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Exclusive: BRND.ME Sells MensXP To RPSG Group

  • BRND.ME sells MensXP's parent entity to RPSG Group for around $9 Mn in an all-cash deal, an 85% drop in valuation.
  • India Lifestyle Network (ILN), founded in 2017 by Anagad Bhatia, includes MensXP, iDiva, and HYPP.
  • RPSG Group has integrated MensXP and iDiva into its online media platform, Hook.
  • Bhatia moved out of MensXP to join Network18’s Firstpost and Creator18 as CEO.
  • BRND.ME has been in talks to offload its stake in some acquired businesses to raise capital.
  • BRND.ME, founded by Anath Narayanan, acquires digital-first startups and has raised over $300 Mn in funding.
  • BRND.ME trimmed its consolidated net loss by 31% to INR 155.85 Cr in FY24 and saw an 11.6% increase in operating revenue.

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