Mamaearth tops revenue growth among Hurun list of PE investee companies

Posts nearly 500% YoY increase, followed by integrated pharma firm Encude Ethicals, at 343%; Sequoia Capital is the top investor, Norwest Venture Partners and Tiger Global in second spot.

Honasa Consumer (Mamaearth), with an average revenue growth of 491 per cent over last year, has topped the list of companies that attracted private equity investments in India.

As per a media statement by Hurun Research, Encube Ethicals, an integrated pharmaceutical company, is ranked second, reporting a growth of 343 per cent. Ecom Express, a tech-enabled logistics solutions provider, is ranked third (283 per cent growth).

Of the 125 companies in India that received a single round of funding of more than $25 million in calendar 2021, Hurun Research Institute shortlisted 21 that fit the performance and funding criteria of