Results · Commerce & Consumer Brands
Bold Care's net loss widens 202% to ₹58.3 crore
By Startup Enthusiast ·
- Date
- Company
- Bold Care
- What it does
- Men's health and wellness D2C brand
- Kind
- Results
- Founded
- 2019
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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