HSBC said it appreciates the move but remains cautious, calling sustained scalability in Honasa’s core portfolio uncertain. JPMorgan said the deal will be funded through internal accruals but that scaling a largely D2C brand nationally will be key.
HSBC said it appreciates the move but remains cautious, calling sustained scalability in Honasa’s core portfolio uncertain. JPMorgan said the deal will be funded through internal accruals but that scaling a largely D2C brand nationally will be key.