Honasa Consumer Ltd
Honasa Consumer Ltd Company History
Honasa Consumer is principally engaged in trading of variety of beauty and personal care products and related services with products across baby care, skin care, hair and other related personal care categories, which are manufactured through third party contract manufacturers under the brand name of 'Mamaearth', 'The Derma Co', 'BBlunt', 'Aqualogica', 'Ayuga' and 'Dr.Sheth's' and services comprises of beauty salon and hair styling services (under the trademark 'BBlunt') as well as content development and influencer marketing (with its online platform 'Momspresso.com'). The Company, together with its subsidiaries, sells its products and services primarily in India.
2016
The Company launched the flagship brand Mamaearth that focuses on developing toxin-free beauty products made with natural ingredients
2016
2017
Raised funding led by Fireside
2017
2018
Shilpa Shetty Kundra invested in the Company
Raised funding led by Stellaris
2018
2020
Launched ÂThe Derma Co.  the science-backed product powered with active ingredients
Raised funding led by PXV VI
Crossed annual revenue of Rs.1,000 million in Financial Year 2020
2020
2021
Raised funding led by Sofina
Launched Aqualogica  the hydrating skincare brand designed for Indian skin types
Launched the 1st EBO for Mamaearth
Launched Ayuga  the ayurvedic product in easy-to-use, modern formats for Indian millennials
Acquired Momspresso  a content platform providing meaningful and relevant content to women
2021
2022
Acquired BBlunt  professional hair care and styling products enabling salon like experience at home
Acquired Dr. Sheth's  A bio-actives based skincare designed by three-generations of skin specialist
Launched the ÂMamaearth x Femina Beautiful Indians campaign to recognise and reward acts of goodness in society
Mamaearth emerged as the fastest growing BPC brand in India to reach an annual revenue of Rs. 10,000 million (in the preceding 12 months) within six years of launch (Source: RedSeer Report)
2022
2023
Revenue from offline channels crossed Rs. 5,000 million in Financial Year 2023
2023
