<ul data-eligibleForWebStory="true">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.