Acquisition History / Hindustan Unilever Ltd / Uprising Science Private Limited (Minimalist) (90.5%)
Hindustan Unilever Ltd Acquires Uprising Science Private Limited (Minimalist) (90.5%)
Announced January 22, 2025 — $333.9M
What happened
Uprising Science operates the Minimalist skincare and beauty brand. Hindustan Unilever agreed to acquire a 90.5% stake from the founders and investors at a pre-money enterprise valuation of INR 2,955 crore plus a primary infusion of INR 45 crore, with the balance to be acquired within two years.
- Acquirer
- Hindustan Unilever Ltd
- Target
- Uprising Science Private Limited (Minimalist) (90.5%)
- Announced
- January 22, 2025
- Price
- $333.9M
- Industry
- Skincare / beauty D2C brand
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Hindustan Unilever Ltd acquire Uprising Science Private Limited (Minimalist) (90.5%)?
Hindustan Unilever Ltd acquired Uprising Science Private Limited (Minimalist) (90.5%) on January 22, 2025. This was Hindustan Unilever Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Hindustan Unilever Ltd pay for Uprising Science Private Limited (Minimalist) (90.5%)?
Hindustan Unilever Ltd paid $333.9M for Uprising Science Private Limited (Minimalist) (90.5%).
What does Uprising Science Private Limited (Minimalist) (90.5%) do?
Uprising Science operates the Minimalist skincare and beauty brand. Hindustan Unilever agreed to acquire a 90.5% stake from the founders and investors at a pre-money enterprise valuation of INR 2,955 crore plus a primary infusion of INR 45 crore, with the balance to be acquired within two years.
What other Skincare / beauty D2C brand companies has Hindustan Unilever Ltd acquired?
Uprising Science Private Limited (Minimalist) (90.5%) is Hindustan Unilever Ltd's only publicly tracked acquisition in Skincare / beauty D2C brand so far.