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eZizz » The Founders » Varun Alagh : Journey to Building Mamaearth
The Founders

Varun Alagh : Journey to Building Mamaearth

By eZizz InsiderJanuary 29, 2026Updated:January 29, 2026No Comments3 Mins Read
Varun Alagh - Mamaearth founder, age 41, XLRI graduate, entrepreneur with net worth of ₹5,900 crore (~$710 million)
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Varun Alagh is the co-founder and CEO of Honasa Consumer Ltd., the parent company of Mamaearth and other personal care brands. From working with multinational FMCG giants to building India’s first direct-to-consumer unicorn in the beauty sector. His journey reflects expertise in brand building and entrepreneurship.

Who is Varun Alagh?

Varun Alagh co-founded Honasa Consumer Private Limited in November 2016 with his wife Ghazal Alagh. The company launched Mamaearth as its first brand, which became Asia’s first MadeSafe-certified toxin-free personal care brand.

Under his leadership, Honasa expanded from Mamaearth into a house of brands. This includes The Derma Co., Aqualogica, BBlunt, Dr. Sheth’s, Staze Beauty, and Luminéve. In January 2022, Honasa became India’s first unicorn of the year, raising $52 million led by Sequoia at a valuation of $1.2 billion.

Varun Alagh Age

He was born on August 26, 1984, making him 41 years old as of 2025. He was born and raised in Gurgaon (now Gurugram), Haryana, India.

Varun Alagh Education

Varun holds a Bachelor of Engineering in Electrical Engineering from Delhi College of Engineering (now Delhi Technological University), which he completed between 2001 and 2005.

He then earned a Post Graduate Diploma in Business Management (PGDBM) with dual specialization in Finance and Marketing from XLRI Jamshedpur between 2005 and 2007.

The Birth of Mamaearth

Varun and Ghazal’s son Agastya suffered from eczema at birth. His skin was allergic to products containing chemicals, turning red and itchy when exposed to them. Doctors recommended toxin-free baby care products, but the couple found it difficult to find natural skincare products in India as most baby care products contained toxins.

The couple often asked relatives and friends traveling abroad to bring toxin-free products for their son. This frustrating experience led them to create their own solution.

Founding Honasa Consumer

In November 2016, Varun resigned from Coca-Cola and founded Honasa Consumer Pvt. Ltd. with his wife Ghazal Alagh, launching Mamaearth as their first brand. The company was established to provide safe, toxin-free alternatives for Indian parents.

Varun Alagh Net Worth

The net worth of Varun Alagh’s is ₹5,900 crore (~$710 million) as of 2025. However, estimates vary across sources, with some reports placing his net worth higher based on his shareholding in Honasa Consumer.

Varun Alagh as a Shark in Shark Tank India

Varun Alagh is set to become one of the sharks for Shark Tank India Season 5, bringing the perspective of a founder-CEO who took his brand from scratch to IPO. This follows his wife Ghazal Alagh’s appearance as a shark in Season 1 of the show.


FAQs

What is Varun Alagh age?

Varun was born on August 26, 1984, making him 41 years old as of 2025.

What educational qualifications does Varun Alagh have?

Varun holds a Bachelor’s degree in Electrical Engineering from Delhi College of Engineering (now Delhi Technological University) and a PGDBM in Finance and Marketing from XLRI Jamshedpur.

What is Varun Alagh’s net worth?

The net worth of Varun Alagh is ₹5,900 crore (~$710 million) as of 2025.

Which companies did Varun Alagh work for before founding Mamaearth?

Before founding Mamaearth, Varun Alagh worked at Hindustan Unilever (2007–2012), then at Diageo (2012–2013), and later at The Coca-Cola Company (2013–2016).

What inspired Varun Alagh to start Mamaearth?

Varun and Ghazal’s son Agastya suffered from eczema at birth and was allergic to products with chemicals. The couple found it difficult to find toxin-free baby care products in India, which inspired them to start Mamaearth.

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At eZizz, we're passionate about helping entrepreneurs navigate India's innovation landscape. Our team dedicates itself to: Thoroughly researching government startup schemes and policies Breaking down complex programs into actionable guidance Connecting founders with verified resources and opportunities Our Approach: We base our content on: • Official government documents and announcements • Interviews with incubator managers and program beneficiaries • Analysis of publicly available success stories Why Trust Our Content? ✓ Directly sourced from DST/NSTEDB portals and PIB releases ✓ Regularly verified with ecosystem stakeholders ✓ Clear distinction between official information and our interpretations "We believe accurate information should be accessible to every innovator, regardless of their network or resources."

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