Financial Analysis On RB Investing In Bombay Shaving Company - Shantanu Gandhi
The Covid driven lockdown pushed many businesses to the brink of a shutdown and considerable losses to many enterprises. There was, however, a silver lining to it, a boom in E-Commerce businesses from the month of June- July. According to the Co-founder Shantanu Das Gupta – notwithstanding the lockdown in March, they are having revenues of 8 Crore INR every month and are well on track to cross the 1 Billion Mark (FY 20-21) (Source – Interview in Financial Express dated 8th Jan 21). This, coupled with the brands offering in the personal health care segment – offering pre-shave and post-shave men products and a new foray into women products created a unique offering to Ricket Benckiser (RB).







