Funding · Commerce & Consumer Brands
The Bear House raises $25 Mn Series B round
By Startup Enthusiast ·
- Date
- Company
- The Bear House
- What it does
- Premium menswear brand
- Kind
- Funding
- Amount
- $25 Mn
- Stage
- Series B
- Based in
- Bengaluru
- Founded
- 2019
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
More on The Bear House
Same day
- Hoola Health raises $5 million for expansion10 June 2026 · Funding · $5 Mn
- Honasa targets ₹5,500 Cr revenue by FY3110 June 2026 · Results
- Uni Seoul raises Rs 35 crore Series A for expansion10 June 2026 · Funding · Rs 35 crore ($3.6 Mn)
- Fidelity sells Meesho shares worth ₹988.44 Cr10 June 2026 · Stake sale · ₹988.44 Cr
- Seafund's Manoj Kumar Agarwal discusses deep tech and founder mindset10 June 2026 · Analysis
- Arali Ventures partner shares deep-tech investment views10 June 2026 · Analysis