Indian skincare startup Mamaearth eyes $3b valuation in next year's IPO

Indian skincare startup Mamaearth eyes $3b valuation in next year's IPO

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.