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The Bombay Shaving Company, which has repositioned itself from a men's grooming firm to a broader hair removal brand, has raised ₹136 crore in a funding round led by Sixth Sense Ventures.
The round also saw participation from Founder and CEO Shantanu Deshpande, the Patni Family Office, GII, high-net-worth individuals, and cricket legend Rahul Dravid.
The Gurugram-based company said it has achieved profitability and clocked a net revenue run-rate of ₹550 crore, doubling its performance over FY25.
According to the company, the latest fundraise is a strategic step towards consolidation as it gears up for a potential IPO.
The proceeds will be used to expand its omnichannel presence, deepen retail reach, and invest in capabilities and brand-building to strengthen leadership across high-growth segments in India's beauty and grooming market.
"Thrilled to have Nikhil and Sixth Sense double down, especially with their new fund," said Shantanu Deshpande, Founder and CEO, Bombay Shaving Company. "Focusing on fast-evolving consumer needs, designing never-seen-before high-quality products at competitive prices, and building the brand remains core to what we do. We intend to continue this performance and take the company public soon, the idea is to do it sooner rather than later and carry the retail investor on our growth journey."
"Backing Shantanu and the Bombay Shaving Company team again feels like coming full circle for us," said Nikhil Vora, CEO of Sixth Sense Ventures. "From day one, we’ve believed in founders who challenge convention, and Bombay Shaving Company has done exactly that. We believe the brand is now ready to define the next chapter in India's consumer story."
Bombay Shaving Company competes with Ustraa, Beardo, and The Man Company in the men's grooming segment.
The round also saw participation from Founder and CEO Shantanu Deshpande, the Patni Family Office, GII, high-net-worth individuals, and cricket legend Rahul Dravid.
The Gurugram-based company said it has achieved profitability and clocked a net revenue run-rate of ₹550 crore, doubling its performance over FY25.
According to the company, the latest fundraise is a strategic step towards consolidation as it gears up for a potential IPO.
The proceeds will be used to expand its omnichannel presence, deepen retail reach, and invest in capabilities and brand-building to strengthen leadership across high-growth segments in India's beauty and grooming market.
"Thrilled to have Nikhil and Sixth Sense double down, especially with their new fund," said Shantanu Deshpande, Founder and CEO, Bombay Shaving Company. "Focusing on fast-evolving consumer needs, designing never-seen-before high-quality products at competitive prices, and building the brand remains core to what we do. We intend to continue this performance and take the company public soon, the idea is to do it sooner rather than later and carry the retail investor on our growth journey."
"Backing Shantanu and the Bombay Shaving Company team again feels like coming full circle for us," said Nikhil Vora, CEO of Sixth Sense Ventures. "From day one, we’ve believed in founders who challenge convention, and Bombay Shaving Company has done exactly that. We believe the brand is now ready to define the next chapter in India's consumer story."
Bombay Shaving Company competes with Ustraa, Beardo, and The Man Company in the men's grooming segment.
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