simple skincare tips to help you keep your skin radiant and flawless this festive season

A bizarre sunscreen booth is driving cocktail sales at hotel pools

SnappyScreen is a New York-based startup whose sunscreen-spraying booths promise mess-free, head-to-toe coverage in just 10 seconds