FSN E-Commerce Ventures (Nykaa) has received approval to enter into Share Subscription and Shareholder's Agreement and Share Purchase Agreement to acquire by way of subscription and/or purchase of Equity shares, initially up to 60% (with a right to go up to 100%) of the fully diluted share capital of Nudge Wellness. The cost of acquisition is Rs 3.60 crore and the transaction is expected to be completed by June 30, 2022.
The investment will mark company's entry into owned brand of dietary supplement and other nutricosmetics products. This will address the growing demand in high-potential category of edible beauty in India.
FSN E-Commerce Ventures (Nykaa) is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by it.
| Company Name | CMP |
|---|---|
| Eternal | 252.60 |
| Meesho | 163.65 |
| Swiggy | 277.60 |
| FSN E-Commerce | 269.65 |
| Brainbees Solutions | 252.40 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: