PE Fund Investments
Brands aggregator Mensa raises $40-M from Singapore's EvolutionX
Bengaluru-headquartered e-commerce company Mensa Brands has attracted USD 40 million in growth capital from EvolutionX Debt Capital through a mix of debt and convertible instruments. The company owns consumer brands such as Pebble, MyFitness, Dennis Lingo, and Villain. Mensa Brands intends to use the funds for further development of brands. The company has raised USD 200 million in equity from Accel Partners, Falcon Edge Capital, Norwest Venture Partners, Prosus Ventures, and Tiger Global Management. It has raised debt from Alteria Capital, InnoVen Capital, Stride Ventures, and TradeCred.
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