CosmicTaco

MensXP Eyes Separation from Mensa Brands After Two Years

CosmicTaco · 2024-09-20T09:19:20.636818+05:30

- India Lifestyle Network (ILN) and Mensa are in talks with VC and PE firms to buy out Mensa's stake in ILN. - ILN wants to operate independently, believing Mensa's growth priorities don't align with its own. - Mensa acquired ILN in 2022 for about $100 million, but ILN now seeks new investors. - ILN founder Angad Bhatia is leading the discussions to secure the buyout. - MensXP plans to restart its influencer-commerce business and offer educational courses as an independent entity. Source: [Inc42](https://inc42.com/buzz/exclusive-two-years-after-acquisition-mensxp-seeks-separation-from-parent-mensa-brands/)

India Lifestyle Network (ILN) and Mensa are in talks with VC and PE firms to buy out Mensa's stake in ILN.
ILN wants to operate independently, believing Mensa's growth priorities don't align with its own.
Mensa acquired ILN in 2022 for about $100 million, but ILN now seeks new investors.
ILN founder Angad Bhatia is leading the discussions to secure the buyout.
MensXP plans to restart its influencer-commerce business and offer educational courses as an independent entity.

Source: Inc42