Monday, March 20, 2023
Outlook India
Outlook Business

Varun Alagh

Mamaearth's parent company, Honasa Consumer, filed the draft red hiring prospectus (DHRP) with Security Exchange Board of India (SEBI) last December

The company will utilise the post-IPO capital to improve brand visibility and set up outlets

The company targets to raise $300 million from a possible IPO at a valuation of $3 billion in 2023

Founded by Ashish Joshi and Nithya Sudhir, the music learning platform offers music education using modern pedagogy combined with technology to deliver elevated learning