Shantanu Deshpande, the Founder and CEO of Bombay Shaving Company, recently made headlines after sharing his thoughts on India’s quick commerce food delivery industry on December 15.
Deshpande wrote on LinkedIn, “Cook time 2 min, delivery time 8 min,” expressing his dissatisfaction with the idea of 10-minute food delivery. A ‘qcom for food’ founder told me this and I lost my mind.” He added, “Frozen purees, curries, and old vegetables heated and garnished with dhaniya to look fresh, then rushed to your door by a two-wheeler riding like Mad Max because you couldn’t wait another 15 minutes or were too lazy to cook a simple meal.” His remarks reflect his opinion on the fast-paced delivery trend.
At 37, Deshpande has set out to revolutionize the men’s grooming market with Bombay Shaving Company. As of June 2, 2023, he holds a 21.1% stake in the company, according to data from Tracxn. While his exact net worth remains unknown, his holdings in the company were valued at approximately ₹167.4 crore (unrealized) following the latest funding round. Read more
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