Acquisition Overview
Wipro Consumer Care & Lighting (WCCLG), a unit of Wipro Enterprises, disclosed that it will acquire a 60% equity stake in Dermatouch, a fast‑growing Indian premium skincare brand, at an enterprise valuation of INR 387.5 crore. The balance 40% of the equity will be purchased over the subsequent three years, with the existing founders and management team remaining in place throughout the transition.
Dermatouch Business Profile and Performance
Dermatouch, founded by Anish Nagpal and Amit Purswani, operates a science‑backed portfolio that addresses concerns such as pigmentation, acne, brightening and sun protection across formats including face washes, soaps, serums, creams, moisturisers and sunscreens. The brand distributes through its direct‑to‑consumer platform, major online marketplaces and an expanding offline retail network. In FY 26, Dermatouch generated revenue of Rs 131 crore (approximately US$13.6 million), reflecting a 114% growth year‑on‑year from FY 25. Product volume has accelerated from roughly 60,000 units sold per month two years ago to more than 60,000 units sold each day at present.
Management Continuity and Statements
The co‑founders, Anish Nagpal and Amit Purswani, will continue to lead Dermatouch post‑acquisition. Kumar Chander, CEO of Wipro Consumer Care & Lighting and Managing Director of Wipro Enterprises, said the deal represents Wipro’s first foray into digital‑first brands with strong offline expansion potential and highlighted the brand’s rapid consumer trust build‑up. Anish Nagpal and Amit Purswani expressed confidence that Wipro’s distribution reach and research capabilities will enable Dermatouch to become a global brand. Sumit Keshan, Head of M&A – India and Managing Partner of Wipro Consumer Ventures, noted that the acquisition aligns with Wipro’s strategy to capture high‑growth personal‑care segments.
Wipro Consumer Care & Lighting Context
WCCLG reported consolidated revenues of INR 10,800 crore for FY 25‑26, with more than half of its turnover derived from international operations. The business employs over 10,000 staff, of whom 41% are women, and its portfolio spans personal wash products, toiletries, facial care, home care, electrical wiring devices, lighting solutions, seating and foods. Recent strategic moves include the acquisitions of Good Home and Eva from TTK Healthcare and the purchase of S‑brands in the Philippines, reinforcing its focus on high‑potential consumer categories.
Transaction Structure
The initial transaction secures a controlling 60% interest in Dermatouch at an enterprise value of INR 387.5 crore. The deferred 40% acquisition will be executed over a three‑year horizon, subject to agreed milestones and continued performance of the brand. All parties affirmed that the existing management will retain operational control during the transition period.