ReferIndia News L’Oreal to acquire majority stake in Innovist to expand presence in India’s booming beauty market

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L’Oreal to acquire majority stake in Innovist to expand presence in India’s booming beauty market

Published on: June 18, 2026, 2:38 p.m. | Source: The Financial Express

French beauty giant L'Oréal has agreed to acquire a majority stake in Indian personal care startup Innovist, strengthening its position in India's fast-growing beauty and skincare market. The deal will bring brands such as Bare Anatomy and Chemist at Play into L'Oréal's portfolio, subject to regulatory approvals.

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