India: Samara Capital acquires cosmetics firm Nature’s Essence for $29m

Private equity firm Samara Capital is said to have acquired Nature’s Essence Pvt. Ltd, a maker and seller of cosmetics and hair care products, for Rs 200 crore ($29 million).

According to a report in The Economic Times, Samara Capital has picked up a 65 per cent stake in the Delhi-based company at an enterprise valuation of around Rs 300 crore.

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