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IPO-bound Honasa's The Derma Co likely set for Rs 350 crore in annual recurring revenue

The Derma Co, owned by Honasa Consumer, has announced that its monthly revenue has exceeded Rs 30 crore, paving way for an annual recurring revenue of over Rs 350 crore. The skincare brand s monthly sales have outpaced those of Mamaearth, another brand owned by Honasa. The company plans to raise Rs 400 crore through an initial public offering. ....

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