Stellaris, a well-known investor in Mamaearth, has successfully raised $300 million for its third fund. This significant amount of money will be strategically allocated across various sectors, enhancing Stellaris's investment portfolio and supporting growth initiatives in the market.

The firm has stated that the funds will be directed towards promising startups and established companies, with a focus on innovation and sustainability. This aligns with the current trend in the investment landscape, where there is a growing emphasis on supporting businesses that prioritize environmental and social governance.

Investors and stakeholders are closely observing how Stellaris will utilize this capital, as it could have an impact on market dynamics and investment strategies in the future.