M&A

M&A

Wipro Consumer acquires 60% stake in skin care brand Dermatouch for Rs.387.5 Cr

Economic Times  

Bengaluru-based Wipro Consumer Care and Lighting has acquired a 60% stake in the Ahmedabad-based skin care brand Dermatouch for INR 387.5 crore. The firm will acquire the remaining 40% stake over the next three years. The founders and the management team will continue to operate the brand during the three-year transition period.Founded by Anish Nagpal and Amit Purswani, Dermatouch provides dermatology-backed skin care solutions. The brand’s product portfolio includes face washes, soaps, serums, and creams designed to address concerns such as pigmentation, acne, and sun protection. In fiscal year 2026, the company reported a revenue of INR 131 crore, representing a 114% increase compared to the previous year.