Economic TimesLean R·
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 crore
L'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, people familiar with the transaction told ET that the deal values the Gurugram-based startup at around Rs 4,100 crore.
Read at Economic Times →

