FSN E-Commerce Ventures Ltd to Acquire Remaining 40% Stake in Nudge Wellness, Making it a Wholly-Owned Subsidiary

FSN E-Commerce Ventures Ltd, the parent company of Nykaa, has approved the acquisition of the remaining 40% stake in Nudge Wellness Private Limited from Onesto Labs Private Limited. This acquisition, valued at Rs. 14.26 lakhs, will make Nudge a wholly-owned subsidiary of FSN E-Commerce Ventures Ltd. The transaction is expected to be completed by September 30, 2025. Nudge, incorporated in 2022, is a health and wellness company that markets and sells wellness products including dietary supplement products on their website and other e-commerce websites. The company's turnover for the financial year 2024-25 is Rs. 34.79 lakhs.