Honasa, the Parent Company of Mamaearth, Acquires Cosmogenesis Labs’ Assets to Expand Its Skincare Solution Offerings

CosmoGenesis, founded by Rohini Manoj in 2011, provides cosmetic product development services to beauty firms working in the skincare industry.

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Honasa, the Parent Company of Mamaearth, Acquires Cosmogenesis Labs’ Assets to Expand Its Skincare Solution Offerings

CosmoGenesis, founded by Rohini Manoj in 2011, provides cosmetic product development services to beauty firms working in the skincare industry.

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Leveraging CosmoGenesis’ experience in cosmetics formulation, Honasa seeks to enter into emerging sub-categories and give people a greater selection of skincare options.

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The board of Honasa authorized the asset purchase deal with CosmoGenesis for INR 4 Cr in a meeting held last week, according to its exchange records.

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Honasa Consumer Ltd, the parent company of popular brands like as Mamaearth, Derma Co, and BBLUNT, has acquired the assets of Thane-based skincare startup CosmoGenesis Labs.

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Honasa’s takeover aims to expand its R&D and manufacturing capabilities, according to a filing.

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CosmoGenesis, founded by Rohini Manoj in 2011, provides cosmetic product development services to beauty firms in the skincare market.

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