Honasa Consumer

Honasa Consumer, the Indian personal care firm and parent company of brands such as Mamaearth and The Derma Co, has acquired the assets of CosmoGenesis Labs for 40 million INR ($479,000). Thane-based CosmoGenesis Labs is a specialist in cosmetic formulation and development, having supported over 5,000 personal care formulations for businesses in India. The acquisition includes the company’s formulation expertise, research and development (R&D) laboratory, and a small-scale manufacturing facility. …