# Honasa Consumer

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/honasa-consumer

- Industry: Consumer Products
- Headquarters: Gurgaon, India
- Website: www.mamaearth.in
- Total disclosed funding: $75M
- Latest round: Series F (Jul 26, 2021)
- Investors on record: 6

## About

Founded in 2016 and based in Gurgaon, India, Honasa Consumer Limited is an online retailer company that manufactures and sells skin care products for pigmentation, acne, dryness, wrinkles, among others, and baby care products. Honasa Consumer was founded by husband and wife Varun and Ghazal Alagh, CEO and CIO respectively. In November 2023, Honasa Consumer Limited raised INR 17.01 billion in an IPO, selling 41.24 million shares at INR 324 per share on the NSE and BSE under the ticker symbol "HONASA".

The company offers skin care products, makeup, fragrances, facial kits, shampoo, conditioners, hair oil, body lotions, body scrubs, body wash, hand cream, and baby products such as baby shampoo, oral care, body oil, and baby cream.  Mamaearth specializes in baby care products including baby, skin, and hair care products, as well as mosquito protection roll-ons and creams. Furthermore, Honasa Consumer portfolio of brands includes Mamaearth, The Derma Co., Aqualogica, Ayuga and it recently acquired stakes in BBlunt and content platform Momspresso.  Honasa caters to over 500 cities in India.   

MamaEarth recorded operating revenue of INR 19,199,040,000  for the fiscal year ending on March 2024.

## Funding rounds

- Series F, Jul 26, 2021, $52M — Hong Shan, Evolvence Capital, Sofina
- Series B, Jan 3, 2020, $18M — Hong Shan, Fireside Ventures, Stellaris Venture Partners, Sharrp Ventures
- Series A, Sep 1, 2018, $3.9M — Fireside Ventures, Stellaris Venture Partners
- Series B, Aug 29, 2017, $0.8M — Fireside Ventures
- Seed, Dec 5, 2016, $0.1M — Fireside Ventures

## Investors

- Fireside Ventures (https://capitalatlas.ai/funds/fireside-ventures) — Seed, Series B, Series A
- Stellaris Venture Partners (https://capitalatlas.ai/funds/stellaris-venture-partners) — Series A, Series B
- Hong Shan — Series B, Series F
- Sharrp Ventures — Series B
- Evolvence Capital (https://capitalatlas.ai/funds/evolvence-capital) — Series F
- Sofina — Series F