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Mensa Brands sees loss widen to Rs 213 crore, revenue jumps 2.5 times
Roll-up ecommerce startup Mensa Brands saw its total loss for FY23 widen over twofold from a year ago to reach Rs 213.9 crore, while total income grew 150% to Rs 505.1 crore, data from market intelligence firm PrivateCircle showed.
Mensa Brands makes UAE ecommerce foray; eyes Saudi Arabia next
The firm houses a total of 25 brands under its umbrella across fashion, beauty, fast moving consumer goods (FMCG), and content like Villain, Pebble, Folkulture, and MyFitness. The company’s men’s lifestyle and personal care brand Villain, smart wearables brand Pebble, and home décor label Folkulture will have a presence on Amazon and regional ecommerce platform Noon in the UAE.
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