The D2C (direct-to-consumer) house of brands startup Mensa Brandshas raised Series B funding of $135 million at a valuation of over a billion dollars. Mensa is now one of the fastest unicorns in Asia, after attaining the status within six months of its inception.
Mensa has so far raised a total of more than $300 million in equity and debt. The investment round was led by Alpha Wave Ventures | Falcon Edge Capital with participation from all existing investors — Accel Partners, Norwest Venture Partners, and Tiger Global Management. Prosus Ventures (Naspers) also invested in Mensa in this latest funding round. This also would be Prosus' first investment in space.
