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1380

Varun Alagh

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Varun Alagh
CEO & Co-Founder ofNot specified in the article (2011)
About

Varun Alagh is Co-Founder and CEO of Honasa Consumer Ltd., India's largest digital-first beauty and personal care company, parent of Mamaearth and five other brands. He is also an active angel investor with a portfolio of over 70 startups.

Before founding

Varun holds a degree in Electrical Engineering from Delhi College of Engineering and an MBA from XLRI Jamshedpur. He worked at Hindustan Unilever, Diageo managing Smirnoff, and Coca-Cola as Senior Brand Manager across India and South West Asia for 9 years.

Founder Insights

Varun co-founded Honasa in 2016 with his wife Ghazal Alagh to create toxin-free baby care products after their son was diagnosed with eczema. Mamaearth became Asia's first MadeSafe certified brand and reached Rs 1,000 crore revenue within 6 years.

Experience

Honasa became India's first unicorn of 2022, raising $52 million at $1.2 billion valuation led by Sequoia. The company went public in November 2023 at Rs 10,500 crore valuation with IPO oversubscribed 7.6 times.

Scale & Impact

Under Varun's leadership, Honasa expanded from 1 brand to 6 brands (Mamaearth, The Derma Co., Aqualogica, BBlunt, Dr. Sheth's, Ayuga) and grew revenue to Rs 1,493 crore in FY23. The company serves customers across 18,600+ pin codes with 154,000+ retail points.

1380

Varun Alagh

Not specified in the article
Investor
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Varun Alagh

Company(s)

Not specified in the article

Industry

other

Stage/Funding

N/A

Company Location

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About

Varun Alagh is Co-Founder and CEO of Honasa Consumer Ltd., India's largest digital-first beauty and personal care company, parent of Mamaearth and five other brands. He is also an active angel investor with a portfolio of over 70 startups.

Before founding

Varun holds a degree in Electrical Engineering from Delhi College of Engineering and an MBA from XLRI Jamshedpur. He worked at Hindustan Unilever, Diageo managing Smirnoff, and Coca-Cola as Senior Brand Manager across India and South West Asia for 9 years.

Founder Insights

Varun co-founded Honasa in 2016 with his wife Ghazal Alagh to create toxin-free baby care products after their son was diagnosed with eczema. Mamaearth became Asia's first MadeSafe certified brand and reached Rs 1,000 crore revenue within 6 years.

Experience

Honasa became India's first unicorn of 2022, raising $52 million at $1.2 billion valuation led by Sequoia. The company went public in November 2023 at Rs 10,500 crore valuation with IPO oversubscribed 7.6 times.

Scale & Impact

Under Varun's leadership, Honasa expanded from 1 brand to 6 brands (Mamaearth, The Derma Co., Aqualogica, BBlunt, Dr. Sheth's, Ayuga) and grew revenue to Rs 1,493 crore in FY23. The company serves customers across 18,600+ pin codes with 154,000+ retail points.

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