Mamaearth Wikipedia, Revenue, Networth, Found
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Who is Varun Alagh?
Varun Alagh is the founder and CEO of Honasa Consumer Private Limited, which launched its first-ever baby food brand, Mamaearth in November 2016. The company is located in Gurugram, India. Mamaearth is regarded as the premier MadeSafe accredited brand. Varun created the non-toxic hair, beauty, baby face and body care line, Mamaearth, along with his wife Ghazal Alagh. She plays the primary role of Chief Mama in the company. The value of the company is currently estimated to be higher than $1.2 Billion as of January 3, 2022.
With an innovative line of products, Mamaearth has attempted to address a prevalent Indian parenting issue. In a nation where the majority of baby products on the market are not safe, Mamaearth offers products that are safe according to international standards and brimming with natural goodness.
Mamaearth is frequently praised as the first Asian brand to be awarded a “MADE SAFE” certification. The products Mamaearth provides to the market are free of any known toxins which are prohibited in many countries. In addition to being a brand for commercial use, Mamaearth takes great pride in producing products that are made of love and affection. If you’re curious about the country/origination of Mamaearth The company is located in India and has its headquarters in Gurugram (Gurgaon), India.
What are Products?
Mamaearth is a brand that focuses on infants and other children with an exclusive line of products that is geared towards baby care as well as skincare, haircare and more. There are more than 140 products that are natural within its range. The most ingenious products created by Mamaearth include the first baby wipes made of bamboo and a tummy roll-on that is easy to apply with Hing and Fennel to help with digestion and colic relief, and a 100% organic, plant-based toothpaste suitable for kids aged 0-10. Mamaearth also offers a variety of hair and skin products for hair and skin care that are based on popular natural ingredients like onion Ubtan, tea tree vitamin C argan, coco and charcoal.
It’s expanded its offerings not just to accommodate babies, but also their mothers with a variety of products including sunscreen and stretch mark remover serum. It’s all about the different things motherhood does. The most loved is their onion line of products designed specifically designed for mothers.
What are Revenues?
When Mamaearth was first launched in the year 2016 there were only six products available in its catalogue. The current range of products comprises more than 140 organic and non-toxic products, which are being used by more than 1.5 million Indian customers. Additionally, Mamaearth is accessible in more than 700 cities.
The company has been praised for the success it has started to attain since it was launched. Mamaearth was able to grow quickly, reaching the company experiencing a revenue deficit of 30 per cent in only 6 months of operation. Mamaearth began selling exclusively on the internet, and its customers were brand new. The company began to attract customers directly. Mamaearth reached the milestone of 2 crores of revenue however, that wasn’t the highest that Mamaearth reached. The company then hired Shilpa Shetty as an angel influencer, which brought her into the world of influencers moms. In this way, the company was soon able to reach an impressive milestone, which was 100K clients, and by the end of 2019, it was able to earn an annual revenue of 25 million rupees. In the year 2020, Mamaearth hit the milestone of 100 million in revenue in only 3 years of being in operation.
In the wake of covid19, Mamaearth was hit hard. Covid19 incident, Mamaearth simply got a Covid boost in its expansion. Physical stores had been shut down, but the business of Varun as well as Ghazal Alagh-led brands soared on the internet. Mamaearth earned Rs.460 crore in revenues by 2021’s end and following 2022, it became a unicorn. It is vital to point out that Mamaearth is also now profitable and is contemplating an IPO in the near future with a $3 billion valuation on the table.
Net Worth
| Net Worth | $126 M |
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