VCs happy with returns as early backers offload 10% stake in Honasa Consumer: Varun Alagh
16 Sep
Science & Technology

VCs happy with returns as early backers offload 10% stake in Honasa Consumer: Varun Alagh

Posted by author-avatar
0
NASA Space Technology NASA Space Technology According to the bulk deal data available on the National Stock Exchange (NSE), Peak XV Partners sold a 3.81% stake in Honasa Consumer and Fireside Ventures offloaded a 2.03% stake in the company.By CNBCTV18September 16, 2024, 12:05:00 AM IST (Published)Varun Alagh, the founder of Honasa Consumer, told CNBC-TV18 in an exclusive chat that all their investors are very happy with the returns they have generated after shares worth ₹1,763 crore changed hands in the block deal on Thursday. “After you go public, it’s great because you have unlocked value for your investors,” added Alagh.Mamaearth’s early backers including Peak XV Partners, Fireside Ventures, Sofina and Stellaris Venture Partners have sold a 10% stake in the D2C company’s parent Honasa Consumer on September 12.“The most amazing thing in this block deal...
Continue reading
Happy Joe’s Promotes Former Franchisee General Manager and 2022 Operator of the Year to New Franchise Business Consultant
20 Jul
Top Stories

Happy Joe’s Promotes Former Franchisee General Manager and 2022 Operator of the Year to New Franchise Business Consultant

Posted by author-avatar
0
Top Stories Tamfitronics Haley LuethMidwestern pizza brand vows to strengthen its commitment to franchisee support with the promotion of Haley LeuthDavenport, IA  (RestaurantNews.com) Happy Joe’s Pizza & Ice Cream has named Haley Lueth as its newest Franchise Business Consultant. The popular iconic pizza brand plans to use this strategic hire to continue to provide exceptional support and guidance to its franchisees, enhancing their overall experience in Happy Joe’s “Best-in-Class” performance initiative.Haley began her career at Happy Joe’s in 2010 as a cook. By working hard and having the willingness to learn, she managed to quickly rise through the ranks of the company. By the time she turned 18, she was promoted to shift coach, and after several years, she became an assistant coach under her mentor, Ashley Balluff.“With Haley Lueth joining our team as...
Continue reading