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The Bear House Secures ₹3 Crore Deal from Namita Thapar on Shark Tank

by Demos

In a recent episode of Shark Tank India, Bengaluru-based menswear brand The Bear House captured the spotlight. Known for its minimalist and smart casual apparel, the brand impressed all the investors with its vision and quality. On the episode aired on Sony LIV on March 13th, co-founders Tanvi and Harsh Somaiya successfully secured a ₹3 crore investment from Shark Namita Thapar for their contemporary men’s clothing and accessories brand.

Shark Kunal Bahl also showed keen interest, offering ₹3 crore for a 3% equity stake at a ₹100 crore valuation. However, Harsh and Tanvi Somaiya felt that Namita Thapar’s offer was better aligned with their brand’s vision and chose to move forward with her. The finalized deal includes ₹1 crore for a 1% equity stake and ₹2 crore as debt.

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“Being on Shark Tank and gaining the trust of the judges is a defining moment for The Bear House team! Having them experience our garments and believe in our business model through this investment validates our vision—allowing Indian men to express their unique style through our clothing, no matter where they go or what they do. This experience has cemented our reputation as a key player in the menswear segment,” said Tanvi Somaiya, Co-founder of The Bear House.

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The brand has already established an offline presence in Delhi, Bengaluru, and Hyderabad this year and is now eyeing expansion into Tier I and Tier II cities, including Mumbai, Pune, and Chennai. In addition to dominating Myntra’s casual shirts category, The Bear House is also available on Flipkart, Ajio, Tata Cliq, Nykaa, and Amazon. It is further strengthening its reach through hyperlocal quick-commerce platforms like Zepto.

With this investment, The Bear House is set to scale new heights in India’s menswear market.

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