When was Beardo founded?

Beardo was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Beardo located?

Beardo is headquartered in Ahmedabad, India. It is registered at MARICO LIMITED, 7th FLOOR,GRANDE PALLADIUM, 175,CST ROAD,KALINA,SANTACRUZ (EAST), Mumbai City, MUMBAI, Maharashtra, India, 400098.

Which legal entities is Beardo associated with?

Beardo is associated with ZED LIFESTYLE PRIVATE LIMITED and 1 other.

How many employees does Beardo have?

As of Feb 28, 2025, Beardo has 2077 employees, reflecting a 4% year-over-year growth in headcount.

Is Beardo a funded company?

Beardo is a funded company, having raised a total of $1.7M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2016.

How much is Beardo worth?

The last known valuation of Beardo was $***** as of Jun 30, 2020.

When was the latest funding round of Beardo?

Beardo's latest funding was a $***** Seed round on Dec 20, 2019, with participation from 0 investor. Its primary sector is Beauty & Personal Care Products. In India, the Beauty & Personal Care Products sector has seen $135M in funding in 2026 to date.

What is the annual revenue of Beardo?

Annual revenue of Beardo is between ₹100 Cr and ₹500 Cr as on Mar 31, 2026

Where does Beardo rank among its competitors?

Beardo ranks 3rd amongst 48 active competitors, of which 10 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Bombay Shaving, which secured $10.6M in Nov, 2025.

Who are the top competitors of Beardo?

Beardo's top competitors include Bombay Shaving, Man Matters and The Man Company. Among them, Bombay Shaving secured the most recent funding round in November, 2025.

Beardo - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Beardo an acquired company?

Beardo got acquired by Marico on Jun 30, 2020.

Company Details

Online brand offering mens grooming products. It offers products such as beard oil, beard wax, face wash, beard combs, soaps, lotions and more.

Website: beardo.in
Social
Email ID: *****@beardo.in
Phone Number: +91 **********
Part Of
Registered Address: MARICO LIMITED, 7th FLOOR,GRANDE PALLADIUM, 175,CST ROAD,KALINA,SANTACRUZ (EAST), Mumbai City, MUMBAI, Maharashtra, India, 400098

Key Metrics

Founded Year

2015

Location

Ahmedabad, India

Stage

Acquired

Total Funding

$1.7M in 5 rounds

Latest Funding Round

Seed, Dec 20, 2019, $*****

Last Known Valuation

$***** as on Jun 30, 2020

Investors

Marico & 76 more

Ranked

3^rd among 48 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2026

Employee Count

2,077 as on Feb 28, 2025

Investment & Acquisitions

Zippee

Similar Companies

Singh Styled & 48 more

Exit Details

Acquired by Marico (Jun 30, 2020)

View Beardo's full profile

Beardo is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ZED LIFESTYLE PRIVATE LIMITED CIN: U74999GJ2016PTC091839 , India, Active	May 05, 2016	₹100 - ₹500 Cr (As on Mar 31, 2026)	184 (As on Feb 28, 2025)
MARICO LIMITED CIN: L15140MH1988PLC049208 , India, Active	Oct 13, 1988	₹1,000+ Cr (As on Mar 31, 2026)	2014 (As on Apr 01, 2026)

Beardo got acquired by Marico on Jun 30, 2020 at an acquisition amount of $*****.

Click here to take a look at Beardo's acquisition in detail

Beardo has raised a total funding of $1.7M over 5 rounds. Its first funding round was on 2016. Beardo has 13 institutional investors and 64 angel investors.

Here is the list of recent funding rounds of Beardo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2019	9189216	Seed	1995709	1483391	2711591	7852507
Mar 18, 2017	1604409	Seed	2685696	5414547	7128361	9375627
Sep 28, 2016	6099432	Seed	5062849	9678406	Samir Shah & 3 more	Italica & 58 more

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View details of Beardo's funding rounds and investors

The founders of Beardo are Ashutosh Naginbhai Valani, Apoorva Ranjan Sharma, Priyank Mehul Shah and Sameer Shah.

Here are the details of Beardo's key team members:

Ashutosh Naginbhai Valani: Former Co-Founder of Beardo and founder of 1 other company. They are also an angel investor in 20 startups and serve on the boards of 2 companies.
Contact Info: 1 phone number
Apoorva Ranjan Sharma: Co-Founder of Beardo and founder of 5 other companies, including 100Unicorns, Venture Catalysts and Beams Fintech Fund. They are also an angel investor in 15 startups and serve on the boards of 3 companies.
Contact Info: 1 email address
Priyank Mehul Shah: Former Co-Founder of Beardo and founder of 2 other companies, Villain and Renee Cosmetics. They are also an angel investor in 7 startups and serve on the boards of 3 companies.
Contact Info: 1 email address and 2 phone numbers
Sameer Shah: Co-Founder of Beardo.

Beardo's Board of Directors

Beardo's board has 5 active members. Sujot Malhotra and Siddharth Lalit Vaya are part of team and Amit Prakash Sharma, Amit Bhasin and Ketan Jain are independent board members.

Here is the list of Beardo's board of directors:

Name	Type	Representing	Status	Duration
llykbsr	Team	-	Past	9y 2m
fcfqlnq	Team	-	Past	5y 4m
ixsqspj	Team	-	Current	4y 2m
ulg{wcx	Team	-	Current	8y 7m
cpsdqfo	Investor	-	Past	9y 3m
Amit Prakash Sharma	Independent board member	-	Current	4y 1m
jym{vll	Independent board member	-	Current	8y 3m
ulkwxdf	Independent board member	-	Past	7y 1m
sdeqscj	Independent board member	-	Past	6y 4m
kmhvi{n	Independent board member	-	Past	1y 3m

View details of Beardo's Founder profiles and Board Members

Beardo's employee count trend

Beardo has 2,077 employees as of Feb 25. Here is Beardo's employee count trend over the years:

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Top competitors of Beardo include Bombay Shaving, Man Matters and The Man Company. Here is the list of Top 10 competitors of Beardo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bombay Shaving 2015, Gurugram (India), Series D	Online brand offering grooming and personal care products for mens	$69.8M	Sixth Sense Ventures, Colgate Palmolive ... & 101 others	81/100
2nd	Man Matters 2020, Mumbai (India), Unfunded	Online retailer of men’s wellness, grooming, nutrition and telehealth products	-	-	73/100
3rd	Beardo 2015, Ahmedabad (India), Acquired	Online brand offering mens grooming products	$1.7M	9Syndicate, Aeroflex Enterprises Ltd & 75 others	66/100
4th	The Man Company 2015, Gurugram (India), Acquired	Internet first brand offering multi-category organic grooming products for men	$11M	Emami Group, Ka Lifestyle Ventures & 18 others	65/100
5th	Ustraa 2015, Delhi (India), Seed	Internet first brand offering mens grooming products	-	Klub AI, Info Edge Ventures & 1 others	53/100
6th	Beardhood 2016, Delhi (India), Unfunded	Online brand offering mens grooming essentials	-	-	48/100
7th	LetsShave 2015, Chandigarh (India), Series A	Retailer of grooming products and shaving essentials	$6M	Wipro Enterprises, Wipro Consumer Care & 1 others	43/100
8th	Phy 2018, Thane (India), Unfunded	Internet First brand providing multicategory grooming products for Men	-	-	43/100
9th	Mars by GHC 2021, Hyderabad (India), Series A	Platform offering mens hair care, wellness, and medicinal products	$15.2M	Left Lane Capital, Khosla Ventures & 7 others	41/100
10th	Muuchstac 2018, Mumbai (India), Acquired	Internet first brand of natural men's grooming products	-	-	40/100

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Looking for more details on Beardo's competitors? Click here to see the top ones

Founders (largest shareholder) own 77.05%, Funds own 1.89%, Enterprises own 0.23% and Angels own 15.81%. The net worth of Beardo's founders is INR 31.2Cr as of Feb 03, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	77.05%	31.2Cr	1916015	2502040	8846040	1858006
Ashutosh Naginbhai Valani	6205772	1076684	5986368	1940658	9352353	4461701
Priyank Mehul Shah	7038797	3048398	7086527	8715055	9512685	6862357
Fund	1.89%	76.7L	7	8	2	8
Enterprise	0.23%	9.36L	0	0	0	0
Angel	15.81%	6.4Cr	9194517	9142918	4455788	4119552
Atul Jain	0	0	0	0	0	0
Samir Shah	0	0	0	0	0	0
ESOP Pool	5.00%	2.02Cr	39270	70738	57855	37650
Total	99.98%	40.5Cr	8875482	5695914	8119845	1133165