India Lifestyle Network (ILN), the parent company of popular digital platforms MensXP, iDiva, and Hypp, is exploring the possibility of separating from Mensa Brands. This move comes two years after Mensa’s acquisition of ILN for approximately $100 million. The decision stems from a perceived misalignment in growth priorities between the two entities.
Background of the Acquisition
Mensa Brands…
Online business rollup stages in India propelled by the renowned Thrasio model have kept on cleaning up new speculation. In the wake of bringing $50 million up in a blend of obligation and value round, Mensa Brands has raised another $33 million from four existing financial backers.
Alpha Wave Incubation (AWI) and Norwest co-drove this new round with $11 million each though Accel has placed in $10…
