Honasa’s Series F fund raise

  • Deal
  • January 4, 2022

JSA advised Honasa Consumer Private Limited (“Honasa”) in its capital fund raise from Sequoia Capital Growth Fund III – U.S./India Annex Fund, L.P. for Rs. 284 crores (approx. USD 38 million). This was Honasa’s Series F fund raise which resulted in it attaining the coveted Unicorn status, after achieving valuation of over USD 1 billion.

Honasa is in the business of manufacturing and selling goods and products under the brand name ‘Mamaearth’ and ‘The Derma Co.’

JSA team comprised Lead Partner – Lalit Kumar, Senior Associate – Amandeep Singh Virk, and Junior Associate – Zarish Ali.