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Sofina Ventures exits 1.28% of Honasa Consumer in ₹177 Cr bulk deal at ₹424/share

Sofina Ventures sold a 1.28% stake in Honasa Consumer (Mamaearth parent) via a ₹177 Cr bulk deal at ₹424/share, amid Honasa's 'Honasa 3.0' strategy and recent Fluence Pharma acquisition entering nutraceuticals.

Reported figures

From the report. Source details below

  • ₹135 Cr Fluence acquisition
  • ₹5,500 Cr FY31 revenue target

Other figures

  • ₹177.2 Cr deal size
  • 41.78 Lakh shares
  • ₹424.07 per share
  • 42% YTD stock gain

The source

Source Read the source at Inc42 Published

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