6 days ago
Nykaa to acquire balance 40% stake in Nudge Wellness for Rs 15 lakh
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Beauty and fashion brand Nykaa is set to acquire the remaining 40% stake in nutrition brand Nudge Wellness , the platform announced during its April to June quarter 2022, Nykaa had acquired a 60% stake in Nudge Wellness for Rs 3.6 crore. The platform will acquire the remaining 40% stake in the company for Rs 15 move, cleared at a board meeting on August 12, 2025, will give Nykaa full ownership of Nudge Wellness.'The Board of Directors at their meeting held on August 12, 2025, has approved acquisition of the remaining 40% stake in Nudge Wellness Private Limited ("Nudge"), a subsidiary, for a consideration of Rs 0.15 crore,' the platform said in a E-Commerce, parent company of Nykaa, reported a consolidated net profit of Rs 24 crore in Q1, which was up 79% compared to Rs 14 crore reported in the year ago platform's revenue from operations in the quarter under review grew 23% to Rs 2,155 crore versus Rs 1,746 crore reported last year.
