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Marico Acquires Beardo Fully

A word about the Beardo brand and as per the website it states that one can shop for the complete range of Men grooming products for your hair, beard, mustache, skin & face. Shampoo, beard wash, beard oil, facial serum and face lotion etc.

It is an Ahmedabad-based company that owns the brand — Beardo. Sheth, who founded the company in 2016 with his childhood friend and business partner Ashutosh Valani, has 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.

Marico has become the full-fledged owner of this startup Beardo. They earlier had a 45% stake in the startup.

Well it needs to be seen whether it was a good idea to let go of the baby before the became a giant.

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