Posted on November 6, 2023 at 9:01 am

Bollywood Featured

Shilpa Shetty’s interest in ‘Mamaearth’ becomes THIS much with IPO: details inside

Shilpa Shetty, a Bollywood actress and a thriving entrepreneur. She has played a pivotal role in the remarkable success story of Mamaearth. It is India’s leading digital-first personal care and beauty brand.

Photo courtesy Shilpa team
Photo courtesy Shilpa team

The brand’s pursuit of profitability and potential for substantial returns for investors is commendable.

Making it a work in progress with a strong focus on offering natural and eco-friendly beauty products.

Shilpa Shetty‘s unwavering confidence in Mamaearth and influential endorsements. She have significantly contributed to the brand’s widespread recognition and success.

The parent company, Honasa Consumer, recently launched an IPO worth ₹1,700 crore, backed by investors such as Sequoia Capital, now Peak XV.

Shilpa Shetty’s trust in the brand’s potential is substantiated by her initial investment of ₹6.7 crore. It has grown to an impressive ₹80 to ₹90 crores in just five to six years.

Mamaearth, under the celebrity endorsement of Shilpa Shetty. She is poised for remarkable growth and profitability, solidifying its position as an attractive investment opportunity.

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