Brands
Kofluence launches Kofinity
Mumbai: Kofluence, the largest AI-led influence platform, has launched its latest product Kofinity which offers guaranteed brand partnerships to every content creator, and an opportunity to monetise their social influence. Having successfully delivered over 1600+ campaigns across 30 diverse sectors with over 550K contributors on board and a collective reach of 6Bn+, Kofluence is at the forefront of influencer marketing solutions.
With the launch of Kofinity, creators can focus solely on creating content and boosting brand visibility, while Kofluence provides them the infrastructure to turn their passion into earnings. Creators can acquire a free unique URL through ‘kofluence.com/in’, which will serve as a hub for their curated brand deals. With ‘always-on’ campaigns, creators can partner with brands they love, in a hassle-free manner. Each transaction made through their personalized link directly translates to payouts.
With Kofinity, top performers can earn more than Rs 25,000 per week along with guaranteed shortlisting for collaborations that require minimal content creation and no prior content approval. Typically access to premium offers often come with eligibility criteria or cost considerations, but Kofinity allows content creators to share these offers with their audience so they can avail them easily and freely without having to meet any such criteria.
Speaking about the launch, Kofluence CEO and co-founder Ritesh Ujjwal said, “We’re thrilled to introduce Kofinity! With this launch, we’re confident that Kofluence is well-positioned to lead the charge in this rapidly evolving industry. We aim to foster India’s thriving creators economy by monetizing 100k influencers in the next 12 months, enabling creators on their journey to becoming creator-preneurs.”
Commenting on the launch, Kofluence co-founder Sreeram Reddy Vanga stated, “As excited as we are about the launch, what I’m looking forward to is Kofinity being a means of self-sufficiency for all the budding creators. Kofinity is expanding its horizons beyond social media like Instagram and Youtube. Now, creators can easily share their offers and deals within their social circles through multiple social networking platforms by using their unique link.”
Brands
Nykaa eyes majority stake in Deepika Padukone’s 82°E brand
Deal could help scale premium label as Nykaa sharpens its beauty play
MUMBAI: Nykaa is in advanced discussions to acquire a majority stake in 82°E, the premium skincare label founded by Deepika Padukone, according to media reports.
The proposed deal signals Nykaa’s intent to deepen its House of Nykaa portfolio while giving 82°E the scale it has struggled to achieve independently. Padukone is expected to retain a minority stake if the transaction goes through.
For Nykaa, the play is both strategic and timely. With a customer base of over 42 million, the company is betting on its strong distribution, logistics, and repeat purchase ecosystem to revive the brand’s momentum. The two sides already share a working relationship, with Padukone serving as Nykaa’s global brand ambassador since September 2025.
Launched in late 2022, 82°E entered the market with a premium positioning but has faced headwinds. The brand reported revenue of Rs 14.7 crore in FY25, down 30 per cent year on year, alongside losses of Rs 12.26 crore. Industry observers have pointed to steep pricing, a somewhat diffused brand identity, and intense competition from digital-first labels as key challenges.
The potential acquisition also reflects a broader shift in India’s beauty and lifestyle space, where celebrity-led brands are increasingly partnering with larger corporates to unlock scale. Alia Bhatt’s Ed-a-Mamma, for instance, sold a majority stake to Reliance Retail, while Katrina Kaif’s Kay Beauty has emerged as a standout success within Nykaa’s portfolio, clocking Rs 132.4 crore in FY25 revenue.
Nykaa itself has been on a strong growth trajectory. Its parent, FSN E-Commerce Ventures, reported a 156 per cent jump in net profit to Rs 68 crore in the December 2025 quarter, with revenue reaching Rs 2,873 crore.
Nykaa has been steadily building its portfolio through acquisitions such as Dot & Key, Earth Rhythm and Nudge Wellness, signalling a clear push to own and scale homegrown brands.
If the 82°E deal materialises, it could mark a fresh chapter for the label, blending celebrity appeal with corporate muscle. For Nykaa, it is another calculated step in staying ahead in an increasingly crowded beauty aisle.
