Honasa Consumer to buy 58% stake in Fluence Pharma at Rs 135-crore enterprise valueMamaearth's parent company, Honasa Consumer, is acquiring a majority stake in nutraceuticals brand Fluence Pharma for ₹135 crore. This stra...
Honasa Consumer to acquire majority stake in Fluence Pharma at Rs 135-crore valuationHonasa Consumer has secured a majority stake in Mumbai's hair therapy brand Fluence Pharma for Rs 135 crore. This move marks the company's ...
Honasa Consumer enters nutraceuticals segment; to acquires 58 pc stake in Fluence PharmaHonasa Consumer, parent of Mamaearth, is acquiring a 58% stake in nutraceuticals firm Fluence Pharma for Rs 135 crore, marking its entry in...
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
The Binge Town bags Rs 2 crore on Shark Tank IndiaThe Binge Town secured Rs 2 crore from Varun Alagh on Shark Tank India, comprising Rs 1 crore for 2.5% equity and Rs 1 crore debt at 15% in...
Honasa Consumer shares rise 3% as promoter Varun Alagh raises stake via bulk dealHonasa Consumer shares rose after promoter Varun Alagh bought nearly 18.52 lakh shares from Fireside Ventures. This bulk deal valued at Rs ...
Honasa Consumer Block Deal: Promoter Varun Alagh ups stake in Mamaearth parent as stock trades 15% below IPO priceHonasa Consumer promoter Varun Alagh raised his stake by 57 bps in Mamaearth parent company, acquiring 18.52 lakh shares from Fireside Vent...
Mamaearth founder Varun Alagh buys 0.6% stake in company for Rs 50 croreHonasa Consumer founder Varun Alagh has bought a 0.6% stake in the company for Rs 50 crore, his second purchase since its 2023 listing. The...
Quick commerce now 7-8% of Honasa Consumer's business: CEO Varun AlaghThe Mamaearth parent on Wednesday reported its December quarter results, with consolidated net profit at Rs 26 crore and revenue from opera...
Mamaearth CEO Varun Alagh buys 1.8 lakh shares in firm for Rs 4.6 croreThis move follows Mamaearth parent company Honasa Consumer's poor Q2 results. The company is facing difficulties with its offline distribut...
Ghazal & Varun Alagh ecstatic as Honasa Q1 profit doubles to Rs 30 cr; founder couple celebrate listing with Shilpa Shetty at her Mumbai eateryThe couple took to LinkedIn to update their followers that revenue from operations in Q2 had increased 21% to Rs 496 cr.
Mamaearth IPO: Reactions from shareholders, startup ecosystem on its listingThe Indian startup ecosystem reacted with much enthusiasm and fervour to Honasa Consumer’s listing.
We have shown growth at high margins is possible. We will continue to demonstrate that in future also: Honasa Consumer“From a gross margin perspective, this is the level at which we have operated in the past and our attempt would be to continue to operate a...
'Varun & I have built Honasa with love and governance.' Mamaearth IPO hits Dalal St, founder Ghazal Alagh quotes Robert Frost to describe entrepreneurial journeyGhazal Alagh quoted Frost's famous lines to describe her journey, partner Varun retraced the "2500 days of building".
We operate at 70% gross margins now and will continue to do so in future as well: Ghazal Alagh, Honasa Consumer“It is a fast growing company which is still not at a steady state margin profile. Over the years, the margin profile will continue to chan...
Ahead of IPO, MamaEarth's Ghazal Alagh dedicates special note to life & business partnerThe MamaEarth co-founder said that the couple's differences have made them stronger.
Mamaearth’s parent company gets Rs 130 croreThe company has raised Rs 162 crore since inception. ET had earlier reported that Mamaearth was in talks to raise $10 million from Sequoia ...