Hindustan Unilever Limited (HUL) is likely to acquire Peak XV Partners-backed Minimalist, a Jaipur-based skincare startup, in a ₹3,000-crore ($350 million) deal, Moneycontrol reported. Three years ago, Minimalist's valuation was about $75 million. HUL is discussing a deal with Minimalist three years after the startup raised $15 million from Unilever Ventures.