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Funding · Commerce & Consumer Brands

Brnd.me shifts domicile to India and raises debt

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Date
Company
BRND.ME
What it does
E-commerce roll-up platform for digital brands
Kind
Funding
Amount
Rs 300 Cr
Founded
2021
Sector
Commerce & Consumer Brands

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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