Business Standard

Beauty & Personal Care

Market, consumers best teachers for biz growth: Mamaearth co-founder

Market and consumer insights are the best teachers to learn from to grow business, a philosophy which has guided Mamaearth's decisions, contributing significantly to its growth, its co-founder Varun Alagh said on Thursday. Alagh, co-founder and CEO of beauty and personal care brand Mamaearth, speaking at the 119th Annual Session of the PHD Chamber of Commerce and Industry (PHDCCI) here, stressed the significance of consumer feedback in shaping business strategies. "I think the market and the consumer are the best teachers. As long as you're listening, they keep telling and teaching you. There is no better teacher than them. And we have treated the market and consumer like that, which has been very helpful because they have guided a lot of our decisions and got us to where we are today," he said. Alagh further highlighted the transformative impact of e-commerce and digital marketing in India, noting that these platforms are crucial for expanding access to products across diverse inco

Market, consumers best teachers for biz growth: Mamaearth co-founder
Updated On : 10 Oct 2024 | 9:05 PM IST

India beauty, personal care market likely to reach $34 bn by 2028: Nykaa

India's beauty and personal care market is expected to grow at a compounded annual growth rate of 10-11 per cent to reach USD 34 billion by 2028, Nykaa Beauty Trends Report said on Wednesday. The report estimates India's beauty and personal care (BPC) market to be around USD 21 billion at present. According to the report, the Indian BPC market is the fastest-growing market across the world growing at a compounded annual growth rate of 10-11 per cent. "India is the fastest growing BPC market globally, expected to reach USD 34 billion by 2028," Nykaa said in a statement. According to the report, e-commerce is poised to be the biggest driver of this growth and the fastest-growing segment, anticipated to achieve a CAGR of around 25 per cent. "Rising aspirations and higher incomes among Indian consumers will propel the market for premium beauty, expected to reach USD 3-3.2 billion by 2028. With 520-560 million users in 2023, the democratisation of beauty expertise via social media is .

India beauty, personal care market likely to reach $34 bn by 2028: Nykaa
Updated On : 05 Sep 2024 | 12:11 AM IST

Mamaearth parent bets on Made-for-India goods in fastest-growing beauty mkt

Honasa's products are made with India's tropical weather and cultural nuances in mind, Alagh said. That's where we have an edge, he said

Mamaearth parent bets on Made-for-India goods in fastest-growing beauty mkt
Updated On : 25 Apr 2024 | 7:28 AM IST

Cipla to acquire Ivia Beaute's cosmetics, personal care biz for Rs 130 cr

Pharma major Cipla Ltd will acquire the cosmetics and personal care distribution and marketing business of Ivia Beaute Pvt Ltd, including the latter's brands Astaberry, Ikin and Bhimsaini, on a worldwide basis for Rs 130 crore, according to a regulatory filing by the company. Cipla Health Ltd (CHL), a wholly owned subsidiary and consumer healthcare arm, has signed a Business Transfer Agreement (BTA) for purchase of the distribution and marketing business undertaking of the cosmetics and personal care business of Ivia Beaute Pvt Ltd, Cipla said. This strategic move is aligned with Cipla's focus on enhancing its consumer healthcare and wellness portfolio, it added. The acquisition will include Ivia Beaute's brands namely Astaberry, Ikin and Bhimsaini on a worldwide basis, the company said. On the cost of acquisition, Cipla said it will be "Rs 130 crore on the closing date and Rs 110 crore contingent upon achievement of certain financial parameters (milestones) for next 3 years as ...

Cipla to acquire Ivia Beaute's cosmetics, personal care biz for Rs 130 cr
Updated On : 16 Apr 2024 | 11:01 AM IST

71st Miss World Pageant 2024: When and where to watch opening ceremony live

71st Miss World Pageant 2024: India to host Miss World Pageant 2024 after 28 years. The opening ceremony will take place on February 20 and it will continue till March 9, 2024

71st Miss World Pageant 2024: When and where to watch opening ceremony live
Updated On : 20 Feb 2024 | 1:24 PM IST

Nirma Ltd to raise upto Rs 3,500 cr for business growth, acquisition

The company has proposed to acquire Glenmark Life Sciences Ltd (GLSL) to diversify its business. The acquisition is likely to be funded largely through debt

Nirma Ltd to raise upto Rs 3,500 cr for business growth, acquisition
Updated On : 18 Dec 2023 | 10:36 PM IST

Wipro Consumer acquires 3 brands from VVF to expand personal care segment

The acquisition will be a strategic expansion for Wipro in the personal wash segment

Wipro Consumer acquires 3 brands from VVF to expand personal care segment
Updated On : 05 Dec 2023 | 7:16 PM IST

Beauty-personal care split: HUL sets sights on customer of tomorrow

On Friday, the consumer major also announced that it had named Arun Neelakantan its chief digital officer effective January 1

Beauty-personal care split: HUL sets sights on customer of tomorrow
Updated On : 03 Dec 2023 | 11:07 PM IST

Dabur India looking for acquisitions with Rs 7,000 cr cash reserve: CEO

Homegrown FMCG maker Dabur India, armed with a cash reserve of Rs 7,000 crore, is scouting for acquisition opportunities in healthcare and home & personal care segments, according to its CEO Mohit Malhotra. Besides, Dabur is looking for acquisition opportunities in the online space, and with several D2C (Direct to Consumer) brands operating in it, it finds the valuation "more reasonable" now and will pursue it if it finds a suitable one for growth, he said. The company is scaling its presence in the online space, which includes e-commerce channels and D2C business, where it plans to introduce more innovations under existing brands and through inorganic opportunities. "We are introducing innovations there. Those innovations are coming on the back of existing brands and these innovations will come on the back of some new brands that we might launch or we are looking at an acquisition for a new brand," Malhotra told PTI. The company would pursue organic growth with new brand launches

Dabur India looking for acquisitions with Rs 7,000 cr cash reserve: CEO
Updated On : 08 Nov 2023 | 3:52 PM IST

Dabur aims for Rs 7,000 crore in revenues in home and personal care segment

The company is also targeting Rs 5,000 crore in sales from its healthcare segment

Dabur aims for Rs 7,000 crore in revenues in home and personal care segment
Updated On : 16 Sep 2023 | 8:23 AM IST

India's beauty and personal care market to touch $30 billion by 2027

The growth prospects of the Indian BPC industry are further strengthened in light of low penetration levels

India's beauty and personal care market to touch $30 billion by 2027
Updated On : 01 Sep 2023 | 11:41 PM IST

Not skin-deep: Luxury personal care shopping gets ethical, demanding

Indian consumers want products that chemical free and are environmentally safe

Not skin-deep: Luxury personal care shopping gets ethical, demanding
Updated On : 20 Jul 2023 | 11:55 AM IST

Colgate-Palmolive focusing on premiumisation as part of growth strategy

Colgate-Palmolive (India) Ltd is looking at opportunities to drive premiumisation in the health, therapeutic toothpaste and oral beauty segments for metro and urban cities, as per the latest annual report of the company. Colgate-Palmolive (India) Ltd (CPIL) also sees a "significant room" to deepen the penetration of oral care adjuncts like floss and mouthwash. "Outside of oral care, the company sees opportunity in skin care, hair care, bath & shower products that have the largest market size within the beauty & personal care segment," it said. Rising incomes, rising aspiration and the democratisation of availability through e-commerce have led to rapid growth in these categories, CPIL added. "There is also an opportunity for premium and innovative products in metros and urban cities in the space of family health, therapeutic toothpaste and oral beauty," it said. Besides, CPIL is committed to building a strong personal care portfolio leveraging the high recall of the brand ...

Colgate-Palmolive focusing on premiumisation as part of growth strategy
Updated On : 30 Jun 2023 | 9:23 PM IST

Shiprocket integrates it's app with ONDC to ease seller onboarding

Shiprocket aims to provide a seamless onboarding and post-support experience to sellers on ONDC

Shiprocket integrates it's app with ONDC to ease seller onboarding
Updated On : 23 Jun 2023 | 5:32 PM IST

Beauty e-retailer Nykaa sees healthy revenue growth trend for FY23

Growth from tier 1 consumer have demonstrated sustained consumption

Beauty e-retailer Nykaa sees healthy revenue growth trend for FY23
Updated On : 05 Apr 2023 | 11:36 PM IST

Three-fold rise in complaints against personal care ads since 2019: Asci

The biggest reason for violations was non-disclosures by the influencers, especially on digital platforms

Three-fold rise in complaints against personal care ads since 2019: Asci
Updated On : 02 Feb 2023 | 10:16 PM IST

Marico to acquire 100% stake in Vietnamese personal care brand Beauty X

To pay Rs 172 cr under the deal, which is expected to be completed by March 31

Marico to acquire 100% stake in Vietnamese personal care brand Beauty X
Updated On : 09 Dec 2022 | 11:02 PM IST

Manipulation by online ads to mould consumer behaviour under ASCI radar

Crypto, personal care, and fashion most violative categories indulging in dark patterns

Manipulation by online ads to mould consumer behaviour under ASCI radar
Updated On : 10 Nov 2022 | 10:21 PM IST

Near-term growth concerns, further price cuts to cap returns for Marico

Further price cuts, higher advertising costs to weigh on margins

Near-term growth concerns, further price cuts to cap returns for Marico
Updated On : 08 Nov 2022 | 10:02 PM IST

D2C Ecommerce acquires leading natural personal care brand Luxura Sciences

D2C Ecommerce, India's First Multi-D2C Brand Online Platform, Acquires Leading Personal Care D2C Brand Luxura Sciences

Luxura Sciences has been on an upward trajectory with a revenue of INR 4+ crores in FY21-22



New Delhi, Delhi, India Business Wire India



D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand Luxura Sciences'. Through this acquisition, D2C Ecommerce will expand in personal care and beauty segment, strengthen Luxura Sciences' product offerings by investing in newer categories and foray into global markets including US, UK, Middle East, South East Asia and Europe. D2C E-commerce had recently announced leading actress Rakul Preet Singh as brand ambassador for its fashion jewellery brand AccessHer'.



Luxura Sciences was established in 2018 by serial entrepreneur Mohd. Suaid Ahmed. Luxura's natural personal care range is made with

D2C Ecommerce acquires leading natural personal care brand Luxura Sciences
Updated On : 07 Nov 2022 | 3:50 PM IST