Ghazal Alagh is the co-founder of Mamaearth, the brand you probably know for its safe, toxin-free baby care and skincare products. She’s also a mom, an artist, and a judge on Shark Tank India Season 1. From her hometown in Haryana to leading a billion-dollar company, Ghazal’s story is super inspiring. Curious about her net worth in 2025 and how she made it big? Let’s dive in!
How Much Is Ghazal Alagh Worth in 2025?
In 2025, Ghazal Alagh’s net worth is estimated at Rs 150–200 crore (about $18–24 million). Most of her wealth comes from her share in Honasa Consumer Ltd., the company behind Mamaearth, which is worth over Rs 12,500 crore. She’s also earning from startup investments and brand deals.

Mamaearth started with just Rs 90 lakh in 2016 and became a Rs 10,000 crore unicorn by 2024. Ghazal, as Chief Innovation Officer, and her husband, Varun Alagh, as Chairman, have turned it into a household name.
The Mamaearth Magic
Ghazal and Varun started Mamaearth in 2016 when they couldn’t find safe, natural products for their son, Agastya, who had sensitive skin. They launched with six baby care products, all free of harmful chemicals. Now, Mamaearth sells over 300 products—think baby lotions, shampoos, skincare, and even wellness goodies—certified as Asia’s first MADE SAFE brand.
Here’s how Mamaearth grew:
- 2016: Kicked off with Rs 90 lakh and a mission for safe products.
- 2018: Won Best Brand of the Year award.
- 2023: Went public with a Rs 1,701 crore IPO.
- 2024: Hit a Rs 10,000 crore valuation, with $238 million in revenue for the year ending March 2024.
Mamaearth’s online-first vibe, eco-friendly packaging, and new brands like The Derma Co. and Aqualogica have made it a favorite for millions.
Where Her Money Comes From
- Mamaearth Shares: Ghazal’s stake in Honasa Consumer Ltd. is the biggest chunk of her wealth.
- Startup Bets: She’s invested in cool companies like The Sass Bar, Uvi Health, and Wakao Foods through Shark Tank India.
- Brand Collabs: She earns from partnerships with other beauty brands and endorsements, including a Rs 29 crore investment from actress Shilpa Shetty in 2019.
- YouTube: Her channel, packed with lifestyle and product tips, brings in some extra cash from ads.
Her Early Days
Ghazal was born on September 2, 1988, in Gurugram, Haryana, in a middle-class family. Her dad, Kailash Sahni, faced money struggles, which taught her to value every penny. She studied Computer Applications at Panjab University and later explored art at the New York Academy of Art. Her paintings even made it to galleries across India and abroad!
Before Mamaearth, Ghazal worked as a trainer at NIIT, earning Rs 1,200 a day. In 2012, she tried running Dietexpert.com, a diet plan site, but it didn’t take off. Those early hustles shaped her into the powerhouse she is today.
Also Read: Deepinder Goyal’s Net Worth
Living Life and Giving Back
Ghazal lives in Gurugram with Varun, their sons, Agastya and Ayaan, and their big family. She loves driving her Audi, BMW, or Mercedes and shares her world on Instagram (469k followers). She’s an early bird, kicking off her day with yoga and a to-do list.
Ghazal’s all about doing good, too. Mamaearth’s Plant Goodness campaign promotes sustainability, and their eco-friendly packaging is a big win for the planet. She tests every product herself to make sure it’s perfect for customers.
Awesome Achievements
- 2018: Mamaearth named Best Brand of the Year.
- 2019: Made the Economic Times 40 Under 40 list and won the Super Startup Asia Award.
- 2022: Featured in Forbes Asia’s Power Businesswomen and Business Today’s Most Powerful Women in Business.
What’s Next for Her Wealth?
Ghazal’s fortune is set to grow as Mamaearth reaches new heights. Here’s what could boost her net worth:
- Going Global: Mamaearth is expanding to places like Bangladesh and Nepal.
- More Brands: Investments in The Derma Co. and Aqualogica are taking off.
- Stock Surge: Honasa’s value could climb, making her shares worth even more.
The Bottom Line
Ghazal Alagh’s Rs 150–200 crore net worth shows what’s possible when you chase a dream. From a Rs 90 lakh startup to a Rs 10,000 crore empire, she’s made Mamaearth a trusted name for safe, natural products. With big plans to go global, Ghazal’s wealth and influence are just getting started. Want to follow her journey? Check her out on Instagram or keep an eye on financial news!