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Mama Earth Turns Unicorn, Profits Increase 2X
Mama Earth, founded by Varun and Gazal Alagh, is a D2C (direct-to-consumer) skincare and beauty brand. It has been in the news since the airing of the first season of “Shark Tank India”.This company turned unicorn in the financial year 2022. This happened after it raised USD 52 mn in a series F funding round. This funding was led by Sequoia Capital.In terms of numbers, Mama Earth’s annual revenue grew more than two times, from INR 460 crores to INR 943 crores in the last year. The company has profited significantly in the financial year of 2022.In addition, the company
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Mama Earth, founded by Varun and Gazal Alagh, is a D2C (direct-to-consumer) skincare and beauty brand. It has been in the news since the airing of the first season of “Shark Tank India”.This company turned unicorn in the financial year 2022. This happened after it raised USD 52 mn in a series F funding round. This funding was led by Sequoia Capital.In terms of numbers, Mama Earth’s annual revenue grew more than two times, from INR 460 crores to INR 943 crores in the last year. The company has profited significantly in the financial year of 2022.In addition, the company […]
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