Funding

Exclusive: Marmalade Raises ₹6 Crore Selling Whiskey Where It Keeps ₹358 of a ₹1,750 Bottle

Sabyasachi Chandra

₹6 crore raised entirely from individuals, including Amrut Distilleries COO Ashok Chokalingam, Don Q Rum's Robert Sellares, a former AB InBev director and HomeLane's founders. No institutional fund…

Brightside sold 18,600 bottles for ₹66.5 lakh in its first 90 days in Pune, which is roughly ₹358 of company revenue per ₹1,750 bottle. State excise and trade margins absorb the rest.

The ₹15 crore December ARR target annualises the peak month of the Indian drinking calendar. ₹5 crore ARR in September means about ₹42 lakh of sales that month.

Pune and Mumbai sit in the same state, so the immediate expansion adds a market rather than a regulatory jurisdiction. Alcohol is licensed state by state, and the second state is where most Indian…

Repeat purchase above 70 percent in month three is the strongest number disclosed, because spirits is a habitual category.

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