Key Takeaways: OZiva became a wholly owned subsidiary of Hindustan Unilever Limited (HUL). HUL acquired the remaining 49% from founders and investors in a $66.6 million transaction. The deal expand's HUL's presence in the high-growth DTC health and wellness space in India.Hindustan Unilever Limited (HUL) will acquire the remaining 49% stake in OZiva based on pre-agreed valuation criteria determined when they made a majority investment.WHO: OZiva was founded in 2016 by Aarti Gill and Mihir Gadani as a plant-based, clean-label consumer wellness brand focused on niche spaces such as lifestyle protein, hair & beauty supplements, and women’s health. Its formulas combine modern science with Ayurvedic herbs to enable holistic living. Launched as a digital-first brand with an omnichannel approach, its products are available on its DTC website, digital marketplaces, and growing offline presence. The company has a strong in-house R&D team comprising of PhDs, phytochemists, and biotechnologists.Headquartered in Mumbai, Hindustan Unilever Limited is India’s largest FMCG company and a subsidiary of Anglo-Dutch firm Unilever. Founded in 1933, it dominates Indian household staples across home care, beauty, personal care, and foods. Major brands include Dove, Lux, Lifebuoy, Surf Excel, Brooke Bond, and Horlicks, with products used by over 700 million Indian consumers.WHY: OZiva has delivered a strong performance following HUL’s majority investment, scaling to approximately Rs 480 crore ($38.