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Partnership · Commerce & Consumer Brands

Colgate-Palmolive partners Bombay Shaving for Palmolive D2C

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Date
Company
Bombay Shaving Company
What it does
Men's grooming products
Kind
Partnership
Founded
2016
Sector
Commerce & Consumer Brands

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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