Ayurvedic fast-moving consumer goods business Patanjali has been forced to clarify again for claims over its Coronil coronavirus remedy, as the World Health Organisation states it has not certified it.
Honasa Consumer plans to hire 200 new employees across its business this year and foresees strong growth for its personal care brand Mamaearth, which crossed an annualised revenue run rate of Rs 500 crore.
Fast-moving consumer goods business Emami saw its profit after tax increase by 45% during the third quarter of the 2021 financial year, aided by cost control measures and favourable raw materials prices.
Youth-focused, non-toxic personal care brand Super Smelly has reported annual recurring revenue of Rs 12 crore ($1.8 million) in the span of two years, with a 200% year-on-year growth rate from April 2020 to April 2021.
Skincare and beauty brand The Beauty Co plans to raise $5 million (Rs 33.3 crore) to scale up its business with a wider product range and the expansion of its distribution network into offline and international markets.