Delhi-based grooming startup Bombay Shaving Company has raised Rs 15 crore in funding from its existing investor Sixth Sense Ventures. This includes both primary infusions as well as secondary purchases from seniors employees.

With this round, Sixth Sense Ventures now own 24 percent of Bombay Shaving Company. This round comes just after it had raised Rs 45 crore in a round led by global consumer giant Reckitt.

Bombay Shaving Company was founded in 2015 by Shantanu Deshpande. The four-year-old startup is a premium personal care brand for men and women which offers products for bath and body, skin, and beard care. It claims that, within the last six months, it has also grabbed a 7 percent share in women’s shaving space which has recorded an accelerated growth amid the pandemic. Bombay Shaving Company is now developing a range of customized bath and body products for men.

Talking about the investment, Shantanu Deshpande, Founder & CEO, Bombay Shaving Company said “Thrilled to see Sixth Sense Ventures doubling down on their investment in us. Our primary goal now is to build a leadership team to take us from a start-up to an established FMCG organization. Our growth plans include building our brands, rapid scale in online and offline expansion, and focus on winning categories.”

In addition to the investment made by Sixth Sense Ventures and Reckitt Benckiser, 30 other angels and Colgate Palmolive have invested in the company. It aims to get a Rs 500 crore top line in the next three to four years.

“Bombay Shaving Company has grown 3X since pre-Covid, found product-market fit in core categories, is expanding aggressively and the team is incredible. With Reckitt joining the journey, we are very bullish and see the company continue to grab share across channels and categories,” said, Nikhil Vora, Founder, Sixth Sense Ventures.