
Varun Alagh
Description
Varun Alagh is widely recognized as the co-founder of Mamaearth, a prominent direct-to-consumer (D2C) personal care brand under Honasa Consumer Ltd. His entrepreneurial journey culminated in Mamaearth achieving unicorn status, valued at over $1.2 billion, and a successful IPO in November 2023, which raised approximately $205 million. This significant success has positioned him as a highly credible and sought-after figure in the Indian startup ecosystem, transitioning him into an active and impactful angel investor.
Leveraging his extensive experience in brand building, supply chain management, and scaling a consumer business from the ground up, Alagh primarily focuses his angel investments on D2C brands, consumer goods, health tech, and other tech-enabled solutions. He is known for providing not just capital but also invaluable strategic guidance, operational insights, and access to his vast network. His investment thesis often revolves around backing founders who demonstrate strong product-market fit, a clear vision for scalability, and a deep understanding of the Indian consumer landscape.
Alagh has become a prolific angel investor, with reports indicating his participation in over 15 startups across various sectors. His portfolio includes notable names such as Uvi Health, a digital health platform for women; BlissClub, a women's activewear brand; Bummer, an innerwear brand; and TagZ Foods, a healthy snack brand. These investments underscore his commitment to fostering innovation and supporting the next generation of entrepreneurs in India, particularly those building consumer-centric businesses.
Investor Profile
Varun Alagh has backed more than 26 startups, with 1 new investments in the last 12 months alone. The firm has led 1 rounds, about 4% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series E rounds (top funding stages).
- Majority of deals are located in India, United States.
- Strong thematic focus on E-Commerce, Information Technology, Software.
- Typical check size: $50K – $200K.
Stage Focus
- Seed (81%)
- Series A (8%)
- Series E (8%)
- Series Unknown (4%)
Country Focus
- India (92%)
- United States (8%)
Industry Focus
- E-commerce
- Information Technology
- Software
- Supply Chain Management
- Financial Services
- Fintech
- Health Care
- Retail
- Marketing
- Apps
Frequently Asked Questions
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