{"id":13326,"date":"2022-01-05T11:45:31","date_gmt":"2022-01-05T06:15:31","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-bombay-shaving-co-funding\/"},"modified":"2022-01-05T11:48:40","modified_gmt":"2022-01-05T06:18:40","slug":"biz-bombay-shaving-co-funding","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-bombay-shaving-co-funding\/","title":{"rendered":"Bombay Shaving Company raises Rs 160 cr in funding"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1236695604\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Jan 5 (PTI) Bombay Shaving Company (BSC) has raised Rs 160 crore in a funding round led by Malabar Investments, a hedge fund based in India.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4051394361\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The round also saw participation from Patni Advisors, Singularity AMC, and well-known high net-worth individuals (HNIs), the company said.<\/p>\n<p>&#8220;India&#8217;s leading hair removal brand Bombay Shaving Company (BSC) has raised Rs 160 crore in a round led by Malabar Investments, a hedge fund based in India,&#8221; the statement said.<\/p>\n<p>ESOP sales for some of its employees and exits for early investors to the tune of Rs 45 crore was another feature of this round.<\/p><div class=\"trade-content_5\" id=\"trade-3666137576\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>The round comes 11 months after the company raised Rs 45 crore from Reckitt, a global FMCG giant in the health, hygiene, and nutrition space.<\/p>\n<p>&#8220;The company is uniquely capitalised with two global strategic giants \u2013 Colgate Palmolive and Reckitt on their cap table,&#8221; the statement said.<\/p>\n<p>Bombay Shaving Company (BSC) aims to scale operations to Rs 500 crore top line with an omnichannel presence in the next two years and will deploy the funds towards expanding its portfolio of personal care and hair removal products.<\/p>\n<p>Besides launching new products, BSC would aggressively expand its offline distribution, build an international presence, invest in brand building and hire talent across positions, the company said.<\/p>\n<p>It also intends to acquire brands in adjacent categories and content platforms and is in advanced talks to raise a further Rs 300 crore towards this, the statement added. PTI MBI  BAL BAL<\/p>\n<div class=\"trade-after-content\" id=\"trade-2052406830\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 5 (PTI) Bombay Shaving Company (BSC) has raised Rs 160 crore in a funding round led by Malabar Investments, a hedge fund based in India. The round also saw participation from Patni Advisors, Singularity AMC, and well-known high net-worth individuals (HNIs), the company said. &#8220;India&#8217;s leading hair removal brand Bombay Shaving Company [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-13326","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bombay Shaving Company raises Rs 160 cr in funding - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-bombay-shaving-co-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bombay Shaving Company raises Rs 160 cr in funding\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Jan 5 (PTI) Bombay Shaving Company (BSC) has raised Rs 160 crore in a funding round led by Malabar Investments, a hedge fund based in India. 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