MamaEarth’s parent acquires majority stake in Dr Sheth’s
Mamaearth’s parent Honasa Consumer has acquired Dr Sheth’s, a dermatologist-formulated premium skincare brand at a valuation of Rs 28 crore. As per the company, the primary round of funds will be directed to accelerate the future growth of the brand. While Honasa will control majority stake in Dr Sheth’s, the latter’s CEO Aneesh Sheth will continue to lead the business and product innovation for the brand. Currently, it caters to over 500 cities in India. Continue reading MamaEarth’s parent acquires majority stake in Dr Sheth’s at Entrackr.
Mamaearth’s parent Honasa Consumer has acquired Dr Sheth’s, a dermatologist-formulated premium skincare brand at a valuation of Rs 28 crore.
As per the company, the primary round of funds will be directed to accelerate the future growth of the brand. While Honasa will control majority stake in Dr Sheth’s, the latter’s CEO Aneesh Sheth will continue to lead the business and product innovation for the brand.
Currently, it caters to over 500 cities in India.
Continue reading MamaEarth’s parent acquires majority stake in Dr Sheth’s at Entrackr.
