Share Market Highlights: Nifty settles near 19500, Sensex soars 330 pts; Bank Nifty above 45300, M&M, Apollo Hosp gain, FII DII data: FPI bought shares worth Rs 1,603.15 crore, DII sold shares worth Rs 439.01 crore on Wed, 5 July. Advertisement The startup is selling its products in the US, and it aims to enter the UK market soon. Hebrings in more than 10 years of experience of creating a superlative customer experience, having worked in diverse sectors including e-commerce, consumer internet, and technology. The Rs 5 pack of Parle-G has become the second Indian FMCG brand to cross the $1 billion mark in retail sales in a year, after Haldiram. It will offer the finest product to the market, transforming R for Rabbit into a one-stop destination for all the diapering needs. These tins, alongside Sleepy Owls official website, will be available for purchase across all major online marketplaces and will also be retailed offline via Foodhall, Modern Bazaar, Natures Basket, to name a few. The Derma Co. encourages its consumers to live life without filters and believes in treating skin concerns from within to reveal their true-beautiful-selves. She will be endorsing skincare products while advocating choosing the goodness of natural ingredients. The Parle Products flagship, which includes retail brands such as Parle G, Monaco, and Melody posted a sale of Rs 13,862 crore during the previous fiscal. U74999DL2016PLC306016 3,400,351,490 1,363,495,550 As per industry data, 80 percent of adults fall short of their prescribed Recommended Daily Intake (RDI) of protein by 20g. Some of the popular products by the brand are -Amla VC20 Vitamin C Serum, Haldi and Hyaluronic Acid Sleeping Mask, Cica and Ceramide Overnight Repair Serum, among others. It is a budding molecular skincare brand that offers a range of scientifically-backed products with visible results. Ltd. (HCPL), the parent company of Mamaearth and The Derma Co., and the fastest-growing House of Brands for personal care has acquired female-oriented content platform, Momspresso, and associated influencer-engagement platform, MomspressoMyMoney. Assessment Jury - e4m events Besides this, it is tapping into the D2C segment with its super cleansers. The company's co-founder, Preeta Sukhtankar, will move away from her operating role to an advisory one, while the other co-founders Yashika Punjabee and Sonam Shah, who was brought on board in 2016 will join the direct-to-consumer house of brands. Not many Indian personal care brands have catered specifically to the needs of the curly-haired community. Abhay Hanjura and Vivek Gupta, Co-Founders, Licious, said, Throughout our 6 years journey we have been supported by some of the best andbrightest from India Inc. Not only have they contributed immensely to the growth of the company, but also to our knowledge and understanding of the complex business ecosystem that we operate in. Ltd. Nandagopal Nair . InstaFinancials - Indian OPC, LLP, Private, Public Company Information This includes spearheading agile initiatives, building for the future, and prudent risk management. The Good Glamm Group-Organic Harvest partnership came about on a shared vision to leverage content-to commerce to exponentially grow the organic BC (beauty and personal care) category. In the last 2 years, Pepperfry Studios have emerged as a key touchpoint for consumer engagement and a great marketing channel. The goal is to expand our reach beyond the current regions through a robust supply chain network and strengthen our community of farmers, thus building a strong presence in the industry.. Today, even when Pepperfry is already a household brand I feel we have just scratched the surface. Ltd. (HCPL), the parent company of Mamaearth, and The Derma Co., and the fastest-growing House of Brands for personal care, has acquired Dr. Sheth's, a dermatologist-formulated premium skincare brand designed exclusively for Indian skin by three generations of skin doctors. Join Ventures, house of D2C brands for celebrations announced the expansion of its large-scale warehousing facility at Jaipur by 50,000 square feet to strengthen its already impressive fulfillment infrastructure of 3 mother warehouses and 20 dark stores. MINS can effortlessly become a part of men's daily schedule, no matter how hectic and busy. The brand received funding of Rs 75 lakhfor 21 percent equity from SUGAR Cosmetics, MamaEarth, and Emcure Pharmaceuticals in the 1st edition of Shark Tank India. Honasa Consumer Ltd IPO Valuation The approx valuation of Honasa Consumer Ltd IPO based on its price band and RHP/DRHP (prospectus) is: Honasa Consumer Ltd IPO Issue Size He was recognized as the Digital Leader of the year - 2018 by IAMAI for the retention and consumer lifecycle engine that was successfully implemented for the business and brought significant efficiencies in retention spending. Leading FMCG personal care brand WOW Skin Science has appointed Gurpinder Singh Walia as the Senior Vice President - Offline Sales. An expert in her own rights, Meeta Aggarwal, will focus on driving profitable and sustainable growth, cost efficiencies, effective working capital management and strong governance/ controls for Licious. It is a marketplace dedicated to everything organic. We look forward to a great journey ahead and we wish the team at Cloud Tailor great success in the years to come., Hormazd Charna, CEO, MergerDomo, said, "I am extremely impressed with the founding teams vision and execution abilities. The warehouse expansion has also streamlined logistics and package handling for Join Ventures portfolio brands, increasing the delivery capacity for the company by 4 to 5 times while creating a more efficient order flow from the companys artisanal supply chain to the end customer. The Premium Instant Coffee will furthermore cater to the needs of a variety of coffee drinkers, be it the ones hooked on to their black coffee or the ones who prefer it frothy and milky. She has partnered with the brand showcasing her trust towards Ayurveda and Kapivas product solutions across various lifestyle issues faced by millennials. "Naario was built with the mission to touch the lives of millions of women who have talent but no resources to realize their dreams. Founded in 2010, Momspresso has emerged as one of Indias largest and most engaged communities of women. The company Honasa Consumer Private Limited is registered with RoC-Delhi and its primary location is Delhi in the country India. With more and more young and eco-conscious consumers across the country shifting their choices towards the unparalleled benefits of organic ingredients, we look forward to well-positioning ourselves to emerge as the pioneer in this clean beauty space. Fuelled by over 47 million internet users in India, e-commerce is at an all-time high, with more brands seizing the opportunity to reach users through D2C. The protein powder will add immense value by providing natural food fortification and help Millennials meet their daily nutritional requirements.. For the last 2 years, we have been trying to understand the mystery of why Ayurveda has not been able to capture the fancy of Millennials the way Yoga has. Ltd. Total funding: $126 M (Till January 2023) Valuation: $2 bn (December 2022) Revenue: $117.8 million (Rs 943 crore in FY22) Website: www.mamaearth.in: Mamaearth - About and How it Works . Khullars deep understanding of business growth and scalability, media, and data technology are only a few things that make him the perfect fit for vice president, business. Commenting on the partnership Aneesh Sheth said,We are very excited about the partnership with HCPL - they bring a level of operational excellence that will make our expertise and our products accessible to a wider community. The Centre had on May 19 promulgated the Government of National Capital Territory of Delhi (Amendment) Ordinance, 2023 to create an authority for transfer and posting of Group-A officers in Delhi. Its products are never tested on animals, are ethically produced, and use only sustainable packaging. Prior to joining Licious, shewas the Chief Financial Officer - India and Southeast Asia at Anheuser Busch-InBev India. Ananth Narayanan, Founder, and CEO of Mensa Brands said, RENEE Cosmetics has established a unique positioning and garnered customer love in the competitive beauty market. Varun Alagh, Co-Founder and CEO, Honasa Consumer Pvt. Signup now, Please provide your company name Name must contain characters only Name is too short Name must not exceed 70 characters, Please provide your Email Address Incorrect Email Address {{registerMessage}}. Diksha Madaan - Senior Community Executive - Honasa Consumer Ltd Priyank Shah, Co-founder, RENEE Cosmetics said, We have achieved 400 percent growth this quarter and have set ambitious targets for the brand going forward. Furthermore, the pandemic has brought about some structural shifts in consumer choices and shopping behavior in India. The round also included a few international investments. The brand survey also revealed that most of the respondents who preferred clean beauty products were women and men in the age group of 25-35. Jatin Gujrati, Business Head Vedix says, Vedix continues being at the cutting edge of innovation and R&D in Ayurveda to deliver efficacy Beauty solutions in a modern format. Detailing the facts necessitating the promulgation of the ordinance, the Centre said immediately after the pronouncement of May 11 judgment by the apex court, Chief Minister Arvind Kejriwal had met the Lieutenant Governor and the LG had specially informed him that the verdict is sacrosanct for him and should be followed in letter and spirit. The Sleep Company, Asias SmartGRID technology pioneers, and advocates of the sleep-tech movement launcheditslatest transformative innovations - the Elev8 Smart Adjustable Bed Frame and the Smart Ortho Hybrid Pocketed Spring Mattress. 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With this launch, Kapiva strengthens its vision of integrating Ayurveda into Indias daily lifestyle and promoting holistic living. OZiva, one of Indias leading certified clean, plant-based nutrition and wellness brands, announced the launch of OZiva Kids Superfood Growth Protein Drink, a clean protein blend, fortified with 6 Ayurvedic herbs and 27 essential vitamins and minerals catering to the daily protein needs of kids aged 5 and above. With the growth capital and operational support provided by the team, we hope to quickly realize Frangipanis future potential of being a 100-crore brand. READ MORE:D2C Vegan Lifestyle Brand Zouk Aims Expansion in Indian and Global Markets. The company is committed to bringing in this world a pure and world-class certified organic personal care brand. Furthermore, we believe there is huge scope for leveraging technology in this space. Subscribe to World's No. Know in details here, Redevelopment work of Dakaniya Talav Railway Station is in full swing Details inside, The Sass Bar to Tagz: Here are 7 Indian brands that excelled in business post Shark Tank, HOUSING DEVELOPMENT FINANCE CORP SHARE PRICE, May Economic Review says frail global demand may challenge FY24 growth outlook. We wish to create an aura of vibrancy around our range of authentic ayurvedic products of this color. The Good Glamm Group's current revenue run rate is at about $150 million and is projected to touch $250 million by March 2022. Please enter your password Incorrect password, Don't have an account? Gummies as a format are likely to take off in a big way, given the convenience factor. I am super excited to be a part of this truly differentiated journey and look forward to taking some strategically bold initiatives and making a lasting impact in the hypergrowth future for the brand, Aswal said. According to the companys official statement, the funds raised will be used to scale up the company's sales, ramp up brand marketing and expand its online and offline presence across India. Recently, the brand also won the Best Vegan Cosmetics award at the PETA Indias Vegan Fashion Awards. Akhilesh will be working closely with the leadership team to build a world-class omnichannel sales system that delivers better business results and customer experience. The round witnessed participation by Sofina Ventures SA, the Belgium-based investment company, and Evolvence, a UAE-based India-focused fund. Lahori, a direct-to-consumer beverage maker, has raised $15 million from Verlinvest as part of its Series A funding round. We will scale our store presence from 50,000 to 200,000 selling points across India and aim to grab a 15 percent+ share in hair removal in these stores. Rishi Vasudev, Co-founder, and CEO of G.O.A.T Brand Labs said, Each of our acquisitions is special, so we will unveil them one at a time. the digital expertise of HCPL, will help scale the business of Dr. Sheths and further strengthen the leadership of HCPL in digital-first brands. It is registered at RoC-Delhi. Nykaa was the natural choice to launch our brand in the country as it is innovative on every level providing customers access to experience beauty both personally and digitally. Ravindra Jadeja is regarded as one of Indias top athletes as he played his debut game at the age of 16 in the world of cricket. I am excited, to say the least, and look forward to being part of the Licious journey.. The current product portfolio includes the 9-in-1 flour mix, all-rounder garam masala, classic muesli and rose sherbet, to name a few. Gurpinder Singh Walia, Senior Vice President of Offline Sales said, "WOW has led an iconic journey through its vast online presence in a country that is 90 percent rooted in offline experiential. IDAM House Of Brands has brought on board Rajat Khullar as itsgroup vice president, business. allowed. Our USP has been the high trust and authenticity of our products and we will be investing in building this further to become a market leader for Organic Ayurveda beauty and wellness products., Sameer Guglani of Supermorpheus stated, "When we initially interacted with Mudit and Life and Pursuits, what stood out for us was the deep knowledge and commitment along with the long-term orientation and vision of the team. It only takes a minute. One of the fastest-growing brands in the cocktail mixer category, Jimmys Cocktails is witnessing an MoM revenue growth of 180 percent and is on track to cross $3 million in revenue FY22. Within six months, Fluid Ventures has invested in a Jaipur-based leading digital retailer of fabrics, Fabriclore as their debut investment, followed by, Bangalore based sustainable safe wooden toys brand Shumee Toys and Wallmantra, Delhi NCR based Wall Decor and home furnishing company marking as the third investment from the fund. An accomplished young leader for digital businesses, hewill be spearheading all efforts towards driving growth for Licious across all channels as it enters a post-unicorn era. We are happy to collaborate with a platform like Bewakoof.com that shares a similar brand ethos with regards to the product offerings for our ever-dynamic consumers. Mamaearth's parent firm reports nearly 1,000 crore in - Mint The MINS are specifically designed for liberal and upbeat men focusing on self-love and leading an elevated lifestyle. Esk stands out as an emerging premium lifestyle Indian brand known for its innovative designs, sustainable and environment-friendly leather and vegan products, and is on its way to becoming a category leader.. Were delighted to have her on board as Aratas CurlFriend someone who is the best advocate for our new Advanced Curl Care Hair Styling Gel, in the most befitting manner. Dhruv Madhok and Dhruv Bhasin, Founders Arata. Varun Alagh | LinkedIn As a brand, we encourage people to adapt to gummies to follow a healthier lifestyle and be the best version of themselves, he added. And this is where we come in, had it only been about convenience or functionality- there are established players in the market that are already catering to that. Darpan Sanghvi, Co-founder, and Group CEO, The Good Glamm Group said, "Not only have we invested in Sirona, but Bajajhas also invested in the Good Glamm Group in his personal capacity. The company is uniquely capitalized with two global, strategic giants Colgate Palmolive and Reckitt on their cap table. "To elaborate the above, the officers working in the vigilance department, that is the department which handles serious vigilance issues relating to complaints of corruption, thus involving, criminal and other politically sensitive cases, came to be specifically targeted by the elected government," the Centre said in its affidavit. And making skincare affordable and accessible with respect to different skin and hair needs. Pragya brings with her strong knowledge on marketing across the value chain with consumers, influences and channel partners with expertise in consumer insights, brand management, influencer advocacy, innovation and digital platforms . The products are formulated knowing that Indian skin is unique and requires specialized care. A changed logo color from slate grey to violet gives a sense of refreshing color of goodness, inspiration, youthfulness, and a better tomorrow. Nikhil Mishra - Senior Data Engineer - Honasa Consumer Ltd. | LinkedIn Bajaj further added, "Our aspiration is to keep disrupting in the category. With this funding, Sirona's early investors have taken exit with 6x to 20x returns.. Ashwajeet Singh, Co-founder, Sleepy Owl Coffee said, The concept of 'Instant Coffee'in India is not merely a function of simplified process and time. Launched in 2016, BSC started as a premium, D2C, experiential shaving regimen brand and has since expanded into diverse hair removal categories. We are delighted to have investors of such caliber join our cap table. Honasa secures $50 million in funding led by Sofina Ventures SA Ayouthveda as a brand has withstood the impact of the pandemic with solidarity, humanity, and empathy and has redesigned the logo with the same belief. Post the onset of the pandemic, Lotus Herbals has made strategic investments in emerging beauty brands over the past eighteen months with the 100 percent acquisition of the luxury Ayurveda brand SoulTree in September 2020, followed by a 32 percent stake buy in the Dermaceutical Company Fix Derma India in October 2021 and its most recent investment in Conscious Chemist. We launched the entire onion range keeping in mind our unique formulations and given our Ayurveda-led deep understanding, we have bought this exclusive range in a modern format which is highly customized for normal to oily and dry scalp, he added. The brand has been displaying glow signages, flanges, and dealer signboards along with showing larger-than-life cutouts in its elegant and stylish stores. This series C is the 6th round of financing for the company that counts Reckitt, Colgate Palmolive, Sixth Sense Venture Partners, and industry powerlifters (including former vice-chairman of TCS S Ramadorai and 16 senior partners from McKinsey and Company) as investors. Honasa Consumer Private Limited is an Indian private company incorporated on 16/09/2016 and its registered office address is 71,Mausam Apartment, West Enclave, Pitampura, New Delhi New ,Delhi,Delhi,India,110034. ". Momspresso also runs MyMoney, a unique platform for micro-influencers to engage with consumers in the new-age economy. His role will also entail contributing to the development, implementation, monitoring, and review of business strategies that maximize the brand's retail top and bottom line. Available as a 30-day regime package, Glow Mix is a vegan, gluten-free, soy-free, and non-GMO (genetically modified organisms) product, targeted at women in the age group 21-40. The end goal is to make doing trading simple and safe, 2020 iConnect Business pvt ltd. All rights reserved, Hello {{userInfo.first_name||userInfo.userName}}, BESTWAY HOSPITALITY AND SERVICES PRIVATELIMITED, SHRIMATE SURVEILLANCE SYSTEM PRIVATE LIMITED, OMM SAI DIVINE CONSTRUCTION PRIVATE LIMITED, KTN SHINE EDGE TECHNOLOGIES PRIVATE LIMITED, S3 CONSTRUCTION INTERIORS PRIVATE LIMITED, #Activities of caterers#,Caterers undertaking home delivery services \x26 providing lunch boxes to work places,Catering services by caterers,Home delivery services \x26 providing lunch boxes to work place, by caterers,Services, catering, #Software publishing, consultancy and supply#, Leasing out of self owned residential building,#Operating of real estate of self owned residential buildings#,Renting out of self owned residential building. The aggressive growth of all three brands posed certain operational challenges such as inventory and bulk order management with complete compliance, return order management, order allocation, and logistics management. Over the last 12 months, the brand has exhibited strong growth metrics that speak of its capability as an emerging player. Please enter the verification token below. In my last role i managed one of the worlds most valuable brands Coca . Cloud Tailor was instantly associated with India Discovery Fund -I, an Angel fund of 35North Ventures, a registered VC on MergerDomo's algorithm-based investment banking platform, as its industry stage, size, and investment requirement matched the thesis of India Discovery Fund-I. Skippi Ice Pops created history becoming the 1st brand on Shark Tank India to receive an 'AllShark Deal'. BSC has a rich portfolio of over 100 SKUs comprising hair removal products for both men and women. I look forward to achieving many more milestones with him., Nayar said, Our common will to build global homegrown brands andefficient businesses are what binds Aakash and me. Gupta said the company will aim at 15-20 percent growth in turnover, and 10-15 percent in profit over the last fiscal. He added that Organic Harvest will have access to data-driven insights from the group's content platforms into what consumers are looking for along with a strategic approach towards influencer marketing with Good Creator Co's full stack of influencer marketing services and solutions to create meaningful campaigns with measurable ROI. Mamaearth parent company Honasa becomes 1st unicorn of 2022 - Zee News Since protein builds an individuals entire body and also repairs its cells and tissues, it is important to consume adequate amounts of protein. The top court had recently issued notices to the Centre and the lieutenant governor on the plea while refusing to grant an interim stay on the ordinance on control over services in Delhi. The Vitamin C Face Wash with paper tube packaging, 30 percent PCR packaging, and many other upcoming initiatives are a testament to their efforts. ", Yogesh Kabra, Founder XYXX Innerwear, says, Marketplaces have made aspirational products and brands sell like commodities. The furniture range comes in a DIY format and can be assembled without any tools with great ease. [this Class Includes Service Activities Generally Delivered TO Commercial Clients]. Honasa Consumer acquires majority stake in Dr. Sheth's It isn't a regular investor-investee relationship.". The paid up capital of Honasa Consumer Private Limited is INR 100,000 and its authorized capital is 100,000. Pampers (P&G group), MamyPoko (Unicharm), Huggies (Kimberley Clark), Himalaya, and other organized competitors dominate the baby diaper industry. Also, we are happy to provide Rs 45 crore exits to our employees and early investors, a significant value creation milestone for us, he added. Honasa Consumer Pvt Ltd (HCPL), which runs personal care brand Mamaearth, on Monday said it has raised $50 million (372.4 crore) in funding led by Sofina Ventures SA.
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