Company Research Report: Honasa Consumer Limited
Company Overview
Name
Honasa Consumer Limited
Mission
Honasa Consumer Limited is a digital-first house of brands catering to the diverse needs of millennial customers. The company aims to build a new generation of beauty and personal care brands driven by purpose, powered by technology, and focused on evolving consumer needs.
Founded
2016
Founders
Varun Alagh and Ghazal Alagh
Key People
- Varun Alagh: Whole-Time Director & CEO
- Ghazal Alagh: Whole-Time Director & CIO
- Zairus Master: Chief Business Officer
- Anuja Mishra: Chief Marketing Officer
- Jayant Chauhan: Chief Product & Technology Officer
- Raman Preet Sohi: Chief Finance Officer
- Abhishek Raj Pandey: SVP, Commercials Ops
- Karanveer Bajwa: SVP, Human Resource
Headquarters
No information is available
Number of Employees
No information is available
Revenue
No information is available
Known For
Honasa Consumer Limited is known for its digital-first approach to beauty and personal care (BPC) products. The company offers a range of brands designed to meet the needs of millennial consumers. It is recognized for its commitment to sustainability and clean beauty, with brands that offer toxin-free, cruelty-free, and environmentally friendly products.
Products
Mamaearth
- Description: A brand for hair, skin, body, and baby care, as well as color cosmetics.
- Key Features: Natural ingredients, toxin-free, cruelty-free, plastic-positive.
The Derma Co.
- Description: Science-backed skincare designed to treat issues such as acne, pigmentation, and scars.
- Key Features: Potent active ingredients, transparency regarding ingredient percentages.
Aqualogica
- Description: Skincare products designed for the Indian climate and skin types.
- Key Features: Water Lock Technology™, vegan, cruelty-free, free from toxic elements.
BBlunt
- Description: Hair care and styling products that bring salon-like experience at home.
- Key Features: Cruelty-free, latest trends in hair care.
Dr. Sheth’s
- Description: Skincare products combining active ingredients with botanical ingredients.
- Key Features: Designed for Indian skin types, backed by generations of dermatologists.
BBlunt Salons
- Description: Salons providing high-quality hair styling and beauty services.
- Key Features: Expertly trained stylists, high standards of service.
Staze 9to9
- Description: High-performance, long-lasting makeup designed for Indian skin tones.
- Key Features: C-Lock Technology™, long-stay formulations.
Recent Developments
New Products Launched
- Staze: A new brand aimed at Gen Z users, focusing on studio-finish makeup with long-stay formulations.
- Moisturizing Lotion Soaps: Expansion into the personal wash category.
New Features Added to Existing Products
- The Derma Co.: Achieved Rs 500 crore annual revenue rate.
- Aqualogica: Homegrown brand has clocked Rs 150 crore in annual recurring revenue.
New Partnerships
- Mamaearth Partners with Apollo Pharmacy: For wider consumer accessibility.
- Dr. Sheth’s and Doctors For You (DFY): Launched a health mobile van for rural communities in Bihar.
Other Developments
- IPO: Honasa Consumer mobilized Rs 765 crore from anchor investors ahead of its IPO.
- Expansion: Mamaearth celebrated a milestone with the opening of its 100th store.
- Awards: Honasa was certified as a Great Place To Work for the fourth consecutive year.
This report consolidates available data about Honasa Consumer Limited, covering its mission, key people, product offerings, and recent developments. Note that some fields are marked as "No information is available" due to the absence of specific data.
