Amid talks with Tiger Global, Mensa Brands raises $33 Mn
Shortpedia
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E-commerce rollup platforms in India inspired by the famed Thrasio model have continued to mop up fresh investment. After raising $50 million in a mix of debt and equity round, Mensa Brands has closed another $33 million from four existing investors. Alpha Wave Incubation (AWI) and Norwest co-led this new round with $11 million each whereas Accel has put in $10 million, Mensa Brands’ regulatory filings in Singapore show.