Honasa Consumer Ltd. is a conglomerate of digital-first consumer brands, including Mamaearth, The Derma Co, Aqualogica, BBLUNT, Dr Sheths, and Staze Beauty. Founded in 2016, Honasa Consumer Limited (HCL) focuses on honesty, natural ingredients, and safe care, catering to millennial consumers with innovative products, D2C marketing, and e-commerce fulfillment, serving over 500 cities in India. The company aims to build an ecosystem benefiting consumers and the community. Backed by Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, HCL received a INR16.01BPost-IPO secondary investment on 12 September 2024 from ICICI Prudential Life Insurance and Morgan Stanley. HCL is poised to become a billion-dollar FMCG conglomerate globally through a digital center of excellence.
Funding Stage | Amount | No. Investors | Investors | Date |
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Post-IPO Secondary | INR16.01B | 2 | ICICI Prudential Life Insurance, Morgan Stanley | 12 Sep 2024 |
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