2026 · Honasa Consumer
Varun Alagh — Co-Founder & CEO, Honasa Consumer Limited (official profile)
Honasa became India's first unicorn of 2022 in January that year, raising $52 million led by Sequoia at a $1.2 billion valuation — a milestone the company frames as validation of rapid growth and category leadership, even though the same valuation benchmark would later become politically charged during the IPO debate.