The Japanese media giant’s head honcho says several conversations are on, and that the long-drawn Viacom18-Disney merger may actually be a blessing.
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While legacy companies are looking to grab a slice of the D2C pie, smaller brands have their own challenges that are pushing them to get acquired.
Going by the FMCG giant’s stated intent and need, fans of the little over four-year-old, digital-first skincare brand have no reason to worry.
The hitherto little-known company has teamed up with Blackstone-backed Quality Care to create India’s third-largest hospital chain after Apollo and Manipal. But success will depend on how the new entity overcomes a set of unique challenges.