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Debt | Alive

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Last Raised

$30M | 4 mos ago

About 10club

10club acquires, operates, and grows e-commerce first businesses. It acquires online sellers who sell on Amazon and other eCommerce marketplaces and help them sell more effectively through better management and shared expertise. The company was founded in 2021 and is based in Bengaluru, India.

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Latest 10club News

Thrasio-Style Rollup Ecommerce Unicorn Mensa Acquires Denim Brand High Star

Dec 27, 2021

Earlier this month, Mensa had acquired kidswear brand LilPicks Apart from Mensa, some other brands with the same business model in India include UpScalio, Globalbees, 10Club Thrasio-style rollup ecommerce unicorn Mensa has acquired digital-first Indian denim brand High Star. Earlier this month, Mensa had acquired kidswear brand LilPicks, which is aiming at a gross turnover of INR 500 Cr in the next four years with Mensa on board. Founded in 2012 by Rohit Mirchandani, High Star’s clothing line includes a range of jeans, jackets, skirts, jeggings, palazzos, and shorts for men, women and children. It sells its products through a variety of Indian ecommerce platforms including Myntra, Ajio, and Flipkart. “Mensa’s team will bring their expertise to expand the brand’s presence pan India and take it global. Within the first year of onboarding, Mensa will support us in areas such as digital marketing, technology, working capital management and channel expansion,” said Rohit Mirchandani, founder of High Star. According to Inc42 Plus, the online fashion market is expected to be worth $43 Bn by 2025. Apparel and footwear will dominate the category, contributing almost 77.6% of the total market by then. “Together, we are working towards boosting the brand’s growth trajectory, setting a target of achieving a 10x gross turnover for the brand within the next 4 to 5 years. Our team has outlined a strategic roadmap for expanding the brand’s footprints in the domestic and international markets across channels to reach consumers and continue to improve customer experience,” said Ananth Narayan, founder and CEO of Mensa Brands. The ‘Thrasio-model’ is named after Thrasio, an American startup that pioneered the concept of acquiring small and successful brands and using its own network to scale them up. If you want to learn more about how this works, Inc42 Plus has decoded the model in conversation with Thrasio founder and CEO Carlos Cashman . Apart from Mensa, some other brands with the same business model in India include UpScalio , Globalbees , 10Club among various others including new entrants who have plans to replicate the model across different industries.

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10club Rank

  • When was 10club founded?

    10club was founded in 2021.

  • Where is 10club's headquarters?

    10club's headquarters is located at Bengaluru.

  • What is 10club's latest funding round?

    10club's latest funding round is Debt.

  • How much did 10club raise?

    10club raised a total of $70M.

  • Who are the investors of 10club?

    Investors of 10club include Aman Gupta, Secocha Ventures, Fireside Ventures, Olive Tree Capital, Heyday and 5 more.

  • Who are 10club's competitors?

    Competitors of 10club include GlobalBees and 7 more.

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