Beardo EC
Beardo EC
Beardo EC
Subject: E-Commerce
Class: (TY)BBA-ITM(Regular)
INTRODUCTION
Beardo is an official brand manufacturer of
natural ordinary oils or incompatible
products to bearded man.
Content
Mi ss i on , Vi si on & Ta gl i ne
Fou nde rs
St or y Be hi nd
Pr om ot i on Ta c t i c s
Competitors
Article’s
Beardo’s Worth
Success
ABOUT THE Beardo observed the lack of grooming products for men and
therefore decided to change the grooming game for men with
COMPANY exclusive products made using choicest ingredients and a
quality-controlled manufacturing process.
TAGLINE
“Anybody can grow a beard, but not
everyone can be a Beardo.”
FOUNDERS
Priyank Sheth, one of the two promoters of Zed Lifestyle Pvt.,
an Ahmedabad-based company that owns the brand Beardo,
founded the company in 2015 with his childhood friend and
business partner, Ashutosh Valani.
Thus,
they created one of the most successful startups in the still niche male grooming
market in India, the size of which is pegged to be about US $1 billion.
The operating revenue for Beardo generated through sales of its products has
increased by 63% from Rs 48.2 crore in FY19 to Rs 78.5 crore during FY20. Beardo
has churned a profit of Rs 2.2 crore in FY20 from Rs 21.6 lakhs in FY19.
Marico bought 43% of Beardo in November 2017 and acquired the remaining stakes
in July 2020.
STORY BEHIND
Bombay shaving
company
Bombay shaving company is one of Beardo’s
top competitors. Bombay shaving company’s
headquarters is in New Delhi and was
founded in 2015 like Beardo, Bombay shaving
company also work within the personal
product sector. Bombay shaving company
generates 86% of Beardo's revenue
Competitors
By Rajiv Singh
Published : August 04 2020
Marico acquires 45% stake in men's
grooming brand Beardo for Rs 50 cr