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Honasa Consumer acquires CosmoGenesis Labs for ₹4 crore to bolster skincare portfolio

May 27, 2024

Acquiring Company

Honasa Consumer Limited

Acquired Company

CosmoGenesis Labs

GurgaonMumbaiHealth CareFashionBeautyCosmeticsHealth CareBeautyCosmetics

Description

Honasa Consumer Limited, the parent company of MamaEarth, has acquired the assets of CosmoGenesis Labs for ₹4 crore. This acquisition marks a significant leap for the company in research-driven innovation, enabling it to tap into new sub-categories, leverage cutting-edge research and development, and ultimately deliver exceptional value to its consumers.

Quick answer

Honasa Consumer Limited is acquiring CosmoGenesis Labs, announced May 27, 2024. Honasa Consumer Limited is based in Gurgaon, Haryana, India.

How much did Honasa Consumer Limited pay for CosmoGenesis Labs?
The deal value was not disclosed.
What does Honasa Consumer Limited do?
Honasa Consumer Limited, the parent company of MamaEarth, owns several skincare and beauty products brands such as The Derma Co, Aqualogica, and Dr. Sheth’s.
Where are Honasa Consumer Limited and CosmoGenesis Labs based?
Honasa Consumer Limited is based in Gurgaon, Haryana, India. CosmoGenesis Labs is based in Mumbai, Maharashtra, India.
Who are the decision-makers at Honasa Consumer Limited?
Fundz holds 3 contacts at Honasa Consumer Limited. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Honasa Consumer Limited

Location

Gurgaon, Haryana, India

About

Honasa Consumer Limited, the parent company of MamaEarth, owns several skincare and beauty products brands such as The Derma Co, Aqualogica, and Dr. Sheth’s. It announced the acquisition of the assets of CosmoGenesis Labs, a firm engaged in cosmetic formulation and development, particularly in premium skincare solutions, for ₹4 crore to bolster its skincare portfolio.

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Frequently asked

Who acquired CosmoGenesis Labs?

CosmoGenesis Labs was acquired by Honasa Consumer Limited, based in Gurgaon. The deal was reported on May 27, 2024. Honasa Consumer Limited, the parent company of MamaEarth, owns several skincare and beauty products brands such as The Derma Co, Aqualogica, and Dr. Sheth’s. Honasa Consumer Limited is privately held and operates in Health Care.

When did Honasa Consumer Limited acquire CosmoGenesis Labs?

Honasa Consumer Limited's acquisition of CosmoGenesis Labs was reported on May 27, 2024. Honasa Consumer Limited, the parent company of MamaEarth, has acquired the assets of CosmoGenesis Labs for ₹4 crore. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CosmoGenesis Labs do?

CosmoGenesis Labs is a firm engaged in cosmetic formulation and development, particularly in premium skincare solutions. It was acquired by Honasa Consumer Limited for ₹4 crore to bolster its skincare portfolio. It is privately held, operating in Health Care, and is based in Mumbai.

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