- Ghazal Alagh, cofounder of Mamaearth, denies rumours of the company’s IPO valuation.
- The parent company Honasa Consumer will issue new shares worth Rs 400 crore in the IPO.
- The IPO will also include an offer-for-sale (OFS) component of 46.82 million shares.
Ghazal Alagh refutes Mamaearth’s IPO valuation rumours

[Via]