List of Varun Alagh Investments: Company Backed by Mamaearth’s Co-Founder & Chief Dad
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They say couples should never work together. But Varun and Ghazal Alagh have proved that wrong, big time! From launching Mamaearth in 2016 to turning it into a household name, this duo did not just build a brand; they built an empire. And when Honasa Consumer Ltd., the parent company, went public, it was proof of their vision and persistence.
But Varun Alagh’s entrepreneurial journey does not stop at Mamaearth. With his keen business acumen, he has stepped into the world of investments, backing promising startups and emerging businesses. His strategy? Spotting innovation early and fuelling growth.
So, what kind of companies has he bet on? What industries excite him the most?
In this article, let’s explore Varun Alagh’s investment portfolio and discover his strategic bets.
Who is Varun Alagh?
List of Varun Alagh Investments
Who is Varun Alagh?
Varun Alagh is a seasoned entrepreneur and business leader. He is the Co-Founder, Chief Dad, and CEO of Honasa Consumer Ltd., the parent company of Mamaearth, a brand he launched in 2016 with his wife, Ghazal Alagh. Under their leadership, Mamaearth became one of India’s fastest-growing personal care brands and went public in 2023.
Before starting his own venture, Varun gained extensive experience in brand management and marketing. He worked at global companies like Coca-Cola, Diageo, and Hindustan Unilever, handling brands such as Coca-Cola, Smirnoff, and Rexona. His expertise spans marketing strategy, business growth, and product innovation.
Academically, Varun holds a PGDBM in Finance & Marketing from XLRI Jamshedpur and a BE in Electrical Engineering from Delhi College of Engineering.
Today, beyond Mamaearth, he is actively investing in promising companies, and supporting innovative businesses.

List of Varun Alagh Investments
Here is a comprehensive list of all the Varun Alagh invested companies as sourced from Tracxn (as of February 2025):
Varun Alagh Invested Companies | Founded Year | Headquarters | Sector & Sub-Sector |
---|---|---|---|
Mitigata | 2021 | Karnataka | FinTech > Insurance IT |
Ninecamp | 2023 | Delhi | Food and Agriculture > Food Service Chains |
Circuit House Technologies | 2024 | Karnataka | Retail > Consumer Electronics E-Commerce |
Boba Bhai | 2023 | Karnataka | Food and Agriculture > Food Service Chains |
BeastLife | 2024 | Haryana | HealthTech > Fitness & Wellness Tech |
NeoDocs | 2020 | Maharashtra | HealthTech > Disease Self Management |
Green Fortune | 2004 | Stockholm County | Food and Agriculture Tech > Crop Tech |
GreenFortune Windows & Doors | 2022 | Telangana | Consumer Goods > Home Furnishing Products |
Solar Ladder | 2021 | Maharashtra | Energy Tech > Renewable Energy Tech |
KikiBix | 2021 | Haryana | Food and Agriculture Tech > Online Grocery |
AdmitKard | 2016 | Uttar Pradesh | EdTech > Higher Education Tech |
UnORG | 2022 | Uttar Pradesh | Food and Agriculture Tech > Online Grocery |
Magma | 2022 | Gujarat | Enterprise Applications > Manufacturing Tech |
BankSathi | 2020 | Karnataka | FinTech > Alternative Lending |
Gold Setu | 2021 | Uttar Pradesh | Retail > In Store Retail Tech |
Contlo | 2020 | Delhi | Retail > E-Commerce Enablers |
Floryo | 2021 | Karnataka | Food and Agriculture > Food & Beverage Products |
Supertails | 2021 | Karnataka | Retail > Pet Tech |
BankSathi | 2020 | Karnataka | FinTech > Alternative Lending |
Propreturns | 2021 | Delhi | FinTech > Investment Tech |
Artium Academy | 2020 | Maharashtra | EdTech > Continued Learning |
Magma | 2022 | Gujarat | Enterprise Applications > Manufacturing Tech |
Localwell | 2019 | Gujarat | HealthTech > Pharmacy IT |
Onsite Teams | 2021 | Delhi | Real Estate and Construction Tech > Construction Tech |
Skye Air | 2020 | Haryana | High Tech > Drones |
Subconscious Compute | 2020 | Karnataka | Enterprise Infrastructure > Cybersecurity |
Digiaccel | 2021 | Haryana | EdTech > Continued Learning |
AlmaBetter | 2020 | Karnataka | EdTech > Continued Learning |
Mokobara | 2019 | Karnataka | Consumer > Fashion Tech |
BharatX | 2019 | Karnataka | FinTech > Alternative Lending |
Xeno | 2015 | Delhi | Retail > E-Commerce Enablers |
LimeChat | 2020 | Karnataka | High Tech > Chatbots |
Jimmy's Cocktails | 2019 | Haryana | Food and Agriculture > Food & Beverage Products |
eské | 2012 | Maharashtra | Consumer Goods > Fashion Accessories |
VAMA | 2020 | Delhi | Consumer > Religion Tech |
AndOr | 2015 | Uttar Pradesh | Business Services > IT Services |
One Impression | 2017 | Haryana | Enterprise Applications > MarketingTech |
Nestasia | 2018 | West Bengal | Retail > Home Improvements |
Shiprocket | 2012 | Haryana | Consumer > Logistics Tech |
Pristyn Care | 2018 | Haryana | HealthTech > Healthcare Booking Platforms |
Doss.games | 2021 | Karnataka | Gaming > Gaming Tech |
Onsite Teams | 2021 | Delhi | Real Estate and Construction Tech > Construction Tech |
D’Moksha | 2019 | Maharashtra | Consumer Goods > Home Furnishing Products |
ZAAMO | 2021 | Delhi | Retail > Influencer E-Commerce |
BeepKart | 2020 | Karnataka | Consumer > Auto E-Commerce & Content |
Wiggles | 2018 | Maharashtra | HealthTech > Veterinary HealthTech |
Workduck | 2021 | Karnataka | Enterprise Applications > Product Management Tools |
Project Hero | 2021 | Karnataka | Enterprise Applications > HRTech |
The Sleep Company | 2019 | Maharashtra | Retail > Home Improvements |
Powerhouse91 | 2021 | Haryana | Retail > Brands Tech |
Wellbeing Nutrition | 2019 | Maharashtra | Life Sciences > Nutraceuticals Tech |
Cuvette | 2020 | Karnataka | Enterprise Applications > HRTech |
Ayu Health | 2019 | Chandigarh | Healthcare > Hospital Chains |
InterviewVector | 2020 | Haryana | Enterprise Applications > HRTech |
Paz Care | 2021 | Karnataka | Enterprise Applications > HRTech |
Foodstrong | 2020 | Maharashtra | Food and Agriculture > Food & Beverage Products |
Trinkerr | 2021 | Karnataka | FinTech > Investment Tech |
LimeChat | 2020 | Karnataka | High Tech > Chatbots |
SkilloVilla | 2020 | Karnataka | EdTech > Continued Learning |
SwifLearn | 2019 | Haryana | EdTech > K-12 EdTech |
GoKwik | 2020 | Delhi | Retail > E-Commerce Enablers |
Zouk | 2015 | Maharashtra | Consumer > Fashion Tech |
Quinn | 2020 | Gujarat | Retail > Video Commerce |
ConsCent | 2020 | Delhi | FinTech > Payments |
Varun Alagh has invested in many companies across different industries like consumer goods, fintech, and edtech. His investments show his interest in supporting new and growing businesses. As he continues to invest, it will be exciting to see how these companies develop in the future.

FAQs
Who is Varun Alagh?
Varun Alagh is the Co-Founder, Chief Dad, and CEO of Honasa Consumer Ltd., the parent company of Mamaearth, a brand he launched in 2016 with his wife, Ghazal Alagh.
What are the companies Varun Alagh has invested in?
Some of the prominent Varun Alagh invested companies include Mokobara, BeastLife, Supertails, Boba Bhai, Shiprocket, Pristyn Care, and more.
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