Startup Atlas · Beauty & Personal Care

Minimalist Acquired

Uprising Science Private Limited Jaipur, Rajasthan Founded 2020 beminimalist.co ↗

Jaipur-based 'transparent beauty' D2C skincare, haircare, and body-care brand founded in 2020 by brothers Mohit and Rahul Yadav, offering actives-led, science-backed formulations sold via its own website and marketplaces like Amazon, Nykaa, Flipkart and Myntra. Acquired by Hindustan Unilever in a ₹2,955 crore deal announced January 2025 and completed April 2025.

Mohit Yadav Rahul Yadav
$17 MnTotal funding (tracked)
2Funding rounds
29 Jul 2021Last round

Minimalist: Funding Rounds

Date Round Amount Investors Source
29 Jul 2021 Series A $15 Mn Sequoia Capital India Twenty Nine Capital Partners Unilever Ventures source
2020 ~ Angel $2 Mn Sequoia Capital India source

Acquisitions

DateAcquirerAcquiredAmountSource
22 Jan 2025 Hindustan Unilever Limited Minimalist ₹2,955 Cr source

Recent Signals

  • 22 Apr 2025 · ma-strategic
    HUL completes acquisition of 90.5% stake in Minimalist for ₹2,706.44 Cr source
  • 22 Jan 2025 · ma-strategic
    HUL CEO Rohit Jawa: Minimalist deal grows Beauty & Wellbeing portfolio in "masstige" segment source

News on Minimalist

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FAQs on Minimalist

Who founded Minimalist?

Minimalist was founded by Mohit Yadav, Rahul Yadav in 2020.

How much funding has Minimalist raised?

Minimalist has raised $17 Mn across 2 tracked funding round(s), most recently on 2021-07-29. Figures are compiled from cited public sources.

Who are the investors in Minimalist?

Investors in Minimalist include Sequoia Capital India, Twenty Nine Capital Partners, Unilever Ventures.

What does Minimalist do?

Jaipur-based 'transparent beauty' D2C skincare, haircare, and body-care brand founded in 2020 by brothers Mohit and Rahul Yadav, offering actives-led, science-backed formulations sold via its own website and marketplaces like Amazon, Nykaa, Flipkart and Myntra. Acquired by Hindustan Unilever in a ₹2,955 crore deal announced…

Where is Minimalist headquartered?

Minimalist is headquartered in Jaipur, Rajasthan, India.

What is Minimalist's business model?

Minimalist's core value proposition centers on Actives-led, science-backed skincare, Full ingredient transparency.

How does Minimalist make money?

Minimalist's cited revenue streams include Direct product sales (skincare, haircare, bodycare).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: techcrunch.com · Last verified 7 Sep 2026. · Report a correction