DaMENSCH raises ₹17.4 crore across two tranches at ₹600 crore valuation
Existing backer A91 Partners and new investor Tancom Electronics provided the latest financing for the men’s apparel brand.
Fresh capital at a flat reported valuation
DaMENSCH raised ₹17.4 crore across two tranches from A91 Partners and Tancom Electronics. The reported ₹600 crore valuation was unchanged in the latest financing.
The proceeds will support business requirements and growth as direct-to-consumer apparel brands face pressure to turn revenue growth into profitability. A91’s return brings an existing backer into the financing alongside Tancom as a new investor.
Use of funds
Business requirements
Support growth