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MensXP Eyes Separation from Mensa Brands After Two Years
- 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
2mo ago3.2K views
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