Saturday, November 9, 2024

The Derma Co

Honasa Consumer Ltd, the parent company of FMCG brands such as Mamaearth and The Derma Co, has increased its employee stock option plan (ESOP) pool by allocating 579,849 equity shares to its eligible employees. "We wish to...
Days after the Delhi High Court issued an interim stay on the Dubai court's INR 57 crore compensation ruling against Honasa Consumer, the court has now ordered the company's former distributor, RSM General Trading, to withdraw...

Honasa’s hair care brand BBLUNT reaches INR 100 Cr ARR, sees 4X growth since acquisition

Honasa Consumer Ltd's hair care brand BBLUNT c͏l͏a͏im͏s t͏o ha͏ve reached an ͏annu͏al revenue rate (ARR͏) of͏ IN͏R ͏1͏͏00 c͏rore͏. ͏Honasa, t͏he͏ ͏compan͏y͏͏ behind D2C͏...

Mamaearth parent Honasa Consumer shares tumble 6% intraday despite strong Q1 earnings

Honasa Consumer Ltd, the parent company of D2C brand Mamaearth, saw its shares fall by over 6% during intraday trading on Monday (August 12),...

Omnichannel beauty brands spark investment frenzy: ADIA leads $100M round in Purplle, MCaffeine & others gear up for funding

Beauty retailers and brands with omnichannel strategies are garnering significant investments from venture capital and private equity firms, fueled by increasing demand following the...

Mamaearth parent Honasa Consumer ordered to pay INR 56.6 Crores compensation to UAE distributor

Honasa Consumer Ltd, Mamaearth's parent company, has been directed by a UAE court order to pay compensation totaling INR 56.6 Crores to a former...

Honasa Consumer’s skincare brand The Derma Co hits INR 500 Cr ARR milestone

The Derma Co, a skincare brand under the umbrella of Honasa Consumer, the parent company of Mamaearth, reached an annual revenue rate of INR...

Mamaearth parent Honasa Consumer’s shares rally 10% on strong Q3 earnings

Shares of Honasa Consumer, the owner and operator of Mamaearth, saw a nearly 10% jump to reach the day's high of INR 475 on...

Honasa Consumer soars with a 93% YoY profit surge, reaching INR 29.4 Crore in the September quarter

Honasa Consumer reported a remarkable 93% year-on-year increase in its net profit, reaching INR 29.4 crore for the September quarter of the financial year...

The Derma Co outperforms Mamaearth with a staggering INR 30 Crore monthly revenue

IPO-bound Honasa Consumer's subsidiary, The Derma Co, is celebrating a significant achievement. In just 41 months since its inception, the company has successfully crossed...

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