Personal care brand Mamaearth has raised $50 million funding led by Sofina Ventures, valuing the business at $730 million.
The round also saw participation from existing investor Sequoia Capital. Early investors like Fireside Ventures, Stellaris Venture Partners, Sharp Ventures and Titan Capital made a partial exit. The round also gave some early employees an opportunity to monetise their vested ESOPs. To discuss the road ahead for the company, Startup Street spoke to Varun Alagh, co-founder & CEO of Mamaearth.
Also watch Startup Street in conversation with Mudit Dandwate, co-founder & CEO of Dozee, who spoke about the company's Rs 44 crore fundraise.
Watch video for more.