The actor was an investor and brand ambassador of the men's grooming brand that is set to be fully acquired by Emami Limited for a Rs400 crore valuation
Ayushmann Khurrana. Image: Sujit Jaiswal / AFP
Actor Ayushmann Khurrana has booked a 400 percent return on his angel investment in The Man Company. The men’s grooming brand is set to be fully acquired by Emami Limited for a valuation of Rs400 crore. Emami currently holds a 50.4 percent stake in Helios Lifestyle, which owns The Man Company.
Khurrana made his foray into the world of business with a strategic investment in The Man Company in 2018. He was also their brand ambassador. However, the actor, who has featured in acclaimed films such as Vicky Donor, Andhadhun and Badhaai Ho, among others did not disclose his investment details.
Khurrana's involvement with the brand extended beyond monetary investments. He was a part of The Man Company's campaigns and product innovation, and the actor’s understanding of the men's lifestyle industry helped the brand accelerate its growth story.
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“I always believed in The Man Company’s vision and mission statement from the start. It’s such validation to be a part of the brand’s success story and witness its impact on the men’s grooming industry,” says Khurrana, who was named as one of the 100 most influential people in the world by Time magazine in 2020 and honoured with the Time100 Impact Award in 2023. “Being an integral part of this journey—both as an investor and brand ambassador—has been an incredibly gratifying and insightful experience.”