The Bear House, a contemporary men’s apparel and accessories brand specialising in smart casuals have raised ₹3 crore in funding from Namita Thapar on Shark Tank India 4.
The investment deal includes ₹1 crore for a 1% equity stake and ₹2 crore as debt. She maintained the brand’s ₹100 crore valuation, offering ₹1 crore for a 1% equity stake and ₹2crore in debt at a 10% interest rate, repayable over five years.
The Bear House also received other offers from Kunal Bahl, who offered to invest ₹3 crore for a 3% equity stake at a ₹100 crore valuation.
In the latest episode of the business reality TV series Shark Tank India, aired on Sony LIV on March 13th, the co-founders of The Bear House, a contemporary men’s apparel and accessories brand specialising in smart casuals—Tanvi and Harsh Somaiya—have secured a ₹3 crore investment from Shark Namita Thapar.
Harsh and Tanvi Somaiya felt Namita Thapar’s offer aligned better with their vision and decided to move forward with her when choosing between the two Sharks.
This menswear brand, inspired by European fashion and known for its high-quality, minimalistic, and smart casuals designed for hybrid work cultures, received high praise from the investors.
“Being on Shark Tank and earning the trust and support of the judges is a pivotal moment for The Bear House team! Having them experience our garments and believe in our business model through this investment validates our vision—giving Indian men the freedom to express their unique selves through our clothes, no matter where they go or what they do. This experience has solidified our reputation as a powerhouse in the menswear segment,” said Tanvi Somaiya, Co-founder of The Bear House.
“Our philosophy has always been simple—our product is our brand ambassador!” added Harsh Somaiya, Co-founder of The Bear House.
“Your story sounds too good to be true—but it’s not just a story, it’s your reality. Despite facing 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,” said Namita Thapar while making her offer.
Founded in 2017, Tanvi Somaiya, Harsh Somaiya, and Alka Jayesh Somaiya, The Bear House is a contemporary men’s apparel and accessories brand specialising in smart casuals.
Having already established an offline presence in Delhi, Bengaluru, and Hyderabad this year, the brand aims to expand into other Tier I, and Tier II cities, including Mumbai, Pune, and Chennai.
In addition to its strong presence on Myntra—where it holds the top spot in the casual shirts category—the brand is also available on Flipkart, Ajio, Tata Cliq, Nykaa, and Amazon. It is further expanding its reach through collaborations with hyperlocal quick-commerce platforms like Zepto.
It expects to surpass ₹140 crore in net revenue this year, with over 40% YoY growth.
