HDFC Life Insurance increased its stake in Honasa Consumer Limited from 1.29% to 2.74%, adding 4,739,005 shares, worth ₹227.2 Cr.
A digital-first beauty and personal care company that manufactures and sells skincare, haircare, and wellness products through its online platform. Founded in 2016, Honasa Consumer operates a vertically integrated business model, controlling product development, manufacturing, and direct-to-consumer distribution. The company distinguishes itself through science-backed formulations, focus on ingredient transparency, and direct customer engagement via its digital channels and owned brands.
HDFC Life Insurance Company Limited, institutional investor in Indian equities