Mensa Brands has raised $135 million in fresh funding. With this, the six-month-old venture is valued at over a billion dollars.
Superstar Unicorn
This makes it the fastest Indian start-up to become a ‘unicorn’. Mensa Brands was founded by former Myntra CEO Ananth Narayanan. Mensa has acquired 12 brands such as designer sarees, jewellery, men’s wear etc.
Solid funding
Most of these brands have been growing 100 per cent year-on-year since the acquisition.Mensa has raised over $300 million in equity or debt so far. It is among the best-funded players in the e-commerce rollup space in India..
