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Emami to buy 60 percent stake in Vedix and SkinKraft parent for Rs 321 crore

Business
Published on 7 May 2026
Emami to buy 60 percent stake in Vedix and SkinKraft parent for Rs 321 crore

The deal starts small but Emami targets full control

Kolkata-based Emami is set to acquire a 60% stake in IncNut Digital, the company behind beauty brands Vedix and SkinKraft, in a deal valued at Rs 321 crore. Emami plans to purchase the remaining stake over the next four and a half years, signaling a long-term push into the fast-growing skincare and wellness segment.

  • Emami will buy a 60% stake in IncNut Digital
  • The initial transaction is valued at Rs 321 crore
  • Vedix and SkinKraft are powered by IncNut Digital
  • Full ownership is planned over about four and a half years
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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