Bombay Shaving Company raises Rs 136 crore; eyes IPO

Bengaluru: Personal care brand Bombay Shaving Company has raised Rs 136 crore in a combination of primary and secondary infusions. The round was led by Sixth Sense Ventures, with participation from Founder CEO Shantanu Deshpande, Patni Family Office, GII and HNIs. The round also saw participation from marquee investor, cricketer Rahul Dravid.

Gurugram-based Bombay Shaving Company has clocked a net revenue run-rate of Rs 550 crore and achieved PAT profitability, having doubled its performance over FY25. This fundraise comes at a time when the company is gearing up for a potential IPO.

The company focuses on designing and building grooming solutions for young India. Competing with large global giants like Gillette and Philips, the brand has garnered strong double-digit market shares in core categories, with particular growth in trimmers and electric shavers, as well as the women’s category through the brand Bombae.

Bombay Shaving Company also aims to expand its omnichannel presence, deepen retail reach, and invest in capabilities and brand-building to strengthen leadership across high-growth segments within the country's evolving beauty and grooming market.

Nikhil Vora, CEO, Sixth Sense Ventures, said, “Backing Shantanu and the Bombay Shaving Company team again feels like coming full circle for us at Sixth Sense. 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.”

Shantanu Deshpande, Founder and CEO, said that they 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," he added.

Founded in 2016, the company has scaled from a single-category startup to a diversified personal care brand with strong profitability and market presence.