About Spruce Shaving Club
Spruce Shaving Club is a Consumer company based in Delhi (India) founded in 2016. It provides a range of proprietary mens grooming products. It operates on a B2C model. Its Indian entity Vivo Holdings International Private Limited reported revenue of ₹3.67 Cr. Its focus areas include Consumer Goods, Personal Care, Grooming Products and Men's. Its competitors include The Man Company, Bombay Shaving and Beardo; 3 of its 3 listed competitors have raised funding.
Company details
Spruce Shaving Club provides a range of proprietary mens grooming products through producing consumer products, providing personal care products, grooming products, and mens. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- SectorsConsumer
- Website spruceshaveclub.com
- Social X Facebook
- Legal Name Vivo Holdings International Private Limited
- Date of Incorporation 19 Feb, 2014
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹3.67 Cr
FY 2024 · -35% YoY
- Net Profit₹9.3 Lakh
FY 2024 · 3% margin
- EBITDA₹17.4 Lakh
FY 2024 · 5% margin
Associated legal entities of Spruce Shaving Club
Spruce Shaving Club operates through Vivo Holdings International Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vivo Holdings International Private Limited CIN U51100DL2014PTC265060 | Active | 19 Feb 2014 | New Delhi, Delhi | ₹3.7 Cr | 2 | View details |
Board of directors of Vivo Holdings International Private Limited (Spruce Shaving Club)
Vivo Holdings International Private Limited is the primary company behind Spruce Shaving Club. The board of Vivo Holdings International Private Limited currently have 2 directors; the longest-serving is Lalit Advani, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lalit Advani DIN 00867800 | Director | 28 Mar 2016 | 10 yrs 7 mo | Vivo Holdings International Private Limited |
| Mona Advani DIN 00393454 | Director | 16 Aug 2021 | 5 yrs 2 mo | Vivo Holdings International Private Limited |
Financials of Spruce Shaving Club
Figures of Vivo Holdings International Private Limited, the primary company behind Spruce Shaving Club, for FY 2024. Revenue was ₹3.67 Cr (-35% year on year). Net profit was ₹9.3 Lakh (3% margin). EBITDA was ₹17.4 Lakh (5% margin). Revenue has grown at a compounded annual rate of -8% over three years and +10% over five years.
- ₹3.67 CrRevenue · FY 2024 · -35% YoY
- ₹9.3 LakhNet profit · 3% margin
- ₹17.4 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vivo Holdings International Private Limited are on its company page.
Detailed financial statements for Spruce Shaving Club
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Spruce Shaving Club
Spruce Shaving Club has 3 listed competitors in our database, 3 of them funded. They include The Man Company, Bombay Shaving and Beardo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| themancompany.com | 2015 | Gurugram, India | $10.98M | 316 | Multi-category organic grooming products for men are offered online. | |
| bombayshavingcompany.com | 2015 | Gurugram, India | $52.66M | 150 | Online brand offering mens grooming products | |
| beardo.in | 2015 | Ahmedabad, India | $1.7M | 2,077 | Men's grooming products are offered online by Beardo. |
Detailed competitors of Spruce Shaving Club
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Spruce Shaving Club (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 60.63 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Spruce Shaving Club
Spruce Shaving Club was founded in 2016.
Spruce Shaving Club is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Spruce Shaving Club, Vivo Holdings International Private Limited, reported revenue of ₹3.67 Cr for FY 2024, down 35% year on year.
Spruce Shaving Club provides a range of proprietary mens grooming products through producing consumer products, providing personal care products, grooming products, and mens. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Spruce Shaving Club's top competitors include Bombay Shaving, The Man Company and Beardo.
Spruce Shaving Club operates through Vivo Holdings International Private Limited.
The legal entities of Spruce Shaving Club currently have 2 directors, including Lalit Advani, Mona Advani.