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Mamaearth parent Honasa sees latest exit with CBO Zairus Master's resignation
YourStory
·
7m ago
Medial
Mamaearth parent Honasa Consumer Limited announced the resignation of its chief business officer, Zairus Master, effective February 28, 2025, due to personal reasons. Master's departure coincides with Honasa's restructuring efforts, which involve transitioning from super-stockists to direct distributors in major cities for better operational efficiency. This change aims to optimize company performance amidst short-term disruptions. Other leadership changes include the departure of Jayant Chauhan and Abhishekk Raj Pandey, with new promotions and appointments in the firm.
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Honasa appoints Flipkart’s Yatish Bhargava as CBO
Entrackr
·
2m ago
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).
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Mamaearth's chief product and technology officer Jayant Chauhan quits
Economic Times
·
10m ago
Medial
Jayant Chauhan has resigned from his role as chief product and technology officer at Mamaearth-parent Honasa Consumer. In his resignation letter, Chauhan cited personal reasons and stated that his last day with the company would be November 30, 2024. Chauhan joined the beauty and personal care company in November 2020 and has previously held positions at Policybazaar, Paytm, Airtel, and Zomato.
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Mamaearth’s chief business officer steps down
VCCircle
·
7m ago
Medial
Zairus Master has resigned as the chief business officer of Honasa Consumer Ltd, Mamaearth's parent company, effective February 28, citing personal reasons. This follows another top-level departure four months ago when Jayant Chauhan, the chief product and technology officer, stepped down. Master joined Honasa in 2021 and has a background in leadership roles at Shine.com, Nokia, Airtel, and Unilever India. Honasa recently reported a Rs 18.5 crore loss due to inventory and distribution changes.
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Mamaearth CMO Anuja Mishra resigns
Entrackr
·
4m ago
Medial
Honasa Consumer Limited, the parent company of Mamaearth, has announced the resignation of Anuja Mishra, Chief Marketing Officer (CMO), with effect from the closure of business hours on June 30, 2025, due to personal reasons. According to the circular filed by Honasa Consumer, Varun Alagh, CEO and whole-time director of the company, will be the interim charge of CMO. Mishra joined Honasa in March 2022 as CMO where she oversaw marketing strategy for consumer group brands – Mamaearth, Bblunt, and The Derma Co. “Owing to certain personal reasons, I would like to submit my resignation from the position of Chief Marketing Officer at Honasa Consumer Limited, effective closure of business hours on 30th June, 2025,” the email screenshot disclosed in the circular shows. Earlier this week, the company also increased its ESOP pool by adding 24,61,350 ESOP options worth Rs 57 crore, a separate disclosure shows. During the third quarter of the last fiscal year (Q3 FY25), the company recorded a 5.9% revenue growth to Rs 517 crore, compared to Rs 488 crore in Q3FY24. However, its profits remained flat at Rs 26 crore in the same period. Honasa Consumer Limited ended Friday's trading session at Rs 233 per share, registering a total market capitalization of Rs 7,578 crore (approximately $890 million).
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Honasa Consumer’s chief business officer Zairus Master resigns adding to top-level exits: sources
Economic Times
·
7m ago
Medial
Zairus Master, the Chief Business Officer at Honasa Consumer, which owns Mamaearth, has resigned due to personal reasons and will leave by February 28. This comes amid the company's offline distribution restructuring that has impacted its financials, including a revenue decline and net loss in the recent quarter. Master played a significant role in investment allocation across the company's brands. His departure follows other senior executive exits, indicating potential challenges within the company.
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Honasa Consumer forays into colour cosmetic industry with ‘Staze’
Thehindubusinessline
·
1y ago
Medial
Honasa Consumer Limited, the parent company of Mamaearth, has launched a new cosmetics line called Staze. The first range, called Staze 9to9, features products with 12-hour wearability powered by proprietary C-Lock technology. Staze is created by a group of 43 beauty experts worldwide and offers a range of products including a 3-in-1 bullet lipstick. The brand is available on various e-commerce platforms. Honasa Consumer sees Staze as an opportunity to tap into the growing demand for innovative yet affordable color cosmetics, with the segment currently boasting a CAGR of 12% and a market size of ₹15,000 crore.
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Mamaearth parent Honasa raises Rs 765 crore from anchor investors ahead of IPO
Economic Times
·
1y ago
Medial
Mamaearth parent Honasa has raised Rs 765 crore from anchor investors ahead of its IPO. The company plans to use the funds to enhance its manufacturing capabilities, expand its product portfolio, and for marketing and brand building activities. Honasa offers a range of personal care products under various brands, including Mamaearth, The Derma Co, and The Moms Co.
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Touché: Ashneer Grover as Mamaearth shares surge 20%
Twitter
·
1y ago
Medial
BharatPe's former MD Ashneer Grover took to X to share a graph showing the surge of Mamaearth parent Honasa Consumer's shares and wrote, "Touché!" Honasa Consumer's shares surged 20% and hit the upper circuit at ₹423.75, as the company's Q2 profit nearly doubled to nearly ₹30 crore. In a now-deleted tweet, Ashneer claimed he applied for Mamaearth IPO.
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Mamaearth-parent elevates Karan Bajwa and Avinash Dhagat to CXO roles
Entrackr
·
4m ago
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.
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Mamaearth parent Honasa Consumer appoints Nishchay Bahl to lead offline business
Economic Times
·
1y ago
Medial
Mamaearth parent company Honasa Consumer has appointed Nishchay Bahl to lead its offline business. Bahl will be responsible for expanding the company's offline retail presence and driving growth in offline sales channels. Honasa Consumer is a fast-growing brand in the personal care and beauty space, with Mamaearth being its flagship brand. The company aims to leverage Bahl's experience and expertise in offline retail to further strengthen its position in the market.
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