- Honasa Consumer Private Ltd, the parent firm of brands such as Mamaearth, The Derma Co and BBlunt has filed draft papers with Sebi for listing to raise funds through a combination of a fresh issue and an offer-for-sale.
- The net proceeds of the IPO will be used for advertisement expenses to improve brand visibility and awareness.
Mamaearth parent, Honasa files IPO papers
[Via]
