India, April 22 -- The Derma Co, a skincare brand from Mamaearth's parent company Honasa Consumer, clocked its annual revenue rate of INR 500 Cr.

Moreover, The Derma Co sold over 1 Cr units in the last financial year.

Mamaearth co-founder Ghazal Alagh took to Linkedln to share the new milestone: "Big day for Honasa Consumer Ltd.! Our 2nd brand, The Derma Co., enters the 500 crore ARR club. What fills our hearts with pride and gratitude is that we are the only FMCG company in India that has crafted two 500+ crore brands in the last 10 years."

Alagh also added that this milestone demonstrates Honasa Consumer's capabilities in effectively building and scaling new brands, delivering exceptional skincare solutions to consumers across India,...