#$52

Mamaearth’s parent company raises $52 million

Honasa Consumer, the parent company of Mamaearth, has raised $52 million in the latest round of the funding led by Sequoia Global at a valuation of $1.5 billion, an official statement highlighted. The round also saw participation from some existing investors like Belgian Sofinia Ventures SA and some new participants such as Evolence. Some existing investors like Fireside Ventures and Stellaris…