Sunday, 15 November 2026 Tracking Indian retail every day
Exit ·

Zairus Master steps down as chief business officer at Honasa Consumer

Zairus Master, chief business officer at Honasa Consumer, the parent company of Mamaearth, has stepped down from his role. He conveyed his decision to founder and CEO Varun Alagh and is likely to quit soon. The exit comes as the Gurgaon-based company undergoes a massive offline distribution restructuring that has severely impacted its financials. At Honasa, Master played a key role in deciding investment allocations across categories, channels and the company's multiple brands.

The appointment

Zairus MasterChief Business Officerat Honasa Consumer
Reports to
Varun Alagh
Announced
2 January 2025

Key details

Role vacated
Chief business officer
Company
Honasa Consumer, parent of Mamaearth
Joined company
August 2021
Decision conveyed to
Varun Alagh
Company headquarters
Gurgaon
Other brands owned
The Derma Co, Aqualogica, Dr Sheth's, BBlunt, Staze
Recent senior exit
Chief product and technology officer Jayant Chauhan stepped down in November 2024

Career so far

  1. Chief Business OfficerHonasa Consumer · from Jan 2025
  2. CEOShine
  3. Role not statedAirtel
  4. Role not statedNokia
  5. Role not statedHindustan Unilever

Master joined Honasa Consumer in August 2021 and joined the company from job-listing portal Shine, where he was CEO. He earlier had stints at companies such as Airtel and Nokia, and like founder and CEO Varun Alagh, started his career at Hindustan Unilever.

Roles as stated in the announcement; dates of earlier roles are given only where it states them.

About Honasa Consumer

Digital-first house of beauty and personal care brands, including Mamaearth, The Derma Co., Aqualogica and BBlunt.

Full Honasa Consumer profile →

More from Honasa Consumer

Other recent people moves

All people moves →

Based on company announcements, filings and reporting by ET Retail. Details were checked against the source on 14 Nov 2026; we add nothing the source does not state.

Key facts

Company
Honasa Consumer
Person
Zairus Master
New role
Chief Business Officer
Type
Exit
Date
2 Jan 2025
Source
Media reports

Your appointment?

Work at Honasa Consumer? Confirm this entry, correct a detail or send pictures and your official announcement.

Confirm or correct