Estalon has largely been a family-owned business with its leather manufacturing expertise spanning three generations. It specializes in creating leather products such as, ladies’ handbags, shoulder bags, purses, men’s wallets, folios, gloves, and various other accessories. Currently, Estalon sells majorly in the US through Amazon.
Ananth Narayanan, Founder and CEO of Mensa Brands said, “We envision Estalon becoming a leading global leather accessories brand from India with its strong product line and quality leather workmanship. The Estalon team has decades of experience in leather manufacturing, and we believe that with Mensa’s complementary skills in technology, operations and brand building, it is poised to achieve a high growth rate of five times that of the market in the next 3-5 years.”
Speaking on the association with Mensa Brands, Mohammed Mobashir, founder of Estalon, stated, “It feels great to be a part of the Mensa family. The Mensa team’s expertise and enthusiasm will help expand our brand’s footprint and achieve the growth goals we have set together. We are focused on better serving existing customers and reaching new customers, by introducing new products, launching on new channels, and fine-tuning the customer experience.”
Mensa partners with digital first brands operating in different categories, including fashion and apparel, home and garden, beauty and personal care, food, and others. The enterprise is fast and founder friendly and closes end-to-end acquisitions within 4-6 weeks. Mensa believes that e-commerce in India is at an inflection point of non-linear growth offering the best opportunity to build global brands from India. Mensa recently acquired High Star, a denim brand serving fashion forward and digital-first consumers.