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Myntra ex-CEO's Mensa Brands raises ₹300 cr debt from TradeCred
short by Mansi Agarwal / on Wednesday, 8 February, 2023
Former Myntra CEO Ananth Narayanan's Mensa Brands has raised ₹300 crore in debt from alternative debt platform TradeCred. The fundraise comes over a month after Mensa partnered with India Lifestyle Network to acquire MensXP, iDiva and Hypp from Times Internet. The company counts Tiger Global Management, Accel, Prosus and Norwest Venture Partners among its investors.
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