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MENSA BRANDS FUNDING
House of cards: Roll-up ecommerce model stumbles as founders reclaim brands amid funding strugglesOvervalued acquisitions, financial mismanagement, and unmet promises have led to founders buying back brands at a fraction of the original ...
D2C startup 10club appoints Kavitha Rao as COO & cofounderKavitha Rao would spearhead its retail operations across both online and physical channels, while also shaping the firm’s category roadmap ...
Stride Ventures announces $100-million first close of new fundThe venture debt firm had also backed online vehicle service platform GoMechanic, which was offloaded recently in a distress sale. Last Aug...
Mensa Brands acquires MyFitness, to make it Rs 1,000 cr brandMyFitness is the first to launch a chocolate variant of Peanut Butter in India and the world's first crispy Peanut Butter. It is also the o...
10club set to close $30 mn funding round led by Olive Tree Capital10club is also the second company after Mensa Brands to announce that it would launch its products in the US market. “The team has also ini...
Mensa Brands expands into US, Middle East, other global marketsThis comes at a time when the roll-up commerce sector is facing headwinds, with the likes of US-based Thrasio cutting costs amid a change o...
Delhivery CEO says ‘no conflict’ between growth, profits, Mensa spreads its wingsDelhivery said on Monday that its revenue in the March quarter more than doubled from last year to Rs 2,071 crore, while net profit remaine...
Shake-up looms as funding party ends for roll-up ecommerce modelWill a duopoly with two of the players, Mensa and GlobalBees, taking a disproportionate share of capital lead to a major consolidation in t...
GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.
ETtech Deals Digest: Mensa Brands is India's fastest unicornIndia minted another unicorn this week as Mensa Brands, the ecommerce roll-up firm founded by former Myntra CEO and Medlife cofounder Anant...
Mensa trying to be a global tech-led house of brands, says founder of India’s fastest unicorn“We are not just an aggregator, we are an accelerator of brands. Mensa means constellation. We are trying to build a constellation of stars...
Mensa turns unicorn in six months; rollup ecommerce explainedMensa Brands, the brand aggregator and rollup firm founded by former Myntra CEO and Medlife cofounder Ananth Narayanan, is the latest start...
Rollup ecommerce: an idea whose time has comeThe largest acquirer of Amazon businesses and one of the top 25 sellers on Amazon, three-year-old Thrasio is credited with creating a whole...
Mensa Brands turns unicorn within six months of launchMensa Brands, led by former Myntra CEO Ananth Narayanan, has raised $135 million in a new funding round led by Alpha Wave Ventures along wi...
What A16z’s CoinSwitch bet means; MyGlamm's Rs 500-crore acquisitionNow that Andreessen Horowitz's deal with CoinSwitch Kuber is official, we take a look at the details, and what this means for India’s start...
Exclusive: Thrasio eyes India entry, in talks to acquire Lifelong OnlineThe US-based company has lined up about $500 million for the Indian market
Goat Brand Labs raises $36 million from Tiger Global, Flipkart, othersGoat Brand Labs—a Thrasio-style venture of former Flipkart executive Rishi Vasudev—has also secured debt financing of $18 million, taking t...
ETtech Deals Digest: Logistics startups raise bigger financing roundsLogistics and supply chain startups bagged bigger rounds this week. Meanwhile, Mensa Brands—the Thrasio-style venture of former Myntra CEO ...
Former Myntra CEO's 'house of brands' firm raises $50 millionMensa Brands, the Thrasio-style venture of Ananth Narayanan, has received $50 million in debt and equity from Accel Partners, Falcon Edge C...
Myntra leverages its network of kirana stores for last-mile deliveriesIts 'Mensa Network', comprising 2,000 kirana stores (family-run grocery stores) and small shops, now accounts for one in every five deliver...