Bombay Shaving Company Raises Rs 136 Cr to Fuel Growth Ahead of IPO
- Bombay Shaving Company raises Rs 136 crore in latest funding round led by Sixth Sense Ventures
- Funds to expand retail presence, boost brand building, and strengthen omnichannel operations
- Company eyes IPO after achieving Rs 550 crore revenue run rate and profitability
Men’s grooming and personal care brand Bombay Shaving Company has raised Rs 136 crore ($15.3 million) in a fresh funding round ahead of its planned IPO. The round was led by Sixth Sense Ventures, with participation from founder and CEO Shantanu Deshpande, Patni Family Office, GII and HNIs, and former Indian cricketer Rahul Dravid.
The latest infusion includes both primary and secondary funding and marks a strategic step as the company gears up for its public listing. Founded in 2015 and based in Gurugram, Bombay Shaving Company has raised a total of $51.5 million so far.
The company said the funds will be used to expand its omnichannel footprint, deepen retail reach, and invest in brand building and product innovation to consolidate its position in India’s fast-growing grooming market.
Shantanu Deshpande ,CEO of Bombay Shaving Company, said, the company remains focused on creating “high-quality, innovative products at competitive prices” while continuing its strong growth momentum. “We aim to go public soon and bring retail investors along on our growth journey”, he added.
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With a net revenue run rate exceeding Rs 550 crore and achieving profitability, the company has doubled its performance compared to FY25. The brand also reported strong market share gains in trimmers, electric shavers, and its women’s line Bombae.
Bombay Shaving Company competes with Ustraa, Beardo, and The Man Company in the men’s grooming space.
