EXCLUSIVE-Indian skincare startup Mamaearth eyes $3 bln valuation... > 자유게시판

EXCLUSIVE-Indian skincare startup Mamaearth eyes $3 bln valuation...

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작성일 22-09-16 23:17

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Amazon's Blink Mini is an indoor, wired security camera with motion detection and two-way audio that lets you monitor your home day and night. See, hear and speak to people and pets in your home through your smartphone with Blink Mini's live view and two-way audio features. 

One equity research analyst, however, said the success of Mamaearth's IPO could hinge on how it plans to rapidly expand into offline sales.
Most Indians still go to retail outlets to shop, with e-commerce accounting for just 5-6% of spending. The number of online shoppers for beauty products is also projected to rise to 135 million from 25 million during that period, it added.

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Mamaearth was co-founded by Varun Alagh, a former Hindustan Unilever executive, and his wife Ghazal. With the brand endorsed by popular Bollywood celebrities, Novel Books the duo has cashed in on growing e-commerce adoption in India by offering its products on platforms such as Amazon and Walmart's Flipkart.

'So many books to choose from and loads even free. The battery is really good, and I like how it remembers where you got up to. 'Don't know why I didn't get one of these sooner,' one five-star reviewer wrote.

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Now £29.99, the voice-controlled smart speaker with Alexa can be added to any room in your home, and with a simple command, Free Book you can ask for music, news, weather updates, and more. You can also make calls and control compatible smart home devices, including lighting, home security, and heating. 

CEO Alagh told the Business Standard newspaper in January that 70% of Mamaearth's sales come from online platforms, but it was targetting a bigger offline presence and aiming to reach 40,000 retail outlets in 100 cities this year.



The Amazon Echo Flex, which is now on sale with 60 per cent off, is one of the most affordable ways to get Amazon's Alexa in more places throughout your home. This smart speaker saves space by conveniently plugging straight into the wall.



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MUMBAI, June 21 (Reuters) - Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company's plans told Reuters.



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The Alexa-equipped Echo can do it all, including help controlling compatible appliances and Amazon devices like robot vacuum cleaners, home security, lights and heating - all with a simple voice command.  For those on a tighter budget, the 3rd Gen hockey puck-shaped smart speaker is now on sale for £25.99.

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