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New funding round also had participation by Belgium-based investment fund Sofina Ventures and the UAE-based India-focused fund Evolvence Capital, said the Gururam-based firm. Get more Small Business News and Business News on Zee Business.
Individual consideration centered web-based business stage Honasa Consumer, which sells its items under the marks of Mamaearth, The Derma Co, and House of Brands, on Saturday said it has brought $52 million up in the most recent subsidizing round drove by Sequoia, esteeming it at $1.2 billion, subsequently turning into the primary unicorn in the new year. The new subsidizing round additionally had cooperation by Belgium-based speculation store Sofina Ventures and the UAE-based India-centered asset Evolvence Capital, said the Gururam-based firm. The organization had before raised assets from Fi...
The company said it plans to deploy the funds towards expanding its portfolio of personal care D2C brands, venturing into new avenues with unique propositions.
Digital-first consumer brands platform Honasa, that owns personal care brands like Mamaearth, on Saturday said it has raised $52 million led by Sequoia, becoming the first Indian unicorn of 2022.Along with launching new brands, Honasa Consumer ...
Honasa Consumer, which sells its products under the labels of Mamaearth, The Derma Co and House of Brands, said it has raised $52 million in the latest funding round led by Sequoia