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

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…