Peak XV (formerly Sequoia Capital), along with Stellaris Ventures, Sofina Ventures, and Fireside Ventures, sold shares worth Rs 1,600 crore in Honasa Consumer (MamaEarth). Peak XV alone divested Rs 753 crore worth of shares, as MamaEarth’s market cap hit Rs 16,046 crore. The firm reported Rs 554 crore in Q1 FY25 revenue.
By Vaishali Sharma
