Funding · Commerce & Consumer Brands
Brnd.me shifts domicile to India and raises debt
By Startup Enthusiast ·
- Date
- Company
- BRND.ME
- What it does
- E-commerce roll-up platform for digital brands
- Kind
- Funding
- Amount
- Rs 300 Cr
- Founded
- 2021
What they do
Brnd.me buys and grows digital-first brands in fashion, home, beauty, and food
What happened
It moved its legal home from Singapore to India and raised Rs 300 crore via non-convertible debentures
Why it matters
The company is considering an initial public offering within the next 12 to 18 months
The details
- Brnd.me completed its domicile shift from Singapore to India after approvals from the High Court of Singapore and NCLT Chandigarh.
- The company changed its legal name from Mensa Brand Technologies Private Limited to Mensa Brand Technologies Limited following RoC filings.
- It raised Rs 300 crore through 3,000 non-convertible debentures, each with a face value of Rs 10 lakh.
- JM Financial and other investors participated in this debt raise, with the board resolution passed in March.
- The company is considering an initial public offering within the next 12 to 18 months.
- This follows previous debt funding of Rs 48 crore from Stride Ventures last April.
- Brnd.me aims to expand into Southeast Asia markets.
About the business
- Brnd.me operates as an e-commerce roll-up platform that invests in digital-first consumer brands.
- Its portfolio includes brands in fashion, home, beauty, and food categories.
- Notable portfolio examples include MyFitness and other wellness and lifestyle brands.
- The company has a presence across 16+ international markets including India, US, Canada, Middle East, and Europe.
- It targets an exit run rate of Rs 1,700–1,800 crore for FY26.
- Current revenue for FY25 stands at approximately Rs 1,500 crore.
What happens next
- Exploring entry into Southeast Asia markets for expansion.
- Planning an initial public offering within 12–18 months.
The deal
- Type
- Debt Raise
Investors
- JM Financial (lead) — Financial services firm participating in the NCD issuance.
- Stride Ventures (existing) — Provided Rs 48 crore debt funding last April.
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