Honasa Consumer Limited — JV/Acquisition, 12-11-2025: Acquisition

Honasa Consumer has acquired a 25% stake in Couch Commerce Private Limited, owner of the "Fang Oral Care" brand, for up to ₹10 Cr. This strategic move expands Honasa's presence into the fast-growing prestige oral care market, focusing on teeth whitening and wellness products. Fang Oral Care reported ₹3.14 Cr revenue in FY25, with an annualized run rate of ~₹7 Cr for FY26, showcasing strong growth. This early-stage investment diversifies Honasa's brand portfolio and market reach.