Friday, December 01, 2023
Outlook India
Outlook Business

Varun Alagh

Honasa Consumer Ltd. announced its results for the quarter ending September 30, 2023. It delivered Rs 961 crore revenue from operations with 33 per cent YOY growth

The D2C beauty and wellness company's IPO was subscribed 7.61 times on its final day, receiving bids for 22 crore shares against the issue size of 2.89 crore shares

The Derma Co. has achieved Rs. 30 Cr. monthly revenue in just 41 months of its inception, outpacing Mamaearth

The newly launched Aqualogicas brand focuses on consumer centricity and customisation for Indian skin, catering to over 1.2 million consumers

The second fund is determined to invest in 20-25 start-ups engaged in disruptive Artificial Intelligence and deep tech

The recently infused funds will be utilised to distribute software that automates processes for solar installers

The investment comes soon after pi Ventures announced an investment of Rs 22 crores from Belgium’s Colruyt Group in its second fund

Kikibix plans to use the funds to launch more product categories, build a team and enter more distribution channels across the country

The investment comes after pi Ventures announced the first closing of its second fund at Rs 303.5 crore ($40 million) in Jan 2022

Hoanasa earlier planned to utilise the prospects of the IPO in its marketing initiatives