Brands
Fixderma Schools teens in smart skincare habits
MUMBAI: Fixderma is giving acne a lesson to remember. The dermatologist-prescribed skincare brand has wrapped up its engaging school campaign, Skin Investment, aimed at helping teenagers make smart, science-backed skincare choices before problems strike.
Targeting students aged 13 to 16, the initiative reached over 20 schools across NCR through dermatologist talks, interactive workshops and hands-on learning modules powered by Fixderma’s Salyzap range, a clinically formulated line for acne-prone and sensitive skin.
Students not only soaked up expert advice but also showed surprising creativity, coining slogans like “Skin achi toh din acha” and “Treat your skin like a plant, hydrate it every day.” The campaign made skincare fun, relatable and rooted in confidence.
“Too often, teens start thinking about skincare only after a breakout,” said Fixderma founder and CEO Shaily Mehrotra. “With Skin Investment, we wanted to shift that mindset from reactive to preventive. Just like financial literacy, skin literacy should start early, because healthy skin is a lifelong investment.”
Fixderma chairman Anurag Mehrotra added, “The response from schools has been phenomenal. Our aim was not sales but awareness. When children understand their skin, they become more confident and responsible. Education is at the heart of our brand’s purpose.”
Following its successful Pimple Police campaign for college students, Fixderma continues to carve a niche as a skincare brand that leads with science, empathy and education. With its philosophy skin first, confidence always, the company now plans to take skin investment nationwide, ensuring every young face gets a healthy head start.
Brands
Flipkart completes reverse flip to India ahead of IPO
Walmart-owned e-commerce giant shifts domicile from Singapore to Bengaluru
MUMBAI: Flipkart has completed its restructuring to move its parent company from Singapore back to India, marking a key milestone as the Walmart-owned marketplace prepares for a potential initial public offering on Indian stock exchanges, ET reported, citing people aware of the matter.
The move, often referred to as a “reverse flip”, relocates the company’s legal home to India and aligns its corporate structure more closely with its largest market. It also clears an important regulatory step for Flipkart as it explores listing plans.
As part of the restructuring, several Singapore-based entities have been merged into Flipkart Internet Private Limited, which will now serve as the main holding company for the entire group.
The consolidation brings a number of major businesses directly under the Indian parent company. These include fashion platform Myntra, logistics arm Ekart, travel booking platform Cleartrip, healthcare marketplace Flipkart Health, and fintech venture Super.money.
Under the new structure, global investors including Walmart, Microsoft, SoftBank, and the Canada Pension Plan Investment Board will hold their stakes directly in the Indian entity rather than through an overseas holding company.
The redomiciliation required approval from the Indian government because Chinese technology company Tencent owns around a 5 to 6 per cent stake in Flipkart. Under Press Note 3, investments from countries sharing a land border with India require prior government clearance.
Flipkart had already secured approval from the National Company Law Tribunal in December. With the latest clearance from the central government, the company has now obtained all the regulatory approvals needed to complete the relocation, ET reported earlier.
Flipkart had originally shifted its holding structure to Singapore in 2011 to tap global capital more easily. However, as India’s capital markets have matured, several start-ups have begun returning their domiciles to the country ahead of public listings. Companies such as Razorpay, Groww, and Meesho have taken similar steps.
The company is now expected to move ahead with its IPO preparations and has begun early discussions with merchant bankers. According to people familiar with the matter, Flipkart could file its draft prospectus later this year, setting the stage for what may become one of the most closely watched listings in India’s e-commerce sector.
Flipkart has been majority-owned by Walmart since 2018, when the US retail giant acquired a 77 per cent stake in the company for $16 billion in one of the largest e-commerce deals globally.
