Ex-McKinsey exec’s personal care company bags $2m in funding

Bombay Shaving Company, a personal care brand founded by ex-McKinsey consultant Shantanu Deshpande, said it has raised 150 million rupees (US$2 million) in funding.

More funding details

• Investor: Sixth Sense Ventures

More company updates

• The startup’s growth plans include building more brands and expanding both online and offline.
• The Indian startup is aiming to get a top line of 5 billion rupees (US$68.8 million) in the next three to four years.
• The latest investment comes one month after the company closed US$6.1 million in a funding round led by Reckitt Benckiser.
• Bombay Shaving Company claims to have grown 3x since the onset of Covid-19, expanding “aggressively” despite the ongoing pandemic.

For more coverage of the company, head here. You can also click on the link below to view key details about the company, as well as its funding history.

Currency converted from Indian rupee to US dollar: US$1 = 72.55 rupees.