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Bombay Shaving Company raises Rs 136 Cr ahead of planned IPO

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Men’s grooming brand Bombay Shaving Company has closed a funding round of Rs 136 crore ($15.3 million) in a combination of primary and secondary infusions. The round was led by Sixth Sense Ventures, with participation from founder and CEO Shantanu Deshpande, Patni Family Office, GII and HNIs, and ex- Indian cricketer  Rahul Dravid.

According to TheKredible, the Gurugram-based company has raised a total of $51.5 million in previous funding rounds.

The fresh proceeds will be allocated towards expanding its omnichannel presence, deepening retail reach,…

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