Founded in 2021 by former Myntra CEO Ananth Narayanan, Mensa Brands owns and operates several consumer brands.
The company has raised over $300 Mn in total funding so far.
The company’s net loss doubled year-on-year (YoY) to INR 227 Cr in FY23. While its operating revenue surged over 137% YoY to INR 499.6 Cr
Tiger Global-backed Mensa Brands, known for acquiring and scaling fashion, home and personal care labels, is shifting its domicile from Singapore to India, Dealstreet Asia reported.
Inc42 has reached out to Mensa Brands
for comments on the development. The story will be updated based on the response.
Founded in 2021 by former Myntra CEO Ananth Narayanan, Mensa Brands owns and operates several consumer brands such as Pebble, MyFitness and Dennis Lingo among others. It earns a majority of its revenue from sale of products.
The company has raised over $300 Mn in total funding so far and counts Accel Partners, Prosus and Tiger Global, Alteria Capital, InnoVen Capital and Stride Ventures among its investors.
Mensa is yet to disclose its consolidated financial numbers for the financial year 2023-24 (FY24), its net loss doubled year-on-year (YoY) to INR 227 Cr in FY23. While its operating revenue surged over 137% YoY to INR 499.6 Cr in the year under review.
(The story will be updated soon)
