India, May 2 -- Bengaluru-based D2C menswear brand DaMENSCH has raised INR 21.62 Cr (about $2.5 Mn) in an extended Series B round from its existing investors Matrix Partners, Saama Capital, Whiteboard Capital, and A91 Emerging Fund.

The startup's board passed a resolution last month to raise the funding by issuing compulsorily convertible preference shares to the investors. The funds were raised at a post-money valuation of about $66 Mn, as per Inc42 estimates.

The development was first reported by Entrackr.

The fundraise comes almost two years after DaMENSCH raised $16.4 Mn in a funding round led by A91 Partners.

Including the latest funding round, DaMENSCH has raised over $25 Mn till date.

Founded in 2018 by Anurag Saboo and Gaurav...