NATIONAL

Deepika Padukone launches a new body care range under her self-care brand 82°E

Renowned Bollywood star Deepika Padukone adds another feather to her cap as she celebrates a successful year in entrepreneurship with 82°E, unveiling her latest venture: a Body Care range. This expansion includes four meticulously crafted products—body milk, body lotion, and two body cleansers—each infused with the brand’s innovative SYMBALANCE technology for a unique and advanced skincare experience.

Aligned with 82°E’s signature Cleanse-Hydrate-Protect philosophy, these offerings cater to diverse skin types, ensuring a healthy balance of good and bad bacteria essential for overall skin health. Deepika Padukone, taking to her Instagram, expressed her excitement about the launch, stating, “Introducing Body Care by 82°E! This collection embodies our brand’s philosophy—an extension of self-care.”

With a focus on promoting skin health, this Body Care range underscores Deepika’s commitment to holistic well-being, offering a nurturing skincare routine for those with Normal to Dry skin. It’s more than just products; it’s a testament to self-care and an invitation to embrace a healthier, radiant complexion with 82°E. expanding! Introducing Body Care by 82°E! For those of you who have Normal to Dry skin, this routine is for you. This collection is more than a product line; it’s an embodiment of our brand’s philosophy — an extension of self-care.”

Sugar Cosmetics Records Profit, Tops Rs 500 Crore Revenue in 2024

Sugar Cosmetics anticipates continued profitability throughout Q4 of FY-24, building on December’s robust performance. January’s strong demand suggests sustained positive sentiments both in-store and online. With FY-24 revenue surpassing Rs 500 crore, the brand aims for further growth. Currently in 50,000 outlets and nearly 200 stores, Sugar plans expansion to 60,000 stores and 200-250 owned stores. CEO’s strategy includes broadening distribution networks to reach more towns. Introducing Quench skincare, a collaboration with Kareena Kapoor, diversifies Sugar’s portfolio into the Rs 25,000 crore skincare market. An IPO listing is on the horizon within two to three years.

ColourPop Cosmetics swoops into India, in partnership with Nykaa

Exciting news for Indian beauty enthusiasts as ColourPop Cosmetics debuts in India via Nykaa. Founder Laura Nelson expresses enthusiasm for extending ColourPop’s mission of luxury beauty at budget-friendly prices globally. Nykaa Beauty’s Executive Director & CEO, Anchit Nayar, echoes excitement for the partnership, citing ColourPop’s trendsetting and accessible appeal as a perfect fit for Nykaa’s ethos. This collaboration promises to offer a diverse range of cruelty-free makeup products at affordable prices to cater to the Indian consumer base, marking a significant step in ColourPop’s global expansion journey.

IDUN Minerals From Sweden is Now in India

IDUN Minerals, hailing from Sweden, makes its Indian debut, championing purity, excellence, and sustainability. Renowned for its mineral-based makeup, the brand’s range is meticulously designed to enhance natural beauty while nurturing the skin. Launching in India with a comprehensive lineup of makeup, SPF, brushes, and skincare, IDUN Minerals prioritizes inclusivity with 22 foundation shades catering to diverse skin tones. CEO Caroline Thunstedt expresses excitement about entering the Indian market, emphasizing the brand’s commitment to clean beauty. Each product reflects IDUN Minerals’ dedication to clean formulations and high-quality results. Inspired by the serene beauty of Scandinavia, the packaging boasts a minimalist and elegant aesthetic, aligning with the brand’s belief in inner radiance. Join IDUN Minerals on a journey towards a conscious and beautiful future, embracing clean beauty and sustainable practices.

Lotus Herbals vs Lotus Splash & What Delhi High Court Ruled

Lotus Herbals Pvt Ltd claimed exclusive rights to the trademark ‘Lotus,’ alleging infringement by DPKA Universal Consumer Ventures Pvt Ltd, co-founded by Deepika Padukone. In response to Lotus Herbals’ notice to cease using ‘Lotus Splash,’ a legal battle ensued. However, the Delhi High Court, in Lotus Herbals vs Lotus Splash, ruled in favor of Padukone’s company, 82E.

Justice C. Hari Shankar dismissed Lotus Herbals’ claim, citing lack of merit in their case of passing off. The court noted stark differences in appearance and pricing between the products, concluding no likelihood of confusion. Rejecting the injunction application, Justice Shankar emphasized the absence of a prima facie case. This judgement underscores the importance of substantial similarities in trademarks and product lines to establish infringement claims effectively.

Mintree Bags INR 90 Lakh Funding in Shark Tank India

Mintree, a premium skincare startup led by Kanikka Dewanii, recently showcased its potential on Shark Tank India Season 3. Presently, available in over 3000 outlets nationwide, Mintree aims for global expansion, having penetrated 75% of India’s major cities. Their forthcoming venture includes a direct-to-consumer line of skincare and beauty products, with a vision to offer premium skincare globally.

During the show, Kanikka Dewanii valued her business at INR 90 crores, seeking INR 90 lakhs for 1% equity. BoAt founder Aman Gupta opted out due to valuation concerns. Anupam Mittal and Vineeta Singh proposed INR 90 lakhs for 3% equity, plus 2% royalty until 1.5X investment return. Peyush Bansal and Azhar Iqubal followed suit with a similar offer, joined later by Vineeta and Anupam. This dynamic showcase demonstrates Mintree’s potential for growth and its attractiveness to seasoned investors.