The ₹3 crore investment comprises ₹1 crore for a 1% equity stake and ₹2 crore as debt. The fast-growing contemporary men’s apparel and accessories brand is projected to surpass ₹140 crore in net revenue this year, achieving over 40% year-on-year (YoY) growth.
Bengaluru, March 17, 2025 – The latest episode of Shark Tank India on Sony LIV saw an exciting moment for contemporary menswear brand The Bear House, as co-founders Tanvi and Harsh Somaiya secured a ₹3 crore investment from Shark Namita Thapar.
The deal includes ₹1 crore for a 1% equity stake and ₹2 crore as debt, with Thapar—Executive Director of Emcure Pharmaceuticals—backing the brand’s vision for expansion and scalability. Competing for the deal, Shark Kunal Bahl also offered ₹3 crore for 3% equity at a ₹100 crore valuation, but the co-founders ultimately chose Thapar’s offer, believing it aligned better with their growth strategy.
The Bear House: A Game-Changer in Smart Casual Menswear
Inspired by European fashion, The Bear House has quickly become a leading name in premium smart casuals designed for modern hybrid work cultures. The brand is known for its minimalist designs, high-quality fabrics, and strong omnichannel presence, earning top rankings on platforms like Myntra, Flipkart, Ajio, Tata Cliq, Nykaa, and Amazon. It is also expanding into quick-commerce partnerships with platforms like Zepto.
On a Strong Growth Trajectory
With existing offline stores in Delhi, Bengaluru, and Hyderabad, The Bear House plans to expand into Mumbai, Pune, and Chennai, tapping into Tier I and Tier II markets. The company is on track to exceed ₹140 crore in net revenue this year, maintaining an impressive 40% year-over-year growth.
Founder Reactions
“Being on Shark Tank India and gaining the trust of industry leaders is a game-changing moment for our brand,” said Tanvi Somaiya, Co-founder of The Bear House. “This investment validates our vision—giving Indian men the freedom to express their unique selves through fashion.”
“Our philosophy has always been simple—our product is our brand ambassador,” added Harsh Somaiya, Co-founder.
Namita Thapar’s Vote of Confidence
Impressed by the brand’s resilience and success, Namita Thapar praised The Bear House, stating:
“Your story sounds too good to be true—but it’s not just a story, it’s your reality. Despite setbacks, you’ve emerged stronger, with a smile on your face and integrity intact. That resilience and commitment make me want to believe in you.”
With this investment, The Bear House is set to scale new heights, redefining India’s menswear landscape with innovative, stylish, and accessible fashion.
