Gurugram: Honasa Consumer Ltd., the beauty and personal care company, has elevated Shivang Jain as Chief Executive Officer of BTM Ventures, the parent company of Reginald Men and Molecular Company, as it looks to accelerate the growth of the recently acquired businesses.
The appointment follows Honasa Consumer’s acquisition of a majority stake in BTM Ventures in December 2025 and reflects the company’s strategy of strengthening leadership across its portfolio through internal talent development.
In his new role, Jain will oversee the strategic direction, business operations and growth of BTM Ventures, leading the expansion of both Reginald Men and Molecular Company in India’s fast-growing personal care market.
Prior to his appointment, Jain served as Vice President, Corporate Strategy and Chief of Staff at Honasa Consumer, where he worked closely with the founders on corporate strategy, portfolio expansion, business planning and key strategic initiatives.
Commenting on the elevation, Varun Alagh, Co-founder and CEO, Honasa Consumer Limited, said, “Shivang has been at the core of many of our strategic initiatives and has played an important role in shaping Honasa’s growth journey. He understands our playbook for building and scaling consumer-first brands and has consistently demonstrated the ability to translate ideas into execution. We see a strong opportunity ahead for BTM Ventures, and I am confident Shivang will continue building the brands with agility, innovation, and a deep understanding of evolving consumer needs.”
Speaking about his new role, Shivang Jain, CEO, BTM Ventures, said, “I’m incredibly excited to take on this new role and lead the next phase of growth for BTM Ventures. Building brands has always been what energizes me, and this opportunity brings together two brands with strong foundations and immense potential. As consumers become increasingly conscious and discerning about the products they choose, there is a significant opportunity to build brands that truly resonate with their evolving needs. I look forward to working closely with our talented team to strengthen Reginald Men and Molecular Company, accelerate innovation, and create meaningful value for our consumers. Together, we’ll focus on building category-defining brands that deliver superior products and long-term trust.”
Jain brings more than a decade of experience in corporate strategy, mergers and acquisitions, and business transformation. Before joining Honasa Consumer, he held roles at Avendus Capital, EY and JPMorgan Chase & Co. He is a postgraduate in business management from XLRI Jamshedpur.
