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Announced

Completed

Nykaa Fashion completed the acquisition of Pipa Bella.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

Luxury Items

Completed

Friendly

Acquisition

Single Bidder

Private

Majority

jewelery

Domestic

Synopsis

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Nykaa Fashion, the e-commerce platform of India’s largest online cosmetics retailer, completed the acquisition of Pipa Bella, a revolutionary digital fashion brand. Financial terms were not disclosed. "We have seen a rising trend of personalised minimalistic and premium fashion accessories in the Indian market. Our aim is to extend the brand’s core signature design to a much larger landscape by becoming a full range accessories label," Adwaita Nayar, Nykaa Fashion CEO.

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