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, the latest employee count at Beardo is 2077.

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.

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 4th amongst 45 active competitors, of which 9 are funded. It stands 4th 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 & 74 more

Ranked

4^th among 45 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 & 47 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
MARICO LIMITED CIN: L15140MH1988PLC049208 , India, Active	Oct 13, 1988	₹1,000+ Cr (As on Mar 31, 2026)	2014 (As on Apr 01, 2026)
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)

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 11 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	1595485	Seed	2374335	5400471	1123360	3111046
Mar 18, 2017	1971004	Seed	6439678	9422951	3115835	2656756
Sep 28, 2016	4811381	Seed	1282955	9359864	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 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
tkpnuwg	Team	-	Past	7y 3m
eunqojs	Team	-	Past	7y 3m
{mtwkea	Team	-	Current	8y 4m
abh{xqz	Team	-	Current	8y 8m
cuetikx	Investor	-	Past	8y 4m
Amit Prakash Sharma	Independent board member	-	Current	4y 0m
cmfxtkl	Independent board member	-	Current	8y 1m
rlqpruo	Independent board member	-	Past	3y 1m
tlahwol	Independent board member	-	Past	8y 7m
uoiimim	Independent board member	-	Past	8y 6m

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	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
4th	Beardo 2015, Ahmedabad (India), Acquired	Online brand offering mens grooming products	$1.7M	9Syndicate, Venture Catalysts & 73 others	65/100
5th	Ustraa 2015, Delhi (India), Seed	Internet first brand offering mens grooming products	-	Klub AI, Info Edge Ventures & 1 others	54/100
6th	Beardhood 2016, Delhi (India), Unfunded	Online brand offering mens grooming essentials	-	-	48/100
7th	Phy 2018, Thane (India), Unfunded	Internet First brand providing multicategory grooming products for Men	-	-	42/100
8th	Mars by GHC 2021, Hyderabad (India), Series A	Platform offering mens hair care, wellness, and medicinal products	$15.2M	Quiet Capital, W Health Ventures & 7 others	41/100
9th	Muuchstac 2018, Mumbai (India), Acquired	Internet first brand of natural men's grooming products	-	-	40/100
10th	Hivado 2018, Bengaluru (India), Unfunded	Online retailer of grooming products formulated for men's personal care	-	-	37/100

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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	4290511	8899623	1415577	8975116
Ashutosh Naginbhai Valani	5267010	8449603	3443166	9587986	8626867	9386535
Priyank Mehul Shah	5862539	5532110	2961866	5654346	2850105	1880127
Fund	1.89%	76.7L	5	1	1	2
Enterprise	0.23%	9.36L	0	0	0	0
Angel	15.81%	6.4Cr	3343112	1302212	4733903	5470737
Atul Jain	0	0	0	0	0	0
Samir Shah	0	0	0	0	0	0
ESOP Pool	5.00%	2.02Cr	33402	27549	85159	28852
Total	99.98%	40.5Cr	4108275	5344395	6148137	9344711