Actor Suniel Shetty-backed men’s grooming startup Beardo has raised $500,000 in seed funding from Venture Catalysts. Founded in 2015 by Ashutosh Valani and Priyank Shah, the Ahmedabad-based startup provides grooming products for beard to men. The startup claims to have crossed a GMV of ₹120 lakh per month and says that it receives around 500 orders a day.