Mamaearth is an Indian direct-to-consumer personal care brand selling toxin-free skincare, haircare and baby care products. It is the flagship brand of listed parent Honasa Consumer Limited, which also operates The Derma Co, Aqualogica and BBlunt.
1StartupFox story
2016Founded
D2C(Personal Care)Sector
May 2026Latest coverage
Funding
Mamaearth has raised $2.01B across 5 disclosed rounds.
$2.01BRaised
$1.70BLatest round
₹324Valuation
5Events
RoundNov 2023reported
$1.70B
InvestorsPublic issue, NSE and BSE (Honasa Consumer Ltd)
ValuationListed at ₹324/share; ~$1.3B market cap on debut
Tap any bar to see that round
Listed at ₹324/share; ~$1.3B market cap on debut
Nov 2023Round$1.70BPublic issue, NSE and BSE (Honasa Consumer Ltd) Listed at ₹324/share; ~$1.3B market cap on debut
Jan 2022Round$52MSequoia Capital India (Peak XV Partners), Sofina Ventures, Evolvence India $1.2B
Dec 2021Round$78MEvolvence India, Sofina Ventures, Sequoia Capital India (Peak XV Partners)
Jul 2021Round$50MSofina Ventures, Sequoia Capital India, Fireside Ventures, Stellaris Venture Partners $730M
Jan 2020Round$130MSequoia Capital India, Fireside Ventures, Stellaris Venture Partners
Valuation journey
Price marks from disclosed rounds — Mamaearth has been a unicorn since Jan 2022, last reported at $1.3B (unconfirmed).
Mamaearth is an Indian direct-to-consumer personal care brand selling toxin-free skincare, haircare and baby care products. It is the flagship brand of listed parent Honasa Consumer Limited, which also operates The Derma Co, Aqualogica and BBlunt.
Who founded Mamaearth?
Mamaearth is associated with Ghazal Alagh, Varun Alagh.
How much funding has Mamaearth raised?
Mamaearth has raised $2.01B across 5 disclosed rounds. The most recent was a $1.70B round in Nov 2023.
Who are Mamaearth's investors?
Disclosed investors in Mamaearth include Public issue, NSE and BSE (Honasa Consumer Ltd), Sequoia Capital India (Peak XV Partners), Sofina Ventures, Evolvence India, Sequoia Capital India, Fireside Ventures, Stellaris Venture Partners.
What is Mamaearth's valuation?
Mamaearth was last reported at Listed at ₹324/share; ~$1.3B market cap on debut, at the time of its round in Nov 2023.
Is Mamaearth profitable?
Per its FY26 consolidated filing, Mamaearth reported ₹2,392 Cr in revenue, with a ₹200 Cr profit.
What is the status of the Mamaearth IPO?
Listed on NSE & BSE since Nov 2023 (Honasa Consumer).
What is the latest news on Mamaearth?
The most recent StartupFox coverage is “Mamaearth Founders Join Deepinder Goyal's Temple Pilot, Wearing the Experimental Brain Tracker” (9 May 2026). All stories are listed on this page.
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