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40 Under 40

Asia Inc. 500 · 40 Under 40 · The 2026 Edition

THE FINAL 40

The finalists announced so far. One generation shaping what comes next.

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Ghazal Alagh

Business · 37

The Mother Who Built a FMCG Empire

Co-Founder | Chief Innovation Officer | D2C Pioneer | Shark Tank India Judge | Brand Builder

Ghazal Alagh is the co-founder of Honasa Consumer, the parent company behind Mamaearth, The Derma Co., Aqualogica, BBlunt, and other personal-care brands. She and Varun Alagh launched Mamaearth in 2016 after searching for safe, toxin-free products for their child, turning that personal need into a publicly listed digital-first FMCG company.

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