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Results · Commerce & Consumer Brands

Bold Care's net loss widens 202% to ₹58.3 crore

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Date
Company
Bold Care
What it does
Men's health and wellness D2C brand
Kind
Results
Founded
2019
Sector
Commerce & Consumer Brands

What they do

Bold Care sells condoms, lubes, chewables and gummies for men's health

What happened

Its FY25 net loss jumped to ₹58.3 crore from ₹19.3 crore, while revenue rose 2.4 times to ₹79.5 crore

Why it matters

The company expects similar growth in FY26 with significant bottom-line improvements

The details

  • Bold Care reported its FY25 financial results with a net loss of ₹58.3 crore, up 202% from ₹19.3 crore in FY24.
  • Operating revenue grew 2.4 times to ₹79.5 crore from ₹33 crore in the previous year.
  • Total income, including other income, was ₹79.9 crore, up 2.3 times year-on-year.
  • Total expenditure rose 2.6 times to ₹138.2 crore from ₹53.9 crore.
  • Advertising and marketing expenses were ₹38.4 crore, making up 28% of total expenses.
  • Employee benefit expenses increased 149% to ₹10.5 crore from ₹4.2 crore.

The bigger picture

  • The loss widened sharply even as revenue grew, indicating high spending on marketing and operations.
  • The company's greatest traction comes from quick commerce platforms like BlinkIt, Swiggy Instamart and Zepto.
  • Bold Care expects similar growth in FY26 with significant bottom-line improvements.

About the business

  • Bold Care started as a direct-to-consumer (D2C) men's health and wellness startup.
  • Its products include condoms, lubes, chewables and gummies.
  • It sells through its own website, Amazon, Flipkart, BlinkIt, Swiggy Instamart and Zepto.
  • In October 2024, it launched a women's health brand called Bloom covering sexual health, menopause supplements, personal hygiene and period care.
  • Domestic sales in FY25 were ₹79.4 crore, while export sales were only ₹9.1 lakh.

What happens next

  • Bold Care expects similar growth rate in FY26 with significant bottom-line improvements.

Investors

  • Rainmatter (investor)
  • Huddle (investor)
  • Sharrp Ventures (investor)
  • Gruhas Collective Consumer Fund (investor)
  • Claris Capital (investor)

Founders

  • Rajat Jadhav, cofounder and CEO
  • Rahul Krishnan, cofounder
  • Harsh Singh, cofounder
  • Mohit Yadav, cofounder
  • Ranvir Singh, cofounder (onboarded in 2023)

About Bold Care

Product
s sexual health brand
Customers
Consumers buying sexual wellness and intimacy products in India
How it makes money
Sells consumer sexual wellness products directly online and through quick commerce and retail channels
What sets it apart
Uses bold celebrity-led campaigns to normalize sexual wellness advertising and drive attention

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