After Myntra and Medlife, here’s what Ananth Narayanan is up to

Good morning!


Ananth Narayanan is no stranger to building ecommerce brands. He was the CEO of Myntra and joined Medlife as Co-founder and CEO, which was later acquired by PharmEasy.


In May 2021, he launched his new venture Mensa Brands, which wants to work with homegrown D2C brands, which generate over 70 percent of their sales online, have an annual revenue range of Rs 10-70 crore, and are profit-generating.


"Mensa aims to partner with the best founders and brands, invest in a majority stake of these brands, and create an operating system for them to scale, which will be a combination of product, technology, and ecommerce expertise," he tells YourStory.


Last month, it raised approximately $50 million in a Series A round led by Accel Partners, Falcon Edge Capital, Norwest Venture Partners as well as prominent angel investors such as Kunal Shah, Mukesh Bansal, Rahul Mehta of  DST Global, and Scott Shleifer of Tiger Global.


The founding team at Mensa has a combined experience of over 60 years in Indian and global ecommerce, bringing in-house domain expertise in marketplace-native technology, data mining and digital marketing, category management and operations, brand building, and global expansion.



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Building 'Facebook and LinkedIn' for farmers and agri traders


Hailing from a farming family, Rajesh Ranjan quit his job to use technology to make farming transparent and efficient, and connect them with the right people.


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Krishify snapshot

Infographic: YS Design



News & Updates







Before you go, stay inspired with… 

Ananth Narayanan
“We will help their brands grow and scale into a household name by leveraging our sourcing, design, technology, digital marketing and inventory management capabilities.”

Ananth Narayanan, Founder and CEO, Mensa Brands



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Link : https://yourstory.com/2021/06/myntra-medlife-ananth-narayanan-mensa-brands-ecommerce
Author :- Team YS ( )
June 24, 2021 at 06:00AM
YourStory

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