Honasa Consumer

Honasa Consumer is a personal care-focused e-commerce platform which sells its products under the labels of Mamaearth, The Derma Co and House of Brands.

Honasa Consumer is creating products that are natural and safe for the entire family.

Honasa Consumer was founded in 2016 by Ghazal Alagh and Varun Alagh. The company is headquartered in Gurgaon, Haryana, India.

 

Honasa Consumer currently has a portfolio of around 140 products under Mamaearth, and over 40 products under The Derma Co.

 

Honasa's Mamaearth and Derma Co. have emerged as the hottest new-age consumer brands in India, riding the so-called direct-to-consumer (D2C) wave, where brands sell to consumers directly from their website or via e-commerce platforms rather than going the traditional and expensive offline route.

 

Honasa reaches out to over 1,000 cities with its brands like Mamaearth, The Derma Co and Aqualogica. It claims to have cumulatively sold them worth $1 billion.

 

Honasa is backed by Sequoia Capital Growth Fund III, Sofina Ventures SA, Evolvence Capital, Fireside Ventures, Stellaris Venture Partners, and others. The company raised $52M as part of its Series F on Jan 01, 2022. This brings Honasa's total funding to $110.8M to date. The latest round mints Honasa a unicorn with a valuation of $1.2B post-money.

 

 

  • Year founded: 2016
  • Funding Info: $110.8M over 6 Rounds (Latest Funding Type: Series F)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $1.2B as of Jan 01, 2022
  • City/Town: Gurgaon
  • State: Haryana
  • Country: India
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