Partnership · Commerce & Consumer Brands
Colgate-Palmolive partners Bombay Shaving for Palmolive D2C
By Startup Enthusiast ·
- Date
- Company
- Bombay Shaving Company
- What it does
- Men's grooming products
- Kind
- Partnership
- Founded
- 2016
What they do
Bombay Shaving Company makes men's grooming products like razors and shaving creams
What happened
Colgate-Palmolive India hired it to manage Palmolive's direct-to-consumer ads and customer relations
Why it matters
Colgate-Palmolive CEO called Palmolive an 'area of disappointment' and seeks D2C expertise
The details
- Colgate-Palmolive India partnered with Bombay Shaving Company to manage Palmolive's D2C (direct-to-consumer) and ecommerce advertising and customer relationships.
- Colgate-Palmolive retained control of Palmolive's modern trade, general trade, traditional advertising, product innovation, quality, and supply chain.
- The partnership is at a nascent stage and shows 'early green shoots'.
- Colgate-Palmolive India CEO Prabha Narasimhan said the D2C flywheel differs from the traditional brand flywheel.
- She added that Colgate-Palmolive tried D2C on its own but was 'not best in class'.
- Colgate-Palmolive Asia Pacific acquired a 14% stake in Bombay Shaving Company for ₹18 Cr in 2018.
The bigger picture
- Palmolive is a weak spot in Colgate-Palmolive India's portfolio; the CEO called personal care an 'area of disappointment'.
- Palmolive leads the premium handwash segment, but the category is small with growth headroom.
- Colgate-Palmolive India spends 50%-60% of its advertising and promotional budget on digital.
- India's D2C GMV (gross merchandise value) is expected to grow from $65 Bn in 2026 to $310 Bn by 2031, per an Inc42 report.
About the business
- Bombay Shaving Company makes men's grooming products including razors, shaving creams, and beard oils.
- Its parent company is Visage Lines Personal Care.
- Visage Lines claimed adjusted EBITDA profitability in FY26.
- Operating revenue jumped 139% to ₹634.7 Cr in FY26.
- Net loss narrowed 97.4% to ₹9 Cr in FY26.
What happens next
- Colgate-Palmolive India is prepared to absorb near-term margin pressure to increase ad spend and prioritize expansion.
- It intends to drive growth ahead of profitability going forward.
The deal
- Type
- partnership
About Bombay Shaving Company
- Product
- s grooming brand
- Customers
- Male consumers seeking grooming and personal care products
- How it makes money
- Direct-to-consumer sales via online and retail channels
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