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VARUN ALAGH STAKE
Offer for sale: How startup founders have been raking in the moolah from IPOsLenskart’s Rs 7,300-crore IPO, valuing the company at Rs 70,000 crore, will see founders earn nearly Rs 1,200 crore via an offer for sale. ...
Apple India vs China; GCCs hit the fresher trailDespite Apple's growth in India, it has a lot of catching up to do with China’s scale. This and more in today’s ETtech Top 5.
Honasa Consumer shares rally 10% after co-founder Varun Alagh hikes stake in coWith the recent acquisition of additional shares, the CEO’s stake in the company rose to 31.93% from 31.88%. Alagh, who co-founded the beau...
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...
Mamearth turns 7, Ghazal Alagh shares pitch deck from 2016 that Honasa sent to VCs for raising fundsThe entrepreneur took to LinkedIn to inform her followers that the personal beauty care brand Mamaearth - a part of Honasa Consumer - turne...
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 backers Kunal Bahl, Rohit Bansal to redeploy investment gains to support next-gen startupsRohit Bansal told ET that the duo will be reinvesting the gains through Titan Capital, which has backed startups including Razorpay, Shadow...
ET Soonicorns Summit: Investment in Mamaearth happened by chance: Titan Capital’s Kunal BahlThe initial public offering (IPO) of Honasa Consumer, the parent of personal care brand Mamaearth, closed on Thursday, with the issue getti...
Fintech infra players see investor interest; midcap IT firms outdo larger peersNew-age fintech infra companies are gaining the spotlight as the venture industry seeks out more predictable business models in a fraught m...
Summon likely for Apple over threat alert; a new-age company trend in IPOsA parliamentary committee may summon representatives from Apple after several opposition leaders said they received an alert of a potential...
Mamaearth founders selling shares in IPO is part of a new-age company trendPrior to the public offering, the promoters held a 37.41% stake in the omnichannel retailer—and this is expected to fall to 35.34% followin...
Mamaearth’s Ghazal Alagh on why the company’s IPO has a high offer for saleAn OFS involves the sale of existing shares by large stakeholders, such as promoters, venture capitalists or institutional investors. The f...
'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".
Mamaearth parent Honasa IPO opens today: Here’s all you need to knowFounders Varun Alagh and Ghazal Alagh will offload a portion of their stakes in the company, worth up to Rs 103 crore and Rs 3 crore, respe...
IPO-bound Honasa says its growth will build on flagship MamaearthAlagh spoke to ET on the sidelines of the company’s press conference to announce the Rs 308-324 per share price band for its upcoming publi...
Mamaearth parent Honasa sets IPO price band at Rs 308-324; issue size up to Rs 1,701 croreAt the upper end of the price band, the company will be valued at Rs 10,425 crore, or around $1.25 billion. This is marginally higher than ...
Mamaearth cofounder Ghazal Alagh denies IPO valuation rumoursThe offering will include a fresh issuance of shares worth Rs 400 crore and an offer-for-sale (OFS) component comprising 46.82 million shar...