The fast-growing grooming and personal care brand, Bombay Shaving Company, has successfully raised ₹136 crore in its latest funding round. The company’s founder and CEO, Shantanu Deshpande, announced that this milestone marks the beginning of a new growth phase, as the brand prepares to take a major step towards launching its Initial Public Offering (IPO).
Major Investors Back the Brand’s Growth
The funding round was led by Sixth Sense Ventures, a well-known investment firm that supports consumer-focused Indian startups. Along with Sixth Sense, the round also saw participation from the Patni Family Office, Gulf Islamic Investments (GII), and several high-net-worth individuals. In a show of confidence, founder Shantanu Deshpande also personally invested in the round. Interestingly, the brand’s ambassador and cricket legend Rahul Dravid is among its notable investors, reflecting the strong trust and credibility Bombay Shaving Company has earned over the years.
With this investment, the company plans to use the funds to expand its retail network, enhance its digital presence, and innovate in the personal care space. Investors believe that Bombay Shaving Company’s strong performance, innovative products, and growing brand loyalty make it one of India’s most promising consumer startups today.
Profitable Growth and IPO Ambitions
Founded in 2016, Bombay Shaving Company has evolved from a men’s grooming startup into a full-fledged personal care brand that caters to both men and women. The company, which also operates the women-focused brand Bombae, offers a range of products including trimmers, razors, shaving kits, and skincare essentials. Over the years, it has built a strong omnichannel presence, combining e-commerce platforms, offline retail outlets, and its own direct-to-consumer channels.
According to company data, Bombay Shaving Company has achieved a revenue run rate of over ₹550 crore and is already profitable. With this new round of funding, the brand is ready to accelerate its growth and expand into new markets. The management team has also hinted that preparations for an IPO are already underway, signaling that the company could soon make its debut in the Indian stock market. Shantanu Deshpande has stated that the brand is focused on scaling profitably and becoming one of India’s most trusted personal care companies before going public.
Expanding Retail and Product Innovation
With the fresh capital, Bombay Shaving Company plans to strengthen its retail and distribution network across India. The company is set to open more stores in key cities while enhancing its online sales strategy to reach a wider audience. Product innovation will also remain a core focus area, with new launches expected in grooming, hair care, and skincare categories. The brand aims to deliver high-quality, affordable, and accessible products designed specifically for Indian consumers.
This expansion plan also includes increasing brand visibility through partnerships and marketing campaigns. The company’s customer-centric approach and attention to product quality have helped it gain a loyal following among young Indians who seek premium grooming solutions without spending a fortune.
The Road Ahead
The ₹136 crore funding round marks a turning point for Bombay Shaving Company as it prepares for its next phase of growth. By focusing on innovation, profitability, and consumer satisfaction, the company is positioning itself for a successful IPO in the near future. This step not only strengthens its position in the competitive grooming market but also reflects the growing investor confidence in India’s new-age consumer brands.
For Bombay Shaving Company, the journey from a niche startup to a market-ready enterprise is just the beginning. With the right mix of strategic funding, innovation, and expansion, the brand is poised to become one of India’s leading names in personal care and grooming.