Page 2 - Mamaearth

Peak XV Partners, other PE funds sell 7.94% in Mamaearth for Rs 1,276 cr

PN Gadgil Jewellers' IPO saw nearly 60 times more bids than shares on offer and attracted bids of more than Rs 48,100 crore

Peak XV Partners, 4 others sell stake worth Rs 1,601 cr in Honasa Consumer

Peak XV Partners (formerly Sequoia Capital India & SEA), and four others on Thursday divested a 10 per cent stake in Honasa Consumer, which owns Mamaearth brand, for Rs 1,601 crore through open market transactions, while ICICI Prudential Life Insurance and Morgan Stanley acquired stakes in the company. Peak XV Partners through its arm Peak XV Partners Investments VI, Fireside Ventures through its affiliate Fireside Ventures Investment Fund I, Sequoia Capital Global Growth Fund III-US/ India Annex Fund, Sofina and Stellaris Venture Partners India I sold more than 3.23 crore shares or 10 per cent stake in Honasa Consumer, as per the data. According to the bulk deal data available on the National Stock Exchange (NSE), Peak XV Partners sold over 1.23 crore shares or 3.81 per cent stake in Honasa Consumer and Fireside Ventures offloaded 65.83 lakh shares or 2.03 per cent stake in Gurugram-based company. In addition, Brussels-headquartered Sofina Ventures SA divested 60.15 lakh shares ..

Honasa Consumer down 6.1% after 2.06 mn shares change hands via block deals

Peak XV Partners, Sequoia Capital, Redwood Trust, Fireside Ventures, Stellaris Ventures, and Sofina Ventures were the likely sellers

Mamaearth's parent Honasa Consumer clocks all time high; here's why

Honasa Consumer got an order from NCLT regarding its scheme of amalgamation with Just4Kids Services and Fusion Cosmeceuticals

Quick commerce continues to be our fastest growing channel: Varun Alagh

He discussed the company's Q1 performance, festival season plans, challenges and future plans

Mamaearth parent net profit rises 62.7% to Rs 40.2 crore in Q1 FY25

In Q1 FY25, Honasa registered product business growth of 20.3 per cent, with underlying volume growth (UVG) of 25.2 per cent

Block deal: Mamaearth slides 5% after 6.6 mn shares change hands

Shares of Honasa Consumer, parent company of Mamaearth dropped by 4.8 per cent at Rs 435.05 per share on the BSE in Tuesday's early morning trades

Growing presence: D2C brands hitch a ride on the quick-commerce wagon

D2C brands growth in quick commerce has overtaken traditional e-commerce, and the channel is currently proving to be more profitable as well

Mamaearth parent acquires cosmetic formulation brand CosmoGenesis

Founded by Rohini Manoj in 2011, CosmoGenesis has until now facilitated over 5,000 cosmetic and personal care formulations for businesses in India using its fully-equipped, state-of-the-art laboratory

Honasa Consumer zooms 7% on record Q4 profit; should you buy, sell, hold?

Honasa Consumer stock price: The spurt comes as the beauty and personal care company reported its highest-ever net profit of Rs 30.5 crore in the March quarter of the financial year 2023-24 (Q4FY24)

Mamaearth Q4 results: Records highest-ever quarterly profit at Rs 30.5 cr

The company's consolidated revenue from operations grew 21 per cent year-on-year (Y-o-Y) to Rs 471.1 crore in Q4, up from Rs 387.9 crore a year ago and Rs 488.2 crore in Q3 FY24

Honasa Q4 results: Net profit up at Rs 30.48 cr over strong demand

Skincare firm Mamaearth's parent posted a near 22% rise in revenue from operations to Rs 471 crore

Mamaearth parent bets on Made-for-India goods in fastest-growing beauty mkt

Honasa's products are made with India's tropical weather and cultural nuances in mind, Alagh said. That's where we have an edge, he said

Honasa Consumer's The Derma Co hits annual revenue run rate of Rs 500 crore

The company's stock price was up by 4.8 per cent at the close of the market hours, on the back of the update from the company

Festival demand didn't meet expectations: Honasa Consumer CEO Varun Alagh

He dwells on the company's Q3 performance, challenges, and plans

Mamaearth Q3 results: Profit rises 264% to Rs 25.9 cr, revenue jumps 28%

Weak consumer demand impacts sequential performance

How Varun and Ghazal Alagh's Mamaearth became profitable D2C empire

Celebrating seven years of success, the company eyes future growth with a diversified portfolio and strong offline presence

Adani group, banks, RIL help Sensex end above 69,000, Nifty 20,850

Closing Bell on December 5, 2023: The S&P BSE Sensex crossed the 69,000-mark decisively and hit a record high of 69,381 during the day

D-Mart's Damani tops list of '200 Self-Made Entrepreneurs Of Millennia'

Sachin Bansal and Binny Bansal of Flipkart, Deepinder Goyal of Zomato among others in the list

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Around 70 distributors in Maharashtra and Goa are sitting on 90 days of inventory