The Company was incorporated as ‘Honasa Consumer Private Limited’ at New Delhi as a private limited company under the Companies Act 2013 pursuant to a certificate of incorporation dated September 16 2016 issued by the RoC. Subsequently the Company was converted to a public limited company and the name of the Company changed to ‘Honasa Consumer Limited’ pursuant to a Shareholder’s resolution dated October 26 2022 and a fresh certificate of incorporation dated November 11 2022 issued by the RoC.Major events and milestones the Company :2016- The Company launched the flagship brand Mamaearth that focuses on developing toxin-free beauty products made with natural ingredients2017- Raised funding led by Fireside2018- Shilpa Shetty Kundra invested in the Company- Raised funding led by Stellaris2020- Launched ‘The Derma Co.’ – the science-backed product powered with active ingredients- Raised funding led by PXV VI- Crossed annual revenue of Rs.1000 million in Financial Year 20202021- Raised funding led by Sofina- Launched Aqualogica – the hydrating skincare brand designed for Indian skin types- Launched the 1st EBO for Mamaearth- Launched Ayuga – the ayurvedic product in easy-to-use modern formats for Indian millennials- Acquired Momspresso – a content platform providing meaningful and relevant content to women2022- Acquired BBlunt – professional hair care and styling products enabling salon like experience at home- Acquired Dr. Sheth's – A bio-actives based skincare designed by three-generations of skin specialist- Launched the ‘Mamaearth x Femina Beautiful Indians’ campaign to recognise and reward acts of goodness in society- Mamaearth emerged as the fastest growing BPC brand in India to reach an annual revenue of Rs. 10000 million (in the preceding 12 months) within six years of launch (Source: RedSeer Report)2023- Revenue from offline channels crossed Rs. 5000 million in Financial Year 2023
Name | Position |
---|---|
Mr. Varun Alagh | Chairman |
Mr. Ghazal Alagh | Whole Time Director |
Mr. Vivek Gambhir | Independent Director |
Mr. Subramaniam Somasundaram | Independent Director |
Ms. Namita Gupta | Independent Director |