Happy Friday! Personal care giant LOreal has acquired a majority stake in Innovist in Indias biggest D2C deal. This and more in todays ETtech Morning Dispatch.

L'Oreal plans to acquire a majority stake in India's Innovist, pending regulatory approvals, expected to close soon.

L'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly expanding personal care market. Innovist,…

Valores da transação não foram divulgados pelas empresas

This is L’Oreal’s first purchase of an Indian company in nearly 13 years