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Honasa appoints Flipkart’s Yatish Bhargava as CBO

EntrackrEntrackr · 29d ago
Honasa appoints Flipkart’s Yatish Bhargava as CBO
Medial

Honasa appoints Flipkart’s Yatish Bhargava as CBO Honasa Consumer Limited, the parent company of Mamaearth, has appointed Yatish Bhargava as Chief Business Officer with immediate effect. The post had been vacant since February 28, following the resignation of Zairus Master, who left the Gurugram-based firm citing personal reasons. Bhargava will also be designated as a Senior Management Personnel, the company informed in a stock exchange filing. Bhargava brings over 17 years of experience in P&L management and leading large-scale teams across general trade, modern trade, and e-commerce. Prior to joining Honasa, he held senior leadership roles at Flipkart and Hindustan Unilever Limited. Recently, Honasa elevated Karan Bajwa, who had been serving as Senior Vice President of Human Resources, to Chief Human Resources Officer (CHRO), and Avinash Dhagat, formerly Senior Vice President of Supply Chain, to Chief Supply Chain Officer (CSCO).

Mamaearth-parent elevates Karan Bajwa and Avinash Dhagat to CXO roles

EntrackrEntrackr · 2m ago
Mamaearth-parent elevates Karan Bajwa and Avinash Dhagat to CXO roles
Medial

Honasa Consumer Limited, the parent company of personal care brand Mamaearth, has announced the elevation of two of its senior executives to top leadership positions, effective April 24. Karan Bajwa, who has been serving as Senior Vice President – Human Resources, has been promoted to Chief Human Resources Officer (CHRO). Meanwhile, Avinash Dhagat, formerly Senior Vice President – Supply Chain, has been elevated to Chief Supply Chain Officer (CSCO). With these promotions, both Bajwa and Dhagat are now designated as senior management personnel of the company. Bajwa joined Honasa in April 2021 and brings experience from leading companies such as Airtel and Reckitt. Dhagat, also with Honasa since April 2021, has previously held key roles at L’Oréal, Supermax, and Ashok Leyland. The development comes soon after the resignation of Anuja Mishra as Chief Marketing Officer (CMO) of Honasa. According to the circular filed by Honasa earlier this month, Varun Alagh, CEO and whole time director of the company, will be the interim charge of CMO. In Q3 FY25, Mamaearth returned to profitability with Rs 26 crore profit after tax and 5.9% YoY increase in its revenue to Rs 517 crore from Rs 488 crore in Q3 FY24.

Investment in Mamaearth happened by chance: Titan Capital’s Kunal Bahl

Economic TimesEconomic Times · 1y ago
Investment in Mamaearth happened by chance: Titan Capital’s Kunal Bahl
Medial

Kunal Bahl, co-founder of Titan Capital and former Snapdeal founder, revealed that he decided to invest in Mamaearth after a bathroom encounter with the brand's shampoo bottle. His wife's recommendation from a moms' group on Facebook and a phone call to Mamaearth's founder, Varun Alagh, led to the investment. Bahl praised Mamaearth for its inspiring journey and profitability, noting that they built the company without the typical startup backgrounds and are beloved by consumers. Bahl and his Snapdeal co-founder are set to make a remarkable 100x return on their 2017 investment in Mamaearth through its IPO. The IPO received strong subscription from institutional buyers and retail investors.

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