Honasa Consumer acquires BBLUNT for Rs 134 cr; Godrej sells its 30% stake for Rs 84.5 cr

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Honasa consumer acquires bblunt for rs 134 cr; godrej sells its 30% stake for rs 84.5 cr

14 Feb 2022

1 min read

According to a report by Praxis Global Alliance (PGA) Labs and Knowledge Capital, between 2014 and 2020, investors pumped in $1.4 billion into D2C brands, of which 54% went into the beauty and fashion segment. This trend continued into 2021 as well. Wipro Ventures and Amazon invested $71 million in MyGlamm in July 2021, while in March ChrysCapital put $50 million into Wow Skin Science and Sequoia Capital India led a $45 million round in Purplle.

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Honasa Consumer acquires BBLUNT for Rs 134 cr; Godrej sells its 30% stake for Rs 84.5 cr | PraxisGA