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UpScalio Raises $15 Mn From Gulf Islamic Investments, Others

Ecommerce roll-up startup UpScalio has raised $15 Mn in a Pre-Series B round led by Gulf Islamic Investments (GII).

Nitin agarwalSupam maheshwari firstcry globalbeesSaaim khanBhavana sureshUnity bankGulf islamic investmentsNorthern arcAnnual recurring revenueGautam kshatriyaGreen soulPresight capitalHeliad equity partnersWhiteboard capitalInnoven capitalSupam maheshwariRishi vasudev

Mensa Brands Picks Up Majority Stake In Gardening StartupTrustBasket

Bengaluru-based rollup ecommerce startup, Mensa Brands, has acquired a majority stake in gardening solutions startup, Trustbasket.

West bengalTamil naduKriti kalashSanthosh appajiKanaka polypackSupam maheshwari globalbeesBhavana sureshUtsav agarwalAnanth narayananPulkir chhabra evenflowSanthosh kumarPlantme agro solutionsMensa brandsGate gardenAccel partnersTiger global

Thrasio-Style Mensa Brands Acquires Leather Brand Estalon

Mensa Brands has acquired Kolkata-based leather goods manufacturer and seller, Estalon. With Mensa, the startup is looking to grow 5X by 2025.

West bengalTamil naduSupam maheshwari firstcry globalbeesMohammed mobashirAnanth narayananBhavana sureshMosay internationalMensa brandsWith mensaMordor intelligenceAlpha wave venturesFounder ananth narayananDennis lingoSupam maheshwariRishi vasudevUtsav agarwal

Thrasio bags $1 billion in Series D round led by Silver Lake to foray into Indian Market

Thrasio has secured over $1 billion in a private funding round backed by technology investor Silver Lake at a valuation between $5 billion and $10 billion.

United kingdomCarlos cashmanSupam maheshwari firstcryJoshua silbersteinBhavana sureshJpmorgan chase coAdvent internationalJpmorgan chase bankSilver lakeOaktree capital managementChase bankGoldman sachs asset managementAmazon indiaAnanth narayananMensa brandsSupam maheshwari

With $1 Bn Fundraise, US-Based Thrasio Eyes Indian Market

Thrasio, that pioneered the concept of acquiring small brands and scaling them, is reportedly entering the Indian market.

United kingdomCarlos cashmanUtsav agarwal pulkir chhabraAnanth narayananSupam maheshwari firstcryJoshua silbersteinAnkit nagori curefoodsBhavana sureshAdvent internationalJpmorgan chase bankSilver lakeOaktree capital managementChase bankGoldman sachs asset managementAmazon indiaSupam maheshwari

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