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§ Private Profile · Mumbai, Maharashtra, India
Non-alcoholic beer producer offering flavored non-alcoholic beer for Indian millennials seeking soft drink alternatives, available in 25,000 stores.
Coolberg is a Mumbai, India-based beverage company that produces and distributes a line of non-alcoholic beers targeted at millennials seeking alternatives to traditional soft drinks. The company manufactures partially fermented barley malt beverages in original, cranberry, peach, and ginger flavors, competing directly against established domestic and global players within the broader Indian beverage market. Operating through both direct-to-consumer online platforms and traditional retail channels, the brand has scaled its physical distribution network to make its products available in 25,000 supermarkets, cafes, and airports across the country. To support its ongoing retail expansion and marketing operations, the enterprise raised $3.5 million in Series A funding led by RB Investments and India Quotient, with additional participation from the Indian Angel Network and Ashish Goenka. Coolberg was officially founded in 2016 by entrepreneurs Pankaj Aswani and Yashika Aswani.
Coolberg has raised $3.5M across 1 funding round.
Coolberg has raised $3.5M in total across 1 funding round.
Coolberg has raised $3.5M in total across 1 funding round.
Coolberg's investors include RB Investments, Ashish Goenka, Indian Angel Network, Madhukar Sinha.
Coolberg has raised $3.5M across 1 funding round. Most recently, it raised $3.5M Series A in November 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 13, 2019 | $3.5M Series A | RB Investments | Ashish Goenka, Indian Angel Network, Madhukar Sinha | Announced |