About Beardo
Beardo is a company based in Ahmedabad (India) founded in 2015 by Sameer Shah and Apoorva Ranjan Sharma was acquired by Marico in June 2020. Beardo has raised $1.7 million across 4 funding rounds from investors including Venture Catalysts, Italica and Marico. The company has 121 employees as of March 31, 2024. Beardo offers products and services including Beard Care Products, Fragrances, Face Care, Body Care, and Hair Products. Beardo operates in a competitive market with competitors including Bombay Shaving, Mars by GHC, Man Matters, Ustraa and Beardhood, among others.
- Headquarter Ahmedabad, India
- Employees 121 as on 31 Mar, 2024
- Founders Sameer Shah, Apoorva Ranjan Sharma
- Stage Minicorn
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Sectors
ConsumerHealthcare
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Email
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Phone
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Website
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Social
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- Legal Name Zed Lifestyle Private Limited
- Date of Incorporation 05 May, 2016
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$11.57 M (USD)48.93as on Mar 31, 2022
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Net Profit
$91.35 K (USD)114.27as on Mar 31, 2022
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EBITDA
-$55.05 K (USD)90.44as on Mar 31, 2022
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Total Equity Funding
$1.7 M (USD)
in 4 rounds
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Latest Funding Round
$281.12 K (USD), Seed
Dec 20, 2019
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Investors
Venture Catalysts
& 64 more
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Employee Count
121
as on Mar 31, 2024
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Acquired by
Marico
(Jun 30, 2020)
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Products & Services of Beardo
Beardo offers a comprehensive portfolio of products and services, including Beard Care Products, Fragrances, Face Care, Body Care, and Hair Products.
Products for beard growth and maintenance for men
EDP and body sprays for men's scent enhancement
Face washes and masks for men's skin cleansing
Body washes and nourishment items for men
Wax, serum, and shampoos for men's hair styling
Electric trimmers for precise men's grooming
People of Beardo
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Funding Insights of Beardo
Beardo has successfully raised a total of $1.7M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $281.12 thousand completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Beardo
Beardo has secured backing from 65 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Venture Catalysts, Italica and Marico.
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Multiple sectors are invested in by the private equity firm.
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Venture capital firm focused on early-stage companies
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Investments are made in early-stage companies by Titan Capital.
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Investor details for Beardo
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Investments & Acquisitions by Beardo
Investment portfolio details for Beardo
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Financial Statements - Beardo
Detailed financials for Beardo
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Beardo Comparisons
Peer comparison for Beardo
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Competitors of Beardo
Beardo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bombay Shaving, Mars by GHC, Man Matters, Ustraa and Beardhood, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online brand offering mens grooming products
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Platform offering mens hair care, wellness, and medicinal products
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Internet first brand offering beauty and wellness products for men
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Men's grooming products are offered via an internet-first brand.
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Men's grooming products are sold online by Beardhood.
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Detailed competitors of Beardo
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Latest news on Beardo
Complete news archive for Beardo
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Frequently Asked Questions about Beardo
Beardo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Beardo is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Beardo is a funded company, having raised a total of $1.7M across 4 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Beardo is 121.
Annual revenue of Beardo is $11.57M as on Mar 31, 2022.
Beardo was established in 2015 in Ahmedabad, India, as an e-commerce brand focused on mens personal care. Products such as beard oil, beard wax, face wash, combs, soaps, and lotions are provided through the domain beardo.in. The company operates in the grooming sector, serving customers via online sales in the Indian market. Co-founders include Sameer Shah and Apoorva Ranjan Sharma.
Beardo's top competitors include Bombay Shaving, Man Matters and Ustraa.
Beardo offers Beard Care Products, Fragrances, Face Care, Body Care, and 2 more products and services.
Beardo has 65 investors. Key investors include Venture Catalysts, Italica, Marico, Kawal Kapoor, and Harshvardhan Rajgarhia.
The valuation of Beardo is $5.65M as of Sep 2016.