Highlights
Sofina Ventures Sells Stake in Honasa Consumer
Sofina Ventures has divested its 1.28% stake in Honasa Consumer, the parent company of Mamaearth, through a significant transaction valued at Rs 177 crore on the NSE this Thursday. According to data from the exchange, the Belgium-based investment company sold 41.78 lakh shares, constituting a 1.28% interest in the firm, at an average price of Rs 424.07 per share, amounting to Rs 177.2 crore.
As per the company’s shareholding data reported for March 2026, Sofina Ventures previously held a 3.29% stake in Honasa Consumer. With the recent divestment of 1.28% shares via a bulk deal, the firm’s stake is estimated to have decreased to approximately 2%.
Market Context for Recent Transactions
This transaction aligns with a wider trend where various venture capital and private equity firms are realising profits from their investments in publicly listed startups. Notable recent activities include Actis’ bulk deal worth Rs 371 crore in Pine Labs, Alpha Wave’s stake liquidation in Delhivery, and partial exits by SoftBank and ADIA in Lenskart.
Financial Performance of Mamaearth
In Q4 FY26, Mamaearth displayed robust growth, achieving a 23% year-on-year increase in revenue from operations, which reached Rs 657 crore compared to Rs 534 crore in Q4 FY25. During this quarter, the company also recorded a profit of Rs 69.4 crore.
Recent Acquisitions by Honasa Consumer
Earlier this week, the Gurugram-based organisation secured a majority stake in Fluence Pharma, marking its second acquisition within six months, following its purchase of Reginald Men. This strategic move signifies the company’s entrance into the men’s grooming sector.
Market Capitalization of Honasa
As of Thursday, Honasa’s shares concluded trading at Rs 421.7 on the NSE, propelling the company’s market capitalisation to around Rs 13,595 crore, equivalent to approximately $1.51 billion.
