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LetsShave.com Raises Capital From Giant Wipro

Labeled as domains in Domain Industry News, started by Lox, Feb 27, 2020

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  1. Lox

    Lox _____ VIP Gold Account

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    Wipro HQ has acquired a minority stake in LetsShave.com and signed an agreement to invest in the company. LetsShave is predominantly into the shaving domain and steadily expanding into grooming. It markets a high-quality portfolio of men’s and women’s premium products in this space under the brand name of LetsShave. It has a strategic tie-up with a more than 60 years old established razor manufacturing, Korean company Dorco.

    Sidharth S Oberoi, founder of LetsShave said, “We had started our journey four years ago and have made a strong presence with huge acceptance from our consumers for our products. We are excited to partner with Wipro who has a deep understanding of Indian consumers.” “With their support, we plan to chart a strong growth trajectory and are committed to making LetsShave a sustainable and responsible one-stop solution provider for shaving systems, personal care and grooming for men and women,” he added.

    (LetsShave has a user base of over a half-million customers.)

    read more (business wire India)
     
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  2. Pay.My.id

    Pay.My.id Established Member

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    Thank you @Lox for sharing valuable threads,
     
  3. manpreet

    manpreet Established Member ★★★★★★★★★★

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    Nice info, thanks for sharing.
     

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