THE WHAT? Bombay Shaving Co has closed a Rs160 crore funding round led by Malabar Investments, according to a report published by Times of India. Other participants included Patni Advisors and Singularity AMC.
THE DETAILS Launched by Shantanu Deshpande in 2016, the brand is aiming to conquer the hair removal category and scale up from Rs150 crore to Rs500 crore and Rs1,000 crore. Deshpande told the Times of India that the company was on the hunt for an investor that can help it prepare for flotation on the stock market.
THE WHY? Bombay Shaving Co will pile the funds into growing its product portfolio as well as expanding its offline distribution and international presence. The company is also scouting for potential acquisition targets in adjacent categories and content platforms and is hoping to raise a further Rs300 crore to this end.
Aesthetic injectable companies refer to businesses or companies that specialize in manufacturing, distributing, or providing aesthetic injectable products and services. These companies focus on developing and supplying injectable substances used for cosmetic purposes, typically administered by qualified medical professionals. Aesthetic injectable companies play a crucial role in the field of aesthetic medicine and cosmetic dermatology by offering a variety of injectable products designed to enhance facial features, reduce wrinkles, and improve overall skin appearance.
Key aspects of aesthetic injectable companies include:
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Product Development: These companies research, develop, and manufacture aesthetic injectables such as dermal fillers, botulinum toxins (e.g., Botox), collagen stimulators, and other specialized formulations. They often innovate new products to meet evolving market demands and technological advancements.
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Distribution and Sales: Aesthetic injectable companies distribute their products through authorized channels, including healthcare providers, medical spas, and aesthetic clinics. They may also sell directly to licensed professionals who administer these treatments.
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Regulatory Compliance: Due to the medical nature of their products, aesthetic injectable companies adhere to strict regulatory guidelines and obtain necessary approvals from health authorities (e.g., FDA in the United States) to ensure safety, efficacy, and quality standards.
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Training and Support: Many companies provide training and educational support to healthcare professionals on the proper use, administration techniques, and safety protocols associated with their injectable products. This ensures that practitioners can deliver treatments effectively and safely.
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Customer Support: Aesthetic injectable companies offer customer support services to healthcare providers and consumers, addressing inquiries, providing product information, and assisting with product usage and troubleshooting.
