Beauty Acquisition

1 article

A stylized image showing a bottle of Deepika Padukone's 82°E skincare product being integrated into a Nykaa branded shopping bag, symbolizing the potential acquisition and market expansion.

Nykaa in Talks to Acquire Major Stake in Deepika Padukone's 82°E

Beauty retail giant Nykaa is in talks to acquire a major stake in Deepika Padukone's skincare brand 82°E, a development confirmed after reports of the celebrity brand's significant financial downturn. This potential acquisition could provide a crucial lifeline for 82°E and reshape India's competitive beauty landscape.

Sofia Mendes·April 6, 2026