FSN E-Commerce Ventures (Nykaa) has acquired majority stake of 51% in Aminu Wellness (Aminu), a premium dermocosmetic skincare brand. The acquisition strengthens Nykaa’s House of Nykaa portfolio and expands its presence in premium, science-backed skincare.
The acquisition marks a strategic step in building House of Nykaa, a portfolio of beauty brands shaping the future of Indian beauty across categories, consumer cohorts and price points. Together, Nykaa and Aminu are well placed to unlock the brand’s next phase of growth by combining Aminu’s research and product innovation capabilities with Nykaa’s consumer insights, omnichannel reach, brand-building expertise and technology platform. The partnership is expected to accelerate Aminu’s xpansion while reinforcing Nykaa’s leadership in the fast-growing premium skincare segment.
Post the acquisition, the founders of Aminu will continue to run the business and drive its growth trajectory in partnership with Nykaa. The company will acquire the remaining stake over the next few years on pre-agreed terms.
FSN E-Commerce Ventures is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers.
| Company Name | CMP |
|---|---|
| Eternal | 317.00 |
| FSN E-Comm. Ventur. | 335.70 |
| Meesho | 186.05 |
| Swiggy | 288.00 |
| Brainbees Solutions | 213.70 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
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: