Billionaire Radhakishan Damani buys Health & Glow: report

Billionaire Radhakishan Damani buys Health & Glow: report

NAMA Beauty's co-founder Indonesian celebrity Luna Maya. Source: NAMA Beauty.

Radhakishan Damani, the Indian billionaire investor and founder of Avenue Supermarts, which runs the D-Mart retail chain, has acquired Health and Glow, a Bangalore-based beauty and personal care chain from the family offices of Rajan Raheja and Hemendra Kothari for Rs 700-750 ($85-91 million), The Economic Times reported on Friday.

Edited by: Pramod Mathew

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