Nykaa to buy 51% of premium skincare brand Aminu for ₹32 crore
Nykaa will acquire a majority stake in Mumbai-based Aminu through an all-cash deal, adding the premium skincare label to its beauty portfolio. Aminu reported FY26 revenue of ₹19.5 crore, up from ₹13 crore a year earlier.
Nykaa will acquire a 51% stake in Mumbai skincare brand Aminu for Rs 32 crore, strengthening its premium beauty portfolio. Aminu reported FY26 revenue of Rs 19.5 crore, while Nykaa’s beauty business and parent FSN E-Commerce posted 29% year-on-year growth.
Why this matters
The Aminu deal extends Nykaa's beauty portfolio after its Q1FY27 profit surged as beauty, fashion and own brands accelerated, while analysts remained cautious on its earnings outlook.
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