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Bombay Shaving Company raised additional $6.6 million in extended Series C From GII

Bombay Shaving Company (BSC), a male grooming brand, raised $6.6 million from Gulf Islamic Investments as part of its extended Series C financing round. Last month, the company announced that it had raised $21 million in the first leg of its Series C round, led by Malabar Investments, a local hedge fund.

Bombay Shaving Company is a premium personal care and grooming solutions brand dedicated to providing truly exceptional customer experiences. With over 3 million customers across channels, the company is generating $20 million in net revenue, increasing by 35% quarter on quarter and entering the GCC market. The company previously stated that the funds raised in this round will be used primarily to expand its portfolio of personal care and hair removal products. Furthermore, BSC will aggressively expand its offline distribution, establish an international presence, invest in brand building, and hire talent across all positions.

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