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Acquired at 40% discount, Ustraa says its valuation can increase 6X in 3 years - Vimarsana News

Acquired at 40% discount, Ustraa says its valuation can increase 6X in 3 years

Published: June 15, 2023

Ustraa’s Rs 250 crore deal with VLCC also took some by surprise because The Good Glamm Group had put around Rs 490 crore on the table to acquire Ustraa last year, sources told Moneycontrol. The deal did not materialise because of internal reasons, they added.

Source: moneycontrol.com
Related Topics:
India GeneralVikas GuptaRahul AnandRajat TuliMan CompanyGood Glamm GroupHappily UnmarriedDraft Red Herring ProspectusNew Delhi BasedHindustan UnileverNykaa SuperstoreStraa AcquisitionStraa FoundersRahul AnandRajat TuliVlcc IpoHappily UnmarriedM A
VLCC to acquire men's grooming brand Ustraa via a mix of cash and share swap - Vimarsana News

VLCC to acquire men's grooming brand Ustraa via a mix of cash and share swap

Published: June 9, 2023

Ustraa's founders Rahul Anand and Rajat Tuli will continue to work with the company and will now head VLCC's direct to consumer play.

Source: businesstoday.in
Related Topics:
Vikas GuptaRahul AnandSanjeev BikhchandandiRajat TuliVarun AlaghRahul SethiInfo EdgeWipro Consumer Care VenturesLcc AcquisitionLcc DealStraa FoundersLcc Founders