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Teen self-care brand Sammmm raises Rs 10 Cr in seed funding

EntrackrEntrackr · 10m ago
Teen self-care brand Sammmm raises Rs 10 Cr in seed funding
Medial

Teen self-care brand Sammmm has secured Rs 10 crore ($1.2 million) in a seed funding round. The round was led by Fireside Ventures, with participation from Sauce VC and angel investors Nihir Parikh, Sachin Parikh, and Shantanu & Nikhil Mehra. According to a press release, the funds will be used to expand the product range, increase brand visibility, and build a multi-channel presence. Founded in 2024 by Rishi Seth and Mantosh Roy, Sammmm focuses on helping teens integrate self-care into their daily lives as they explore individuality and self-expression. Based in Mumbai, the brand offers beauty, wellness, and lifestyle products tailored for teenagers, including Gen Z and Gen Alpha. It aims to fill a gap in the market by providing a platform for teens to co-create products that meet their specific needs. Sammmm has introduced three main products: Glow Moisturizer, Fresh Face Cleanser, and Love Lip Tint Oil. These products are made with clinically tested ingredients to ensure effectiveness and transparency. The brand intends to expand its operations, strengthen its connection with teens, and develop new products that align with their preferences.

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Bombay Shaving Company raises Rs 136 Cr ahead of planned IPO

EntrackrEntrackr · 18d ago
Bombay Shaving Company raises Rs 136 Cr ahead of planned IPO
Medial

Bombay Shaving Company raises Rs 136 Cr ahead of planned IPO 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, and investing in capabilities and brand-building to strengthen leadership across high-growth segments, Bombay Shaving Company said in a press release. Founded in 2015 by Shantanu Deshpande, Bombay Shaving Company offers a wide range of products for men and women across categories like shaving, hair care, beard care, and skin care, and has expanded to include a women's hair removal line. This fundraise marks a strategic step toward consolidation as the brand prepares for a potential IPO. According to the company, it has reported a net revenue run rate of over Rs 550 crore and achieved PAT profitability, doubling its performance compared to FY25. “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. The idea is to do it sooner rather than later and carry the retail investor on our growth journey,” said Deshpande. The brand claims to have garnered strong double digit market shares in core categories with particular growth in trimmers and electric shavers as well as the women’s category through brand Bombae. Bombay Shaving Company competes with Ustraa, Beardo, and The Man Company in the grooming segment.

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