Bombay Shaving Company turns profitable, raises Rs 136 Cr in Series D round

Bombay Shaving Company has raised Rs 136 crore in its series D round led by Sixth Sense Ventures as it clocks PAT profitability.

The round, a mix of primary and secondary transactions, also witnessed participation from Founder CEO Shantanu Deshpande, Patni Family Office, Indian cricketer Rahul Dravid, returning investor GII, and HNIs.

“Thrilled to have Nikhil and Sixth Sense double down, especially with their new fund. Focusing on fast-evolving consumer needs, designing never-seen-before high quality products at competitive prices, and building brand remains core to what we do. We intend to continue this performance and take the company public soon. Idea is to do it sooner rather than later and carry the retail investor on our growth journey," shared Shantanu Deshpande, Founder and CEO, Bombay Shaving Company, in a press note.

The company said the latest fundraise will help it consolidate operations as it prepares for a potential initial public offering. It plans to expand its omnichannel presence, deepen retail reach, and invest in brand-building and hiring.

Founded in 2016, the nine-year-old brand has achieved profitability and doubled its revenue in FY25, with a current annualised revenue run rate of over Rs 550 crore and sequential growth rate of about 20% quarter-over-quarter.

The company also sells female grooming products under its brand, Bombae. It last raised its series C round in January 2022 to invest in product innovation and offline sales distribution. It primarily counts global brands like Phillips and Gillette.