Mensa Brand’s FY24 Loss Narrows 31% To INR 156 Cr

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SUMMARY

The startup saw its operating revenue increase 11.6% to INR 557.66 Cr during the year under review from INR 499.63 Cr in FY23

Along with the increase in its top line, Mensa Brands managed to trim its total expenses by 7% to INR 712.60 Cr in FY24 from INR 763.22 Cr in the previous fiscal year

Founded in 2021 by former Myntra CEO Ananth Narayanan, Mensa Brands has raised a total funding of about $300 Mn to date

House of brands Unicorn Mensa Brands’ consolidated net loss declined about 31% to INR 155.85 Cr in the…



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Mensa Brand’s FY24 Loss Narrows 31% To INR 156 Cr


SUMMARY

The startup saw its operating revenue increase 11.6% to INR 557.66 Cr during the year under review from INR 499.63 Cr in FY23

Along with the increase in its top line, Mensa Brands managed to trim its total expenses by 7% to INR 712.60 Cr in FY24 from INR 763.22 Cr in the previous fiscal year

Founded in 2021 by former Myntra CEO Ananth Narayanan, Mensa Brands has raised a total funding of about $300 Mn to date

House of brands Unicorn Mensa Brands’ consolidated net loss declined about 31% to INR 155.85 Cr in the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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