LetsShave - About the company
LetsShave is a series A company based in Chandigarh (India), founded in 2015 by Sidharth Shanker Oberoi. It operates as a Retailer of grooming products and shaving essentials. LetsShave has raised $6M in funding from investors like Wipro Enterprises, Wipro Consumer Care and Dorco, with a current valuation of ₹*****. The company has 88 active competitors, including 16 funded and 6 that have exited. Its top competitors include companies like Pee Safe, MyMuse and AZAH.
Company Details
Retailer of grooming products and shaving essentials. The company offers a wide range of razors, blade refills, trimmers, and personal care items for men and women. It focuses on providing effective grooming solutions through a variety of shaving and skincare products designed for daily use. PF = Yes
- Website
- letsshave.com/en-global
- Social
- Email ID
- *****@letsshave.com
- Phone Number
- +91 **********
- Registered Address
- D-136, 3rd FLOOR DEFENCE COLONY, South Delhi, NEW DELHI, Delhi, India, 110024
Key Metrics
Founded Year
2015
Location
Chandigarh, India
Stage
Series A
Total Funding
$6M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Oct 06, 2023
Investors
Ranked
6th among 88 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
19 as on Aug 31, 2025
Legal entities associated with LetsShave
LetsShave is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LETSSHAVE PRIVATE LIMITED CIN: U74999DL2016PTC304885 , India, Active | Aug 24, 2016 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 19 (As on Mar 01, 2026) |
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LetsShave's funding and investors
LetsShave has raised a total funding of $6M over 3 rounds. Its first funding round was on Oct 26, 2018. Its latest funding round was a Series A round on May 30, 2023 for $*****. 2 investors participated in its latest round. LetsShave has 3 institutional investors.
Here is the list of recent funding rounds of LetsShave:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 30, 2023 | 1246490 | Series A | 3124243 | 8851915 | 9944482 | 5772883 |
Feb 26, 2020 | 8163929 | Series A | 3306332 | 7078504 | 7758693 | |
Oct 26, 2018 | 5899735 | Series A | 7025249 | 2123080 | 9293729 |
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LetsShave's founders and board of directors
Founder? Claim ProfileThe founders of LetsShave is Sidharth Shanker Oberoi. Sidharth Shanker Oberoi is the CEO of LetsShave.
Here are the details of LetsShave's key team members:
- Sidharth Shanker Oberoi: Founder & CEO of LetsShave. They serve on the board of 1 company.Contact Info: 2 email addresses and 2 phone numbers
LetsShave's Board of Directors
LetsShave's board has 3 active members. Sidharth Shanker Oberoi, Ashwani Oberoi and Heuiseok Kwak are part of team.Here is the list of LetsShave's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 0m | |
kfaqjto | Team | - | Current | 9y 5m |
Investor | - | Current | 7y 7m |
View details of LetsShave's Founder profiles and Board Members
LetsShave's employee count trend
LetsShave has 19 employees as of Aug 25. The total employee count is 19.0% more than what it was in Aug 24. Here is LetsShave's employee count trend over the years:
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LetsShave's Competitors and alternates
Top competitors of LetsShave include Pee Safe, MyMuse and AZAH. Here is the list of Top 10 competitors of LetsShave, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering personal hygiene and wellness products | $22M | 73/100 | ||
2nd | Retailer of intimate wellness products including massagers lubricants and games | $4.64M | 57/100 | ||
3rd | Internet first brand of personal hygiene products | $404K | 50/100 | ||
4th | Internet-first brand offering personal hygiene products | $3.16M | 48/100 | ||
5th | Personal care brand offering self-care and intimacy products | $757K | 44/100 | ||
6th | Retailer of grooming products and shaving essentials | $6M | 43/100 | ||
7th | Health and wellness brand offering a range of intimate wellness products, including personal massagers, lubricants, and other sexual wellness solutions | $500K | 40/100 | ||
8th | Internet first brand of female hygiene products | $150K | 40/100 | ||
9th | Internet first brand of personal hygiene | $400K | 39/100 | ||
10th |  Dame 2014, Brooklyn (United States), Series A | Inappropriate content | $11M | 35/100 |
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LetsShave's Latest cap tables and shareholding
Founders (largest shareholder) own 72.75%, Enterprises own 27.14% and ESOP Pool own 0.11%. The net worth of LetsShave's founders is INR 53.9Cr as of Oct 06, 2023.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 72.75% | 53.9Cr | 5959455 | 6821624 | 2305525 | 4704048 |
1129010 | 5476063 | 2490371 | 3648433 | 6314457 | 6385260 | |
Enterprise | 27.14% | 20.1Cr | 8209770 | 4130762 | 7214650 | 3174231 |
ESOP Pool | 0.11% | 8.08L | 0 | 0 | 0 | 0 |
Total | 100.00% | 74Cr | 4390005 | 1165411 | 4770517 | 9574790 |
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DisclaimerView more details of LetsShave's Shareholding
LetsShave's Investments and acquisitions
LetsShave has made no investments or acquisitions yet.
Reports related to LetsShave
Here is the latest report on LetsShave's sector:
News related to LetsShave
•
D2C Brand LetsShave Bags Funding From Wipro Consumer CareInc42•May 30, 2023•LetsShave, Wipro Consumer Care, Wipro, Dorco and 2 others
•
Wipro Consumer Care – Ventures to invest in grooming startup LetsShaveYourStory•Feb 26, 2020•Wipro, LetsShave, Wipro Consumer Care, Dorco
•
•
Korean razor giant Dorco picks up 10% in LetsShaveIndiatimes•Oct 25, 2018•DORCO, LetsShave, DorCo, Dorco
•
Subscriptions may soon drive consumer marketIndiatimes•Oct 06, 2016•Unilever, Dollar Shave Club, The Moja Club, LetsShave
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