What Mamaearth’s plateau teaches businesses
- Abdul Basith

- May 21, 2025
- 3 min read
Updated: Jul 19, 2025
Mamaearth, once celebrated as a fast-growing D2C brand, found itself at a critical crossroads. After achieving unicorn status, the parent company, Honasa Consumer, made a major shift in its supply chain strategy. The goal was clear: cut costs and improve margins. But the move came with consequences that have put its growth story under pressure.

