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Ashish Singh

Stealth • 1m

🤯 India's fastest unicorn Mensa Brands, founded by Ananth Narayanan in 2021, became India's fastest unicorn, achieving a $1.2 billion valuation in just six months.🫡 The company scales digital-first consumer brands across categories like fashion, beauty, and home. Its rapid growth was driven by a $135 million funding round and a unique strategy of acquiring and scaling profitable brands using technology and operational expertise.

12 replies16 likes

Replies (12)

VIJAY PANJWANI

Stealth • 1m

Increasing Value doesn't mean a company is profitable. Mensa Brands’ losses went up from Rs 88 crore in FY22 to Rs 214 crore in FY23, or a 143 percent. Burning investors money is really bad practice. Actually in startups like this initial investors get a very good exit then the remaining investors get stuck. Remaining investors get excited when the company goes for an IPO. After IPO the founder started feeling the heat of public investment. Either that company will become profitable like Zommato or they collapse.

1 replies2 likes

Vijay Kumar

Stealth • 1m

sir aap mere business me invest karna chahenge my contact number 9582529342

0 replies1 like

Anonymous 5

Stealth • 1m

The challenge will be in maintaining the brand identity while scaling and many unicorns struggle with this as they grow fast.

0 replies2 likes

Anonymous 4

Stealth • 1m

6 months to a $1.2 billion valuation is like they’ve cracked the code to rapid growth

1 replies2 likes

Anonymous 3

Stealth • 1m

Talk about speed

1 replies1 like

Anonymous 2

Stealth • 1m

Acquiring and scaling niche brands is ideal for a diverse and growing consumer base like India’s.

1 replies2 likes

Anonymous 1

Stealth • 1m

E-commerce is booming in India, and focusing on these categories is brilliant

1 replies2 likes

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