{D2C 100} Bombay Shaving Company: Men's Grooming Made Easy
{D2C 100} Bombay Shaving Company: Men's Grooming Made Easy

Bombay Shaving Company was started in 2018 by launching shaving products like razors and shaving cream. It works on an omnichannel business model, working on the following platforms – e-commerce, D2C, retail, quick commerce, social commerce, and B2B.

Bombay Shaving Company (BSC) has grown 100 percent YOY with total fundraising of Rs 210 crore in 2022. These include the sixth round of financing with Rs 160 crore invested by Malabar Investments, a hedge fund based in India. Followed by the same, Bombay Shaving Company has raised Rs 50 crore from Gulf Islamic Investments.

“Currently available in close to 50,000 stores pan-India, we are exponentially growing at 25-30 percent rate Q-o-Q basis. The company has grown 5X in the last 1 year and today clocks a net ARR of Rs 150 crore - poised to touch Rs 500 crore in the next two years,” Shantanu Deshpande, Founder and CEO, Bombay Shaving Company said.

In the next two years, the brand will deploy the funds towards expanding its portfolio of personal care and hair removal products. Along with launching new products, BSC also intends to acquire brands in adjacent categories and content platforms. The brand’s ambition is to deliver 10X growth in the next 5 years.

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