D2C unicorn Mensa Brands raises $36m in debt funding

D2C unicorn Mensa Brands raises $36m in debt funding

Tech in Asia·2023-02-07 20:01

Image credit: Timmy Loen

After a slew of M&A deals last year, Mensa Brands said it has raised 3 billion rupees (about US$36 million) in debt from TradeCred to continue the acquisition spree.

India-based Mensa Brands was launched in May 2021 and within just six months, it turned unicorn after raising a US$135 million series B round.

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