🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Honasa Consumer listing puts focus on investors’ returns, unrealised gains

Economic Times

Economic Times · 1y ago

Honasa Consumer listing puts focus on investors’ returns, unrealised gains

Honasa Consumer, the parent company of Mamaearth, and the attention now being given to the returns made by its investors and the unrealized gains of non-selling shareholders. Fireside Ventures, an early investor, has raised Rs 258 crore from the IPO and still holds unsold investments worth Rs 821.49 crore. Stellaris Venture Partners, another early investor, sold a stake worth Rs 437.3 crore, including Rs 355 crore from the IPO. Angel investors, including Snapdeal founders, also saw significant returns.

Related News

Fireside, Sofina harvest multibaggers from D2C brand

VCCircle

VCCircle · 1y ago

Fireside Ventures and Sofina SA are reaping significant returns from their investments in a direct-to-consumer beauty and personal care unicorn. Fireside Ventures, a venture capital firm specializing in consumer brands, has reduced its stake in Honasa Consumer Pvt Ltd, which recently went public. Both investors have benefited from the success of the homegrown brand.

FirstCry, Unicommerce turn multibaggers for SoftBank, others after bumper stock market debut

YourStory

YourStory · 12m ago

FirstCry, Unicommerce turn multibaggers for SoftBank, others after bumper stock market debut

Indian e-commerce company FirstCry and SaaS firm Unicommerce experienced significant gains on their stock market debuts, resulting in substantial returns for their major investors, including SoftBank. FirstCry's stock saw a 40% premium on its debut and closed 3.5% higher, allowing SoftBank's stake in the company to grow to over Rs 7,000 crore. Unicommerce, backed by AceVector Group and SoftBank, also saw a strong premium on its debut. Snapdeal's parent company and SoftBank enjoyed significant notional gains from Unicommerce's listing.

On listing day, Honasa founders say they are eyeing a global play for the personal-care company

Economic Times

Economic Times · 1y ago

On listing day, Honasa founders say they are eyeing a global play for the personal-care company

Honasa Consumer, the parent company of beauty and personal care brand Mamaearth, has listed on the stock exchanges and aims to take Indian skincare products global. The company's CEO expressed the desire to make Indian beauty a global phenomenon, following the success of global beauty companies like French and Korean brands. Honasa Consumer's IPO was oversubscribed, and the company plans to expand Mamaearth's presence in international markets by appointing channel partners. The listing is seen as a significant milestone for the company's growth and future opportunities in the beauty and personal care sector. (source: https://economictimes.indiatimes.com/tech/technology/on-listing-day-honasa-founders-say-they-are-eyeing-a-global-play-for-the-personal-care-company/articleshow/105034734.cms)

Mamaearth employees may sell ESOP shares worth ₹150 crore via a block deal

Livemint

Livemint · 1y ago

Mamaearth employees may sell ESOP shares worth ₹150 crore via a block deal

Employees at Mamaearth's parent company Honasa Consumer Care are expected to sell ESOP (employee stock ownership plan) shares worth ₹150 crore in a block deal. The deal is likely to be executed at a 5-7% discount to the current market price of ₹477.10. Honasa Consumer reported a net profit of ₹30 crore in Q2FY24, with its revenue from operations growing 21% to ₹496 crore. Mamaearth's share price surged by 20% after the company reported its quarterly earnings for Q2FY24, the first since its listing.

Exclusive: Ex-Zomato Executive’s Startup Ninecamp Bags $2 Mn

Inc42 · 1y ago

Exclusive: Ex-Zomato Executive’s Startup Ninecamp Bags $2 Mn

Ninecamp, a premium food and beverage startup, has recently raised funds from investors including Zomato cofounders Mohit Gupta and Gaurav Gupta. With a focus on premium dining and consumer products, Ninecamp was founded last year by Chaitanya Mathur, who has over 17 years of experience and was instrumental in creating Zomaland for Zomato. The funding round also saw participation from Honasa cofounders Ghazal and Varun Alagh.

Mamaearth parent Honasa to discontinue ayurvedic beauty brand Ayuga

Economic Times

Economic Times · 1y ago

Honasa Consumer, the parent company of Mamaearth, has decided to discontinue its ayurvedic beauty brand Ayuga. The company stated that it was unable to establish a product-market fit and started phasing out the brand in June. Honasa Consumer will now focus on its other brands, including Mamaearth, The Derma Co, Aqualogica, Dr Sheth’s, BBlunt, and Staze. The company reported a 19% increase in operating revenue for the April-June period and a net profit rise of 62%. Ayuga, which was launched in December 2021 and revamped based on consumer feedback, failed to gain traction in the market.

Mamaearth parent’s IPO subscribed 13% on day 1

YourStory

YourStory · 1y ago

Mamaearth parent’s IPO subscribed 13% on day 1

Honasa Consumer, the parent company of Mamaearth, saw its shares being subscribed by 13% on the first day of IPO bidding. Retail investors booked 34% of the shares reserved for them, while non-institutional investors bid for nearly 3% of the assigned shares. The price band for the IPO is set between Rs 308 and Rs 324. Honasa Consumer aims to raise Rs 365 crore through a fresh issue of shares and offer for sale. The company plans to use a portion of the proceeds for strategic acquisitions.

Honasa looks beyond beauty and skincare to new growth categories - The Economic Times

Economic Times

Economic Times · 12d ago

Honasa looks beyond beauty and skincare to new growth categories - The Economic Times

Honasa Consumer, known for brands like Mamaearth and BBlunt, is expanding into new beauty tech categories such as laser masks and LED light therapy devices. This move comes as the Mamaearth brand's sales slow, prompting a strategic shift. Despite slower growth in some areas, Honasa’s newer brands are driving overall growth, with a focus on leveraging both online and offline markets. The Indian beauty electronics market is expected to grow significantly, presenting opportunities for Honasa.

With new budget brand, Mamaearth challenges Reliance, Sugar

The Arc Web

The Arc Web · 1y ago

Honasa Consumer, the owner of skincare brands Mamaearth and others, has launched a low-cost beauty line called Staze 9to9. Staze will offer affordable lipsticks, eyeliners, and foundations targeting young shoppers. Unlike Mamaearth's premium range, Staze products will be priced 30-50% lower and have different formulations. Honasa, which saw Mamaearth's revenue reach Rs 150 crore, plans to focus on the larger market for low-cost products. Staze will adopt an offline retail-first approach and will be available in 1 lakh general trade stores. Honasa reported a net profit of Rs 26 crore for the quarter ended December 31, 2023.

Anthill Ventures plans $100 million hybrid fund for Indian startups

Livemint

Livemint · 1y ago

Anthill Ventures plans $100 million hybrid fund for Indian startups

Anthill Ventures plans to launch a $100 million hybrid fund that will support Indian startups in consumer experiences, wellness, and entertainment. The fund will target technology startups and consumer brands, providing debt financing initially with the potential for conversion into equity. Anthill Ventures aims to address the financing challenges faced by startups that are often overlooked by traditional banks. This move comes as the global private credit market gains popularity, offering higher returns for investors. India has attracted significant attention in this space, drawing interest from global firms like Cerberus Capital Management and Varde Partners.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.