People · Commerce & Consumer Brands

Honasa names Shivang Jain CEO of BTM Ventures

By Startup Enthusiast · 14 July 2026

What they do

Honasa Consumer owns Mamaearth and other beauty brands, and has a majority stake in BTM Ventures, which runs Reginald Men

It named Shivang Jain CEO of BTM Ventures, which runs Reginald Men and Molecular Company, after Honasa acquired a majority stake in the subsidiary

Jain was previously VP Corporate Strategy and Chief of Staff at Honasa

Honasa Consumer named Shivang Jain as CEO of BTM Ventures, the subsidiary it holds a majority stake in.
BTM Ventures operates the brands Reginald Men and Molecular Company.
Jain will oversee strategy, operations, and growth of both brands, following the acquisition announced in December 2025 and completed in January 2026.
He was previously VP Corporate Strategy and Chief of Staff at Honasa Consumer.
He worked closely with Honasa founders on corporate strategy and portfolio expansion.
Honasa acquired a 95% stake in BTM Ventures in a deal announced in December 2025 and completed in January 2026.

The move strengthens Honasa's leadership in its newly acquired subsidiary.
Jain's internal promotion signals continuity of Honasa's growth playbook.
Honasa co-founder and CEO Varun Alagh said Jain played an important role in Honasa's growth.

Honasa Consumer is the parent company of Mamaearth, a digital-first house of brands in beauty and personal care.
Its portfolio includes Mamaearth, The Derma Co., Aqualogica, Lumineve, Staze, BBlunt, Dr Sheth's, Reginald Men.
Honasa is the largest digital-first BPC company in India with eight unique brands.
It has an omni-channel presence across 750+ districts in India.
BTM Ventures operates Reginald Men, a science-led skincare and personal care brand for men.
BTM Ventures also operates Molecular Company, a personal care brand.