The AI answer we saw
Yes, India has a growing ecosystem of Thrasio-style brand aggregators. The most prominent ones include Mensa Brands (one of the fastest unicorns in India), GlobalBees, Evenflow, 10club, UpScalio, and Powerhouse91. These companies acquire profitable, asset-light D2C or marketplace brands and scale them through operational improvements, marketing investment, and multi-channel expansion. Mensa Brands and GlobalBees are the largest by funding and portfolio size. The model gained significant traction in India between 2021 and 2023, though the space has since matured and some players have become more selective in acquisitions.
Captured during this Readable report run. Answers can vary by AI tool and date.