Honasa Consumer Pvt Limited

Honasa Consumer Pvt Limited (HCPL) is an Indian digital-first consumer brands company. It is headquartered in Gurugram, India. It was founded in 2016 by Varun Alagh and Ghazal Alagh. As of May 2022, it is valued at $1.2 billion company.
History
Honasa Consumer pvt limited was founded in 2016 by Varun Alagh and Ghazal Alagh in Gurugram. The company is headquartered in Gurugram, India. It launched Mamaearth in 2016, a babycare, skincare and wellness brand. It also owns various brands like The Derma Co, Ayuga, Aqualogica.
In September 2017, the company raised a second round of funding of $1 million led by Fireside Ventures and other individual investors.
In April 2018, Mamaearth raised $250,000 (about Rs 1.6 crore) from actor and entrepreneur Shilpa Shetty Kundra.
In September 2018, the company raised $4 million in a series A round of funding. It was led by venture capital firm Stellaris Venture Partners. Snapdeal founders Kunal Bahl and Rohit Bansal; Marico's Rishabh Mariwala were also participated in the round. In January 2020, the company raised Rs 130 crore in a series B funding round led by Sequoia India with participation from existing investors, Fireside Ventures, Stellaris Venture Partners and Sharp Ventures.
In July 2021, the company raised $50 million in series C round led by Belgian investment fund Sofina Ventures SA. In 2022, Honasa Consumer Pvt. Ltd. became the first unicorn of 2022 with $52 million funding.
Acquisition
In December 2021, Honasa Consumer pvt limited acquired female-oriented content platform, Momspresso.
In 2022 the company acquired skincare brand BBlunt and Dr Seth's.

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