Honasa Consumer Pvt. Ltd, the beauty and personal care conglomerate, has launched its first multi-brand store pan India at Seasons Mall in Pune, as announced by a mall representative on social media.
“Exciting news! Honasa Consumer Ltd. opens a new store at Seasons Mall. The first store in pan India in MBO format. Wishing them a year filled with success and growth,” said Aajjay Divatay, mall operations manager at Seasons Mall in a LinkedIn post.
Diverse Brands at Honasa Consumer’s Store:
The store showcases a variety of in-house beauty and personal care brands, such as Mamaearth, Aqualogica, The Derma Co, Ayuga, Dr. Sheth’s, and the hair care brand BBlunt.
Founded in 2016 by Varun Alagh and Ghazal Alagh, Honasa Consumer, adopting a digital-first approach, introduced Mamaearth, a toxin-free baby care brand. This brand subsequently expanded its offerings to include beauty and personal care products for adults.
In 2020, The Derma Co became a part of the conglomerate, and in 2021, Aqualogica and Ayug joined the lineup. The acquisitions of BBlunt and Dr. Sheth’s occurred in 2022, and in that same year, the parent company achieved an annual revenue milestone of INR 1,000 crores.
In October 2023, the company secured INR 765 crore from anchor investors ahead of its initial public offering (IPO).
Continue Exploring: Honasa’s Mamaearth IPO attracts INR 765.2 Crore from anchor investors ahead of IPO launch
