Honasa Consumer, co-founded in 2016 by the husband-wife duo of Varun and Ghazal Alagh, attained the unicorn status when it raised $52 million at a valuation of $1.2 billion in a fundraising round in January 2022 led by top VC firm Sequoia Capital
Honasa Consumer more than doubled its revenue from operations to Rs 943 crore for the year ended March 2022. It had also clocked a profit of Rs 14.4 crore against a loss a year ago.
Mamaearth Ipo: Honasa Consumer more than doubled its revenue from operations to Rs 943 crore for the year ended March 2022. It had also clocked a profit of Rs 14.4 crore against a loss a year ago.
According to the draft papers, Honasa Consumer s proposed IPO comprises a fresh issue of equity shares worth up to ₹400 crore and an offer for sale of up to 4,68,19,635 shares