Bombay Shaving Company Raises ₹136 Crore, Plans IPO Soon

Bombay Shaving Company has raised ₹136 crore in a new round of funding led by Sixth Sense Ventures. As per the news reports, the round also included participation from Founder and CEO Shantanu Deshpande, the Patni Family Office, Gulf Islamic Investments (GII), high-net-worth individuals, and cricketer Rahul Dravid. Sixth Sense, which has previously invested in the company, increased its stake in this round.

Business Overview

The Gurugram-based company began as a men’s grooming brand and has since expanded into the broader personal care and hair removal category. Its product range now covers razors, trimmers, and other grooming essentials for both men and women. The brand’s products are sold through online marketplaces, offline stores, and its own website.

Use of Funds

Funds raised from this round will be used to expand its retail reach, strengthen its supply chain, and invest in product development. The company also plans to upgrade its omnichannel operations by adding more retail touchpoints and improving customer accessibility across formats. A portion of the funds will go towards brand-building and operational capacity.

IPO Plans

Bombay Shaving Company has said the latest funding is part of a larger consolidation process as it prepares for an initial public offering (IPO). As per the reports, the management is focusing on strengthening operations and maintaining consistent financial performance before the public listing.

Bombay Shaving Company Financial Performance

Bombay Shaving Company reported achieving profitability and reaching a net revenue run-rate of ₹550 crore, which is twice its performance from the previous financial year. Growth has been supported by a wider retail presence and product distribution. The company has focused on expanding its presence across metros and tier-II cities.

Read More: Aequs Raises ₹144 Crore in Pre-IPO Funding: Cuts Fresh Issue Size to ₹576 Crore!

Conclusion

With fresh funding and a focus on operational growth, Bombay Shaving Company is preparing for its next stage as it plans a potential public listing in the coming months.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.