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Ashish Singh

Stealth • 2d

🤯 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, b

VIJAY PANJWANI

Stealth • 1d

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.

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Ashish Singh

Stealth • 1d

👍🫡

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