ReferIndia News Innovist Founders, Investors to Pocket Over ₹2,500 Cr in L'Oreal Deal

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Innovist Founders, Investors to Pocket Over ₹2,500 Cr in L'Oreal Deal

Published on: June 19, 2026, 5:34 p.m. | Source: Outlook Business

L’Oreal’s ₹4,000–4,100 crore acquisition of Innovist creates over ₹2,500 crore in gains for founders and early investors, including Sauce VC, 72 Ventures, Amazon and ICICI Venture, marking one of India’s biggest consumer startup wealth creation events and highlighting the growing appeal of digital-first brands.

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