Nykaa in talks to acquire stake in Deepika Padukone's 82°E
after close1 source ↓written by the desknot a recommendation
- Padukone's skincare brand
- 82°E
Nykaa, owned by FSN E-Commerce Ventures, is negotiating to acquire a majority stake in Deepika Padukone's skincare brand 82°E. This move aims to enhance its House of Nykaa portfolio amid rising competition. Nykaa's existing partnership with Padukone as a global brand ambassador may bolster the brand's visibility and sales.
Not investment advice. For informational purposes only.