Honasa Consumer called the acquisition a "strategic expansion" that targets India's fast-growing nutraceuticals segment which is currently valued at more than Rs 16,000 crore.
Honasa Consumer, the parent company of Mamaearth, has acquired a 58% stake in a nutraceuticals firm. This strategic move marks Mamaearth's entry into the 'beauty-from-within' segment, leveraging India's fast-growing nutraceuticals market. The segment is currently valued at over…
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