L’Oréal India in Talks to Acquire Majority Stake in Innovist
THE WHAT? L’Oréal India is in advanced talks to acquire a majority stake in Indian beauty startup Innovist. THE DETAILS The potential deal is valued at around ₹4,000 crore (approximately US$350–US$450 million) and would give L’Oréal India control of Innovist, the parent company of digital-first brands including Bare Anatomy, Chemist at Play, Sunscoop and Vinci…
