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Unique Startup Stories (9/20) This startup became the India's fastest unicorn archiving UNICORN status in just 6 Months! This is none other than Mensa Brands What does it Do? So it was founded by Ananth Narayanan in May 2021, and it Aquires and he

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Havish Gupta

Stealth • 8m

Funding • On 16 Nov, 2021, it raised $135 Mil at A Billion dollar Valuation from Alpha Wave Ventures. • it has raised total of $200 Million from 33 Investor Leading Investor Tiger Global Management, Falcon Edge Capital, Accel, and Norwest Venture Partners Financials FY22: Revenue:₹218 Cr Loss: ₹96 Cr FY23: Revenue: ₹505 cr Loss: ₹214 cr CEO Background Initially he worked 15 years at McKinsey. Then he was appointed as Myntra 's Ceo. Later He Created MedLife and finnally Mensa. Competitor It is inspired from Thrasio, an American startup which worked on similar model. Only difference is that, it use to aquire fully at first, while Mensa aquires them fully in 5 years. There are few more indian competitor as well.

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