The stabbing happened at around 4:04am today (January 1) on the junction of Oxford Street and South Molton Street.
Police were called to the scene after members of the public reported “men with knives” outside Bond Street Station.
A man, aged 25, was taken to hospital with a stab wound.
Metropolitan Police has confirmed that his injuries are not life-threatening.
An investigation is underway with a crime scene in place.
No arrests have been made.
A spokesperson for Met Police said: “At 04:04hrs on Wednesday, 1 January police were called to Oxford Street, just outside Bond Street Underground Station, following reports of men armed with knives.
“Officers attended and at the junction of Oxford Street and South Molton Street they found a 25-year-old man with a stab wound.
“An investigation is underway and a crime scene remains in place.
“At this early stage there have been no arrests.
“Anyone with information is asked to call 101, providing the reference 2175/01JAN. Information can also be provided to Crimestoppers, anonymously, on 0800 555 111.”