Shamsheer Vayalil's healthcare empire, corporatisation of Indian fashion houses, and analytics empowering athletes are some of the stories that piqued the interest of our readers this week
1) Cold feet on debutBefore the IPO, experts were not convinced by the valuation proposed by Honasa Consumer, the parent company of the beauty brand Mamaearth. When the company landed on the bourses, it turned out investors were also not convinced by the promises of its potential. The stock debuted at Rs330 on NSE, almost flat. Was it steep valuations, unstable financial performance, high advertising spending or something else that dissuaded analysts from the digital-first brand's pitch? Here's a look at the red flags and the possible future of Honasa on the stock market.