Honasa Consumer Ltd., the holding entity of Mamaearth, The Derma Co., Aqualogica, and Dr. Sheths, has acquired the assets of CosmoGenesis Labs. Renowned for its expertise in cosmetic formulation and development, particularly in premium skincare solutions, CosmoGenesis Labs will significantly bolster Honasa’s research-driven innovation capabilities. This acquisition underscores Honasa’s steadfast dedication to pioneering product development tailored for the Indian consumer market.
Founded in 2011 by Rohini Manoj, CosmoGenesis has risen as a prominent player in cosmetic formulation and development within India. Fueled by a dedication to innovation and excellence, CosmoGenesis has played a pivotal role in crafting over 5000 cosmetic and personal care formulations for enterprises throughout the country.
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Ghazal Alagh, CIO and Co-founder of Honasa Consumer Limited, commented, “Innovation has always been at the core of Honasa Consumer, and our data-driven consumer research has kept us ahead in the personal care segment. This strategic alliance with CosmoGenesis will significantly enhance our ability to research new trends more efficiently and help us create best-in-class products. It sets the foundation for transformative growth and innovation in profound ways. This acquisition empowers us to explore new sub-categories, leverage cutting-edge research and development, and ultimately deliver exceptional value to our consumers. With CosmoGenesis joining the Honasa family, we are confident that we will drive meaningful growth and make a lasting impact in the beauty industry, while staying true to our values of innovation, quality, and sustainability. Together, we are set to elevate skincare standards, providing unparalleled benefits to our consumers, employees, and stakeholders.”
R&D Expertise and Facilities at CosmoGenesis
The R&D team at CosmoGenesis boasts extensive expertise in cosmetics and significant experience in developing natural and organic formulations. With a state-of-the-art, fully equipped laboratory, CosmoGenesis demonstrates a commitment to excellence, offering global knowledge and support to both emerging companies and established brands worldwide.
“We’ve collaborated with Honasa Consumer for a while now, producing some remarkable innovations. Joining forces with Honasa fills me with excitement for the vast potential this partnership brings. Our mutual dedication to innovation and excellence, especially in botanical ingredients and natural beauty care, assures that we’ll keep crafting groundbreaking products our consumers can rely on,” expressed Rohini Manoj, Founder of CosmoGenesis.
Teaming up with CosmoGenesis, Honasa is committed to offering an extended range of groundbreaking, safe, and scientifically validated skincare solutions to modern and future generations of consumers.
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