Reuters reveals Indian skincare startup Mamaearth eyes $3 bln valuation in 2023 IPOon June 21, 2022 at 5:52 am

Reuters was first to report that Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion. Founded in 2016, Mamaearth has become popular in India with its range of “toxin-free” products such as face washes, shampoos and hair oils. It competes with Unilever’s India unit, Hindustan Unilever and Procter & Gamble Co in the booming personal care industry.

The post Reuters reveals Indian skincare startup Mamaearth eyes $3 bln valuation in 2023 IPO appeared first on Reuters News Agency.

Some of the links in this article are "affiliate links", a link with a special tracking code. This means if you click on an affiliate link and purchase the item, we will receive an affiliate commission. The price of the item is the same whether it is an affiliate link or not. Regardless, we only recommend products or services we believe will add value to our readers. By using the affiliate links, you are helping support our Website, and we genuinely appreciate your support.

Comments are closed.

Powered by WordPress.com.

Up ↑

Expat Life-Off Trek Asia
%d bloggers like this: