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Mamaearth IPO turns spotlight on those counting riches, blessings
Fireside Ventures, the earliest institutional investor in the omnichannel retailer, cumulatively invested Rs 29.1 crore, and has raised Rs 258 crore from the initial public offering (IPO) alone. The consumer-focussed venture capital firm sold Honasa Consumer shares worth Rs 547.4 crore, and is still sitting on unsold investments worth Rs 821.49 crore.
