Business Categories Reports Podcasts Events Awards Webinars
Contact My Account About
Member Exclusive

Emami to Buy 60% Stake in SkinKraft and Vedix

Published May 11, 2026
Published May 11, 2026
SkinKraft

Key Takeaways:IncNut operates personalized beauty and personal care brands Vedix and SkinKraft.The acquisition gives Emami majority control of the DTC beauty company, with plans to acquire the remaining 40% stake.Emami said the acquisition strengthens its presence in the fast-growing personalized beauty and personal care category.Emami to acquire a 60% stake in IncNut Digital, the parent company of SkinKraft and Vedix, for Rs 321 crore ($38 million).WHO: Founded in 2011, IncNut Digital is a media and commerce company that operates customized D2C beauty and personal care brands Vedix and SkinKraft. Vedix integrates Ayurvedic principles with modern data analytics to create personalized formulations based on individual prakriti and lifestyle parameters, while SkinKraft follows a dermatology-led approach, using clinically validated ingredients to address specific skin and hair concerns through customized solutions.Emami Limited is a major Indian multinational FMCG company headquartered in Kolkata, specializing in personal and healthcare products, with iconic brands such as BoroPlus, Navratna, Zandu, and Kesh King.WHY: The deal reflects growing consumer demand in India for customized, science-led, and data-driven beauty while supporting Emami’s strategy to expand beyond traditional FMCG categories.IN THEIR OWN WORDS: Emami Vice-Chairman and Managing Director Harsha Vardhan Agarwal said, “While the broader BPC market continues to expand, meaningful differentiation remains limited, with only a few players offering deeply personalized, outcome-driven solutions.

×

2 Article(s) Remaining

Subscribe today for full access