D2C grooming and personal care brand Bombay Shaving Company has raised INR 136 Cr (around $16.3 Mn) in a funding round led by existing investor Sixth Sense Ventures, comprising a mix of primary and secondary infusion.
The round also saw participation from founder and CEO Shantanu Deshpande, former cricketer Rahul Dravid, and several undisclosed family offices and high-net-worth individuals (HNIs).
The company plans to utilize the fresh capital to expand its omnichannel presence, strengthen brand building, and prepare for a potential IPO.
Founded in 2016 by Shantanu Deshpande, Bombay Shaving Company began as a D2C men’s grooming brand and has since diversified into newer categories such as perfumes, face washes, and skincare, evolving into a comprehensive omnichannel brand. Alongside its men’s range, the company also operates Bombae, a dedicated women’s grooming brand offering razors, trimmers, wax strips, and other personal care products.
The brand sells through its own website, leading e-commerce and quick-commerce platforms, as well as offline retail outlets, strengthening its multi-channel distribution strategy.
On the financial front, the company claimed to have achieved PAT profitability in FY25, though it did not disclose the exact figure. In FY24, Bombay Shaving Company’s net loss narrowed by 23% to INR 62.1 Cr from INR 80 Cr in FY23, while operating revenue increased by 26% to INR 204 Cr from INR 161.8 Cr in the previous fiscal year.
Prior to this, the company raised INR 24 Cr in debt funding in April last year. It competes with other grooming and personal care brands such as Beardo, The Man Company, and Ustraa, along with established players like Gillette and Philips.
Operating in India’s rapidly expanding D2C ecosystem, Bombay Shaving Company continues to ride the wave of digital adoption, consumer evolution, and product innovation, as the market is projected to grow into a $300 Bn industry by 2030.
