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Acquisition

Mensa announces acquisition of MensXP, IDiva, Hypp Brands

Mensa Brand Technologies Pvt. Ltd, which owns a clutch of direct-to-consumer companies under Mensa Brands, has partnered with India Lifestyle Network to acquire lifestyle portals MensXP, iDiva, and creator management and marketing company Hypp from Times Internet for an undisclosed sum, according to VCCircle report. The acquisitions that have been done for an undisclosed sum will enhance Mensa’s digital brand-building […]

Categories
Investment

Mensa Brands secures $50 million from Accel, others

Former Myntra CEO’s Mensa Brands has announced that it has secured $50 million as it closes its Series A funding round. The round saw participation from Norwest Venture Partners, Falcon Edge Capital, Accel Partners along with angel investors Kunal Shah, Rahul Mehta, Mukesh Bansal, and Tiger Global’s Scott Shleifer. “The fund will be used to nurture, accelerate and scale […]