Bombay Shaving Company Raises ₹136 Crore

Indian grooming and personal care brand Bombay Shaving Company has successfully raised ₹136 crore in a fresh funding round, marking a significant milestone as the company prepares for its much-anticipated initial public offering (IPO). The investment round was led by Sixth Sense Ventures, along with participation from the Patni Family Office, GII, high-net-worth individuals, and the company’s brand ambassador and investor, Rahul Dravid. Founder and CEO Shantanu Deshpande also contributed to the round, reinforcing confidence in the company’s long-term vision.

With this infusion, Bombay Shaving Company plans to accelerate its omnichannel expansion, strengthen its offline retail presence in Tier 2 and Tier 3 cities, and invest in product innovation and brand building. The company’s annualised revenue run rate has surpassed ₹550 crore, and it has achieved PAT profitability, signalling robust business performance and scalability. Founded in 2016, the brand began with men’s grooming essentials and has since expanded into women’s personal care through its sub-brand Bombae, carving a strong presence in India’s rapidly growing grooming and skincare market.

According to CEO Shantanu Deshpande, the company aims to “go public sooner rather than later” as it seeks to bring retail investors along on its growth journey. The latest funding underscores strong investor confidence in Bombay Shaving Company’s profitability and growth trajectory, positioning it as one of the most promising homegrown grooming brands gearing up for public markets in India.

Source: Economic Times, Business Standard, YourStory, Outlook Business