Former Myntra Ceo'S Mensa Brands Raises $50 Million From Accel, Others

Mensa Brands, the new venture of former Myntra CEO and Medlife co-founder Ananth Narayanan, has raised around $50 million in a mix of equity and debt. The Series A round was led by Accel Partners, Falcon Edge Capital and Norwest Venture Partners, and also included prominent angel investors such as Kunal Shah, Mukesh Bansal, Rahul Mehta of DST Global and Scott Shleifer of Tiger Global. Alteria Capital and InnoVen Capital provided debt to the firm.