Honasa Consumer Appoints Dheeraj Nagpal, Madhur Acharya To Leadership Roles For New Category Push
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Honasa Consumer Appoints Dheeraj Nagpal, Madhur Acharya To Leadership Roles For New Category Push

Honasa Consumer Q3 Profit Jumps 265%, Revenue Up 28%

The company strengthens its leadership bench as it looks to build new businesses and expand into emerging consumer categories

 

Honasa Consumer has strengthened its leadership team with the appointments of Dheeraj Nagpal and Madhur Acharya as it accelerates efforts to build new categories and scale emerging businesses.

Nagpal has been brought in to spearhead the development of new categories for the company. He previously co-founded wellness startup Zingavita, where he focused on brand strategy, marketing, and product innovation. His earlier experience also includes roles at Zomato and American Express.

On his new role at Honasa, Dheeraj Nagpal said, “I’m extremely excited to join Honasa at such a pivotal stage of its growth journey and be a part of a company that has consistently built purpose-led, consumer-first brands by identifying emerging needs early. Honasa’s ability to spot evolving consumer shifts and build disruptive brands at scale makes this an incredibly exciting opportunity. I look forward to building the next phase of brands with the Honasa team and contributing to the company’s larger vision of creating meaningful brands for new-age Indian consumers.”

Meanwhile, Madhur Acharya has joined the company to help create its next category from the ground up, with a focus on shifting consumer identities and the aspirations of younger Indian consumers. Prior to this, he was Vice President, Ecommerce at Lenskart, where he worked on brands such as Aqualens. He has also held positions at Wow Skin Science and Forest Essentials.

Speaking about his appointment, Madhur Acharya said, “I’m incredibly excited to join Honasa at a time when the company is building the next wave of future-focused consumer brands and redefining categories for evolving Indian consumers. Honasa’s ability to identify emerging white spaces and build deeply consumer-first, digital-led brands makes this an incredibly exciting opportunity to build for the next generation of Indian consumers. I look forward to contributing to the leadership team and building differentiated brands that resonate strongly with evolving consumers while shaping the future of new-age categories. The real wowork starts now.”

Varun Alagh, Co-founder and Chief Executive Officer, Honasa Consumer, said the appointments are aimed at strengthening the company’s leadership as it pushes into newer categories.

“At Honasa, we are constantly looking at emerging consumer shifts and identifying spaces where we can build meaningful brands for our consumers,” Alagh said. He added, “Dheeraj and Madhur bring deep consumer understanding, entrepreneurial thinking, and strong category expertise, making them great additions to our leadership team.”

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