On October 23, Moneycontrol was first to publish the report, saying the Rs 1,700-crore offer by US-based venture capital firm Sequoia Capital-backed Honasa will open for subscription on October 31.
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