Shantanu Deshpande is a famous Indian businessman and the founder and CEO of Bombay Shaving Company. He is famous for his creative ideas and efforts in the men’s grooming industry.
Recently, he shared his opinion about India’s work culture on LinkedIn, criticizing it and saying that 99% of people behave in a certain way.
Shantanu Deshpande Biography
Shantanu Deshpande was born in 1987 in Dallas, USA to a Maharashtrian family with roots in Maharashtra, India. Although he was born in the USA, he is an Indian citizen and follows Hinduism. His zodiac sign is Gemini. In 1997, his family moved back to India and settled in Pune.
In 2016, Shantanu started Bombay Shaving Company, which offers innovative shaving kits and skincare products. He also runs The Barbershop, a platform where he shares his experiences and interacts with other entrepreneurs.
Shantanu is very active on social media, where he discusses topics such as health and work culture.
Family & Wife
Shantanu Deshpande’s father Kiran Deshpande works for Tata Consultancy Services (TCS) in the United States and his mother Rajni Deshpande is a yoga teacher and classical musician. He has a younger brother Yash Deshpande, who is a postdoctoral researcher at MIT.
Shantanu met his wife Gudwani while studying at the All India Institute of Management Lucknow (AIIM). Gudwani works with the Bill & Melinda Gates Foundation to help bring about positive change in society. The couple has a young son, Arjun, who inspires Shantanu every day.
Early Life & Education
Shantanu spent the first 10 years of his childhood in Dallas. In 1997, his family moved back to Pune, Maharashtra, India. There, he completed his schooling at Vikhe Patil School, where he was a curious and hardworking student who loved solving problems.
After school, Shantanu studied Computer Science at Visvesvaraya National Institute of Technology (VNIT) in Nagpur. Wanting to aim high, he prepared for competitive exams like CAT and GMAT, which helped him get admission to the Indian Institute of Management (IIM) Lucknow for an MBA.
After earning his MBA degree, Shantanu started working at McKinsey & Co., a renowned consulting firm. He often calls his time at McKinsey his “maika” (mother’s house) because it felt like a safe and nurturing place where he learned, grew, and built strong relationships.
During his five years there, he developed leadership and strategy skills and built a network of mentors and colleagues. Many of these mentors later accompanied him when he started his entrepreneurial journey.
| Detail | Information |
|---|---|
| Full Name | Shantanu Deshpande |
| Date of Birth | March 15, 1987 (Age 37) |
| Known For | Co-founder and CEO of Bombay Shaving Company |
| Place of Birth | Dallas, United States |
| Nationality | Indian |
| Parents | Kiran Deshpande (father), Rajni Deshpande (mother) |
| Siblings | Yash Deshpande (brother) |
| Spouse | Sakshi Gudwani |
| Children | 1 (Arjun Deshpande) |
| Education | B.Tech in Computer Science (VNIT, Nagpur) |
| MBA (IIM, Lucknow) | |
| Profession | Entrepreneur |
| Net Worth | ₹170 crore |
| @shantanudeshpandeunofficial | |
| @thebarbershopwithshantanu | |
| Shantanu Deshpande on LinkedIn |
Startup Journey Of Bombay Shaving Company
In 2016, Shantanu Deshpande, along with his friends Deepu Panicker, Raunak Munot, and Rohit Jaiswal, started Bombay Shaving Company. They aimed to change the way men in India groom themselves, by providing them with high-quality, premium products that were better than the usual options.
Their first product was a luxury shaving kit designed for men who wanted a one-of-a-kind grooming experience. The brand became popular due to its focus on quality and creativity.
Over time, Bombay Shaving Company expanded to include products for women, which now make up 20% of the company’s revenue. They also offer skincare, hair care, and styling products.
Shantanu hosts a podcast called The Barbershop with Shantanu, where he interviews entrepreneurs he admires and shares their stories. He also runs The Barber Shop with Shantanu workshop, where he connects with students to understand their goals and ideas.
In addition to his work with the Bombay Shaving Company, Shantanu is an ambassador for Olympic Gold Quest and serves as an external consultant for McKinsey & Company, focusing on digital commerce projects.
Networth & Award
As of January 2025, his net worth is approximately ₹170 crores (approximately $20 million). He has received several awards for his work in the grooming industry:
- Business Today’s Young Achiever Award (2020): Recognized for his contributions to the grooming industry.
- Startup India Award (2022): Honored for his achievements in building a successful brand and driving innovation.
- Fortune India 40 Under 40 (2022): Named one of India’s top young business leaders.
Linkedin Post
Shantanu Deshpande, the founder and CEO of Bombay Shaving Company, shared his thoughts on Indian work culture in a LinkedIn post.
He said that most people in India are unhappy with their jobs. He also criticized Indian leaders and spoke about how wealth is distributed in the country.
Shantanu mentioned that if everyone in India had enough money and job security, many people would probably not want to work anymore.
He pointed out that a huge amount of the country’s wealth is controlled by only about 2,000 families. Despite being extremely wealthy, these families pay less than 1.8% of the country’s taxes.
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