With the brand endorsed by popular Bollywood celebrities, the duo has cashed in on growing e-commerce adoption in India by offering its products on platforms such as Amazon and Walmart's Flipkart. Mamaearth was co-founded by Varun Alagh, a former Hindustan Unilever executive, and his wife Ghazal.
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I experienced several Christmases on duty at the Embassy.
But this year we are in a different land. ‘I know I am lucky to be alive and lucky to be in England where my family can celebrate the Christmas season.
We feared that it might never be a reality, but we needed that dream to keep going,' he says. England was a dream to hang on to - it represented hope for me and my family, and for all of us who risked our lives beside British soldiers.
Bezos, who is estimated to be worth $131.9 billion, is the third richest man in the world after Tesla owner Elon Musk, who knocked him off the top spot with a net worth of $213.9 billion and Bernard Arnault, who oversees an empire of 70 brands including Louis Vuitton and Sephora, according to Forbes.
Our first Christmas in Britain will be something we will never forget. I know that people give gifts and thanks at Christmas for what they have, and I would like to thank the British Government. ‘Our dream has come true.
MUMBAI, June 21 (Reuters) - Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company's plans told Reuters.
‘Everyone is excited, there is a spirit that is uplifting at this time of year, whatever your religion and beliefs.' That can be seen in his children's faces as they put up a Christmas tree in the west London flat of their aunt, Muzghan, 35, a British citizen. There's confusion when handed crackers - they have never seen them before.
CEO Alagh told the Business Standard newspaper in January that 70% of Mamaearth's sales come from online platforms, but it was targetting a bigger offline presence and aiming to reach 40,000 retail outlets in 100 cities this year.
The number of online shoppers for beauty products is also projected to rise to 135 million from 25 million during that period, it added. One equity research analyst, however, said the success of Mamaearth's IPO could hinge on how it plans to rapidly expand into offline sales.
Most Indians still go to retail outlets to shop, with e-commerce accounting for just 5-6% of spending.
The Amazon founder first became a billionaire in 1998, the year after Amazon went public as an online bookseller and has since increased his fortune by 12,425 percent — now raking in more than $140,000 per minute.
With a neat and compact 5.5-inch touch screen display, it helps control your smart home devices, plays TV programmes and Books films via Prime Video, Netflix and more, and connects with friends and family. The Echo Show 5 is now 40 per cent off on Amazon.
Jokes are handed to Farid, who asks his girls to repeat English words after him. ‘What do snowmen eat for lunch?' Answer: ‘Iceburgers.' There is frowning as they wait for the translation, and then squeals of laughter.
Stuttgarter Platz 3, Winden
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