12.08.16
Vini Cosmetics promoter Darshan Patel has reportedly acquired a majority stake in Noida, India-based Sooth Healthcare, the maker of the Paree brand of sanitary napkins. The size of the transaction was not disclosed. Sixth Sense Ventures, a consumer products investment firm, still holds a 23% stake in the publicly traded company.
Paree, a value-oriented feminine hygiene brand, is currently available in more than 3000 Indian pharmacies as well as through online retailers. It claims to be the country’s first chemical-free sanitary napkin manufacturer.
Paree, a value-oriented feminine hygiene brand, is currently available in more than 3000 Indian pharmacies as well as through online retailers. It claims to be the country’s first chemical-free sanitary napkin manufacturer.