Mamaearth records a loss of 151 crore rupees in FY23 ahead of its IPO launch on October 31st.
Mamaearth, a direct-to-consumer (D2C) skincare brand, is preparing to launch its initial public offering (IPO) on October 31. The company, which reported a loss of Rs 151 crore in FY23, aims to raise Rs 10,500 crore through the IPO. Honasa Consumer Pvt Ltd, the parent company of Mamaearth, along with other D2C brands like The…