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Salt Oral Care raises $1 Mn in pre-Series A round led by Lotus Holdings

EntrackrEntrackr · 6m ago
Salt Oral Care raises $1 Mn in pre-Series A round led by Lotus Holdings
Medial

Oral wellness brand Salt Oral Care has picked up $1 million in pre-Series A funding round from Lotus Holdings (Lotus Herbals Family Office). The investment will be executed in two tranches, with the company’s average post-money valuation across the round pegged at Rs 46 crore ($5.3 million). The Mumbai-based company had previously raised $358K from Saurashtra Capital and others. The proceeds will be allocated towards new product innovation, research & development, branding and marketing initiatives, and team expansion, Salt Oral Care said in a press release. Co-founded in 2022 by Karan Raj Kohli and Viraj Kapur, Salt Oral Care is a homegrown Indian oral care brand that focuses on providing science-backed oral care products for all, with a commitment to sustainability and eco-friendly practices. It aims to create oral care products that are both effective and mindful of the environment. The brand strives to blend sustainability with a luxurious experience, offering products with reusable and recyclable containers. Salt Oral Care emphasizes the use of scientific research and rigorous testing in their product development. It prioritizes sustainable practices, including eco-friendly packaging and reducing their environmental impact. Salt says its portfolio including toothpaste and mouthwash has seen a surge in repeat purchases, driven by the brand’s positioning, minimalist aesthetic, and clinically backed performance. The brand plans to expand its footprint across India and international markets. It claims to have recorded a 448% growth over the last financial year.

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

Economic TimesEconomic Times · 2y ago
On listing day, Honasa founders say they are eyeing a global play for the personal-care company
Medial

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)

Cura Care Raises Rs 5 Cr in pre-Seed round led by Zeropearl VC

EntrackrEntrackr · 7m ago
Cura Care Raises Rs 5 Cr in pre-Seed round led by Zeropearl VC
Medial

At-home wellness services brand Cura Care has raised Rs 5 crore in a pre-seed funding round led by Zeropearl VC, with participation from friends, family, and notable angel investors, including Shripad Nadkarni and the late Rohan Mirchandani. The fresh funds will be used to validate its product-market fit and enhance its customer promise by delivering exceptional at-home wellness experiences, Cura Care said in a press release. Co-founded in January 2025 by Abhinav Kumar, Chinmay Mittal, and Paminder Singh, Cura Care aims to empower oral hygiene in India. The company aims to address the pressing issues surrounding oral health in India, where over 120 crore people are affected by poor oral hygiene. Cura Care aspires to integrate oral wellness into the daily self-care routines of Indians, providing a booking experience and service quality. The company offers premium at-home services like teeth cleaning, scaling, polishing, and whitening, delivered by DCI-certified dentists using customized portable dental units. This model prioritizes hygiene, safety, and convenience for customers. Since its launch, Cura Care claims that it has already served over 1,000 customers through at-home visits and oral wellness camps. The startup boasts an impressive Net Promoter Score (NPS) of over 90% and an average customer rating of 4.87.

MamaEarth-parent reports Rs 39 Cr profit on Rs 538 Cr revenue in Q2 FY26

EntrackrEntrackr · 2d ago
MamaEarth-parent reports Rs 39 Cr profit on Rs 538 Cr revenue in Q2 FY26
Medial

Honasa Consumer Limited, the parent company of personal care brand MamaEarth, has announced its financial results for the second quarter of the ongoing fiscal year (Q2 FY26). The Gurugram-based company reported a 16.5% growth in scale, while it posted a profit of Rs 39 crore in the same quarter. MamaEarth’s revenue from operations increased to Rs 538 crore in Q2 FY26 from Rs 462 crore in Q2 FY25, its financial statements accessed from the National Stock Exchange (NSE) show. On a half-yearly basis, MamaEarth’s operating revenue increased 12% to Rs 1,133 crore in H1 FY26 from Rs 1,016 crore in H1 FY25. The company has not disclosed its revenue breakdown for the last quarter. It also added Rs 20 crore from non-operating activities which tallied its overall revenue to Rs 558 crore in Q2 FY26. For the D2C brand, the cost of procurement of products accounted for 32% of the overall expenditure. This cost increased by 10% to Rs 159 crore in Q2 FY26 from Rs 144 crore in Q2 FY25. Employee benefit expense rose 18% to Rs 60 crore in Q2 FY26 from Rs 51 crore in Q2 FY25. Marketing, legal, rent, and other overheads fell 9% year-on-year which kept the total expenditure flat at Rs 505 crore in Q2 FY26 as compared to Rs 506 crore in Q2 FY25. In the end, the company reported profit after tax of Rs 39 crore in Q2 FY26, as compared to a loss of Rs 18.56 crore in Q2 FY25. On a unit basis, the company spent Re 0.94 to earn a Rupee of operating revenue. For the six months ending September 2025, the company’s profit spiked 3.7X to Rs 80.5 crore in H1 FY26 from Rs 21.6 crore in H1 FY25. During the period the company picked up 25% stake in Couch Commerce Private Limited which owns brand “Fang Oral Care” for a consideration of up to Rs 10 Crores. At the end of today’s trading session, MamaEarth parent’s shares were trading at Rs 283 with a total market capitalization of Rs 9,238 crore ($1 billion).

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