Mamaearth IPO: D2C Brand Eyeing Public Listing In November
Thu, Sep 7, 2023 5:04 PM

Mamaearth IPO: D2C Brand Eyeing Public Listing In November

A Flip by Bhavya Sabharwal
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Mamaearth, a beauty ecommerce unicorn, is reportedly planning to become a publicly-traded company in November this year. The IPO will include a fresh issue of shares worth INR 400 Cr and an offer for sale (OFS) element of 46.82 Mn equity shares. The startup would also be looking to raise $120-$150 Mn in a new funding round at a valuation of $1.5 Bn.  

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