VC Fund Investments
Men's clothing brand DaMENSCH raises $16.4 M from A91 Partners, Matrix, others
Bengaluru-based men's clothing D2C brand DaMENSCH has raised USD 16.4 million (INR 122.7 crore) in a fresh funding round led by A91 Partners. The new round will also see participation from its existing investors such as Matrix Partners India, Whiteboard Venture Partners, and Saama Capital. A91 Partners is infusing almost INR 100 crore in the new round. DaMENSCH's product line includes Deo-Soft, billed as India's first odour cancelling underwear, and Neo-Skin, thermo-regulating vests made from a curated composition of sustainable bamboo fibres. The company is also likely to raise a debt round from Alteria Capital.
From the Venture Intelligence PE-VC Deal Database: Between Nov-18 and Nov-20, DaMENSCH raised $8.5 M from Alteria Capital, Whiteboard Capital, Saama Capital, Matrix Partners India, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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