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Mensa Brands raises Rs 1,004 cr at over $1 billion valuation – mensa brands raises Rs 1004 cr at over $1 billion valuation

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Mensa Brands raises Rs 1,004 cr at over $1 billion valuation – mensa brands raises Rs 1004 cr at over $1 billion valuation

New Delhi, Nov 16 (PTI) Mensa Brands has raised $135 million or Rs 1,004 crore in a financing round led by Alpha Wave Ventures. Based on this, the valuation of the company comes to over $1 billion.

Prosus Ventures (Naspers) and all existing investors Essel Partners, Norwest Venture Partners and Tiger Global Management also participated in the Series-B financing round, a statement said.

In the six months since its launch, Mensa has raised $300 million in equity and debt.

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