Minimalist

Jaipur, India Founded: 2018 • Age: 8 yrs Minicorn Acquired By HUL
Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns

About Minimalist

Minimalist is a Consumer company based in Jaipur (India) founded in 2018 by Valerie Nebe, Mohit Yadav, and Rahul Yadav, and was acquired by HUL in January 2025. Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns. It operates in the Consumer and Healthcare sectors. Minimalist has raised $17.02 million across 2 funding rounds from investors including HUL, Peak XV Partners and Unilever Ventures. The company has 489 employees. Minimalist was last valued at $75.88 million in July 2021. Its website beminimalist.co draws about 3 million monthly visits. Its Indian entity Uprising Science Private Limited reported revenue of β‚Ή595 Cr. Its focus areas include Consumer Goods, Beauty & Personal Care Products, Multi Category and Internet First Brand. Its competitors include Mamaearth, MyGlamm and WOW Skin Science; 3 of its 3 listed competitors have raised funding.

Company details

Minimalist was founded in 2018 in Jaipur, India, within the personal care sector. Products in skincare, haircare, and baby care are formulated and sold to target issues such as acne, pigmentation, dryness, UV damage, aging, hair fall, damaged hair, dandruff, and oily scalp. Baby care items including cleansers, lotions, massage oils, and healing ointments are also provided through the companys operations.

  • Headquarters Jaipur, India
  • Employees 489
  • Founders Valerie Nebe, Mohit Yadav, Rahul Yadav
  • Stage Acquired
  • Sectors
    Consumer
    Healthcare
  • Website category Lifestyle · Beauty and Cosmetics
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website beminimalist.co
  • Social LinkedIn Facebook
  • Acquired by HUL (Jan 2025)
  • Legal Name Uprising Science Private Limited
  • Date of Incorporation 03 May, 2018
  • Jurisdiction Jaipur, Rajasthan, India
Key Metrics
  • Annual Revenue
    ₹595 Cr

    FY 2026 · +37% YoY

  • Net Profit
    ₹25.86 Cr

    FY 2026 · 4% margin

  • EBITDA
    ₹47.34 Cr

    FY 2026 · 7% margin

  • Total Equity Funding
    $17.02M (USD)

    in 2 rounds

  • Latest Funding Round
    $15M (USD), Series A

    Jul 2021

  • Investors
    HUL

    & 2 more

  • Employee Count
    489
  • Acquired by
    HUL

    (Jan 2025)

Apps and channels of Minimalist

Minimalist publishes 1 mobile app with over 500K+ downloads.

Minimalist - Skincare
Google Play Shopping Everyone Free 500K+ downloads
Developer: BeMinimalist
View on Google Play

Funding Insights of Minimalist

Minimalist has successfully raised a total of $17.02M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $17.02M
  • Total Rounds 2
  • Last Round Series A β€” $15M
  • First Round $2.02M

    (Sep 2019)

  • Investors Count 2

All 2 funding rounds of Minimalist with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2021$15MSeries A$75.88MPeak XV Partners
Sep 2019$2.02MSeed–Peak XV Partners
–
Valuation history
DateValuationStage
Jul 2021$75.88Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $75.88M (Jul 2021). 3 investors in total: 3 institutional.

Investors in Minimalist

Minimalist has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include HUL, Peak XV Partners and Unilever Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Corporate-backed venture capital firm focused on consumer tech and multiple sectors
unileverventures.comLondon, United Kingdom
Venture capital firm investing in startups and providing support programs.
2000peakxv.comBengaluru, India
Fast-moving consumer goods, packaged foods, and consumer products are produced.
1933hul.co.inMumbai, India
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Investor details for Minimalist

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Board of directors of Uprising Science Private Limited (Minimalist)

Uprising Science Private Limited is the primary company behind Minimalist. The board of Uprising Science Private Limited currently have 4 directors; the longest-serving is Mohit Kumar Yadav, appointed in 2018. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mohit Kumar Yadav
DIN 02092042
Whole-time director03 May 20188 yrs 6 moUprising Science Private Limited
Harman Dhillon
DIN 10547220
Director21 Apr 20251 yr 6 moUprising Science Private Limited
Sonal Hemant Shidhore
DIN 11861059
Director17 Aug 20262 moUprising Science Private Limited
Yogesh Pandurang Mulgaonkar
DIN 11942641
Additional Director15 Sep 20261 moUprising Science Private Limited

People of Minimalist

3 people are tracked at Minimalist (3 in leadership); the tracked headcount is 489.

NameRoleGroup
Valerie Nebe
Co-FounderLeadership
Co-FounderLeadership
Co-FounderLeadership
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Complete people profiles for Minimalist

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Financials of Minimalist

Figures of Uprising Science Private Limited, the primary company behind Minimalist, for FY 2026. Revenue was ₹595 Cr (+37% year on year). Net profit was ₹25.86 Cr (4% margin). EBITDA was ₹47.34 Cr (7% margin). Revenue has grown at a compounded annual rate of +55% over three years and 0% over five years.

  • ₹595 CrRevenue · FY 2026 · +37% YoY
  • ₹25.86 CrNet profit · 4% margin
  • ₹47.34 CrEBITDA · 7% margin
  • ₹105 CrPaid-up capital
  • 580Employees (provident fund records)
  • +55%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Uprising Science Private Limited are on its company page.

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Detailed financial statements for Minimalist

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Timeline of Minimalist

5 dated milestones of Minimalist across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Minimalist is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series A, of $15.0M.
  4. Milestone Reaches Minicorn status.
  5. Exit Acquired by HUL.

Competitors of Minimalist

Minimalist has 3 listed competitors in our database, 3 of them funded. They include Mamaearth, MyGlamm and WOW Skin Science.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mamaearth.in2016Gurugram, India$89.36M1,900
Online brand offering multi-category natural skin care and makeup products
myglamm.com2015Mumbai, India$105.68M411
Online platform selling beauty products, makeup, skincare, and cosmetics in India.
buywow.in2014Bengaluru, India$98M100
Organic beauty products are offered by an internet-first brand.
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Detailed competitors of Minimalist

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Web traffic of Minimalist

The website of Minimalist (beminimalist.co) receives about 3M visits a month and ranks #16,278 among all websites worldwide, #748 in Beauty and Cosmetics.

  • Monthly visits
    3M

    ▼ 4% vs previous month

  • Unique visitors
    1.7M

    per month

  • Global rank
    #16,278

    among all websites

  • Category rank
    #748

    Lifestyle · Beauty and Cosmetics

Similar websites

Websites whose visitors overlap most with Minimalist. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
thedermaco.com
100%
3M#11,340View details
discoverpilgrim.com
92%
4.3M#11,348View details
thedeconstruct.in
88%
1.4M#43,151View details
tirabeauty.com
tirabeauty.com
86%
#10,035–
dotandkey.com
86%
2.5M#18,165View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Minimalist

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Verified entity values are shown only after access is granted.

Top companies in Beauty & Personal Care Products

3 companies that operate in the same segment as Minimalist (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online platform offering a wide range of baby, kids, and maternity products
2010Pune, Maharashtra, IndiaUSD 513.39 MUSD 911.07 M3,752
Online brand offering mens grooming products
2015Gurugram, Haryana, IndiaUSD 52.66 M
Retailer of perfumes, cosmetics, skincare, and related gift set items
2012Gurugram, Haryana, IndiaUSD 60.63 M
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Related news about Minimalist

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Frequently Asked Questions about Minimalist

Minimalist was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Minimalist is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

Minimalist is a funded company, having raised a total of $17.02M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.02M, raised on Sep 2019.

Minimalist has 489 employees.

The primary company behind Minimalist, Uprising Science Private Limited, reported revenue of β‚Ή595 Cr for FY 2026, up 37% year on year.

Minimalist was founded in 2018 in Jaipur, India, within the personal care sector. Products in skincare, haircare, and baby care are formulated and sold to target issues such as acne, pigmentation, dryness, UV damage, aging, hair fall, damaged hair, dandruff, and oily scalp. Baby care items including cleansers, lotions, massage oils, and healing ointments are also provided through the companys operations.

Minimalist's top competitors include MyGlamm, Mamaearth and WOW Skin Science.

Minimalist has 3 investors. Key investors include HUL, Peak XV Partners, and Unilever Ventures.

The valuation of Minimalist is $75.88M as of Jul 2021.

Minimalist operates through Uprising Science Private Limited.

Yes. Minimalist was acquired by HUL in January 2025.

The legal entities of Minimalist currently have 6 directors, including Mohit Kumar Yadav, Ajay Agarwal, Harman Dhillon and others.

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