D2C men’s lifestyle brand DaMENSCH has raised $16.4 million in its Series B round led by A91 Partners. Existing investors Saama Capital, Matrix Partners, Whiteboard Capital and Alteria Capital also participated in this round.
DaMENSCH will use the funds to invest in technology enhancements, strengthen and diversify the product portfolio, the company said in a release.
In November 2020, the startup had raised about Rs 50 crore (close to $7 million) in Series A funding from Matrix Partners India,
Founded in 2018 by Anurag Saboo and Gaurav Pushkar, DaMENSCH’s product line includes Deo-Soft and Neo-Skin. Over the years, the startup has expanded its product offerings.
The Bengaluru-based startup claims to have made more than 10 million shipments across more than 50 cities.