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Funding · Commerce & Consumer Brands

The Bear House raises $25 Mn Series B round

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Date
Company
The Bear House
What it does
Premium menswear brand
Kind
Funding
Amount
$25 Mn
Stage
Series B
Based in
Bengaluru
Founded
2019
Sector
Commerce & Consumer Brands

What they do

The Bear House is a Bengaluru-based premium menswear brand incorporated in 2019

What happened

It is raising nearly $25 Mn in a Series B round, after a ₹50 Cr Series A led by JM Financial India Growth Fund III

Why it matters

The company has been profitable from day one and targets ₹500 Cr revenue in FY27

The details

  • The Bear House is raising nearly $25 Mn in a Series B round.
  • The company was founded in 2019 by Harsh Somaiya and Tanvi Somaiya.
  • It is a Bengaluru-based premium menswear brand.
  • The founders previously ran a garment manufacturing business called Bloomcraft, which supplied Zara and H&M.
  • Bloomcraft was started in 2014 and shut down in 2019 to focus on The Bear House.
  • The Bear House website launched in 2017, and both businesses ran together until 2019.
  • The company has been profitable from day one and earned its first crore in revenue within the first year.

The bigger picture

  • The Bear House achieved ₹270 Cr revenue in FY26, up over 100% year-on-year.
  • Net profit in FY26 was ₹16 Cr, a five-fold increase from ₹3.7 Cr in FY25.
  • The company is expanding offline retail, shop-in-shop partnerships, and brand marketing.
  • It focuses on retention over acquisition, avoiding heavy discounts and performance marketing.

About the business

  • The Bear House is a premium menswear brand based in Bengaluru.
  • Its strongest categories are shirts and smart casual wear.
  • Manufacturing is outsourced to third-party vendors, keeping the model asset-light.
  • The company started offline expansion after 7 years, using online data to choose store locations.
  • The company reported revenue of ₹130 Cr against a net profit of ₹3.7 Cr in FY25.
  • Offline channels contribute about 25% of total revenue.
  • 62% of customers come from tier II and smaller markets, while 38% are from metros.

What happens next

  • The company targets ₹500 Cr revenue in FY27.

The deal

Type
funding

Founders

  • Harsh Somaiya, co-founder
  • Tanvi Somaiya, co-founder

About The Bear House

Product
Premium men's apparel including formal wear, casual clothing and footwear with focus on quality and design
Customers
Men seeking premium fashion and lifestyle products through online and retail channels
How it makes money
D2C with omnichannel expansion through flagship stores, shop-in-shop formats and quick commerce
What sets it apart
Profitably scaling D2C brand while avoiding capital-intensive model and maintaining customer retention focus

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