Medusa Beverages
Beer maker Medusa Beverages has entered South India, launching in Karnataka with plans for extensive retail reach.
Company lists
Spirits, beer, wine, gin & craft, ready-to-drink and more: the companies building alcoholic beverage products in India, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 360 alcoholic beverage products companies in India, last 24 months: 43 M&A deals · 16 launches · 13 Contracts · 6 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
Beer maker Medusa Beverages has entered South India, launching in Karnataka with plans for extensive retail reach.
Alcobrew Distilleries India Limited has made its formal entry into the luxury segment with the launch of Gamber Valley Indian Single Malt Whisky, a range built around Himalayan…
The most recent competitors to raise funding was Nao Spirits, which secured $1.83M in Jul, 2023.
Its Shilong-based subsidiary CMJ Breweries has inked an agreement with Brews & Bliss LLP, which holds exclusive rights to manufacture, market and sell Golden Eagle Beer, the company said…
Asgard Alcobev has announced that its subsidiary CMJ Breweries and Brews & Bliss LLP has entered into an agreement to recreate the iconic Golden Eagle Beers of Mohan Meakins (Solan) to…
R V Ravikumar has acquired additional equity shares in Ravi Kumar Distilleries Limited through an open market purchase, as disclosed in a regulatory filing under SEBI regulations.
Allied Blenders and Distillers announced that its board has approved to enter into shareholders’ agreement with Kion Blenders Industries to acquire a 50% stake from the existing…
Global brewer AB InBev has introduced Corona Cero in India, marking the debut of the zero-alcohol variant of its flagship Corona portfolio in the country.
Modi Illva today announced the launch of the highly anticipated third season of its flagship IP, Rockford Circle.
To support growth, the company has already invested 5.25 billion rupees ($57.7 million) to set up its own bottling units and allocated an additional 1.1 billion rupees in January to…
New Delhi: Asgard Alcobev, formerly known as Banganga Paper Industries, has completed the acquisition of CMJ Breweries, a leading contract brewing facility in Northeast India.
Asgard Alcobev, formerly known as Banganga Paper Industries, has strategically acquired a 78.9 percent equity stake in CMJ Breweries, a prominent contract brewing facility in Northeast…
AB InBev India is set to bolster its procurement strategy by sourcing more than 16,000 tons of locally grown barley by 2026, a move expected to enhance supply chain resilience and…
SBI Mutual Fund has risen its stake in United Breweries to over 5% by acquiring an extra 60,683 shares on February 1, 2026.
United Breweries Limited (UBL), part of the HEINEKEN Company, today announced the launch of Kingfisher Smooth, a strategic innovation that expands the Kingfisher portfolio within India’s…
Pernod Ricard followed suit, selling its Imperial Blue whisky business to India’s Tilaknagar Industries
The Board of Directors of Banganga Paper Industries approved the proposal to acquire 79 per cent equity stake in CMJ Breweries for ₹22 crore through a share swap.
Notable transactions this year include Tilaknagar Industries' $486 million purchase of the Imperial Blue whisky brand
United Breweries Ltd (UBL) has announced the launch of Heineken Silver in New Delhi, with availability beginning November 25, 2025.
Sula Vineyards: The company receives a Rs 21.5 crore demand order from the Nashik tax authority due to unverified exporter shipping bills on the ICEGATE portal.
Som Distilleries & Breweries Limited (SDBL) has announced the completion of its acquisition of Woodpecker Greenagri Nutrients Private Limited (WGNPL), marking a significant expansion of…
Radico Khaitan Ltd has introduced 1965 Spirit of Victory Espresso Coffee Premium Dark Rum in Uttar Pradesh, with plans to expand to Jharkhand and Haryana.
Equity Intelligence India, the portfolio management company founded by ace investor Porinju Veliyath, has picked half a percent equity stake in Associated Alcohols & Breweries, the…
Radico acquired a 47.5% equity stake in D’YAVOL Spirits B.V., aiming to take India to the World by building bottled-in-origin luxury brands, targeting Tequila and other niche categories.
Indian craft beer brand Bira 91 is in advanced discussions to raise around $132 million, marking its largest-ever funding round as it looks to strengthen its balance sheet and support…
The company has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India, at World Food India 2025, which was held during…
Zaggle Prepaid Ocean Services Ltd, engaged in providing spend management solutions and financial technology products, has entered into a 3-year agreement with Pernod Ricard India Private…
Sula Vineyards is in talks to acquire 2-3 small brands to enter whisky, scotch and vodka segments, the channel reported.
Allied Blenders and Distillers Limited on Thursday said it has decided not to proceed with its planned acquisition of up to 51% stake in Good Barrel Distillery Private Limited.
Shares of United Breweries Ltd (UBL), India’s largest beer maker and part of the HEINEKEN group, jumped 2.3% to their day’s high of Rs 2,070 on the BSE on Wednesday after the company…
Browse alcoholic beverage products companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 135 alcoholic beverage products companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.
Manufacturers of alcoholic beverages
Alcoholic beverage products₹17,103.39 cr in FY24-25 · net ₹345.19 cr · +172% since FY2018
Filed standalone accounts · Radico Khaitan LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Premium beer brand
Alcoholic beverage products₹9,050.60 cr in FY24-25 · net ₹441.40 cr · +142% since FY2018
Filed standalone accounts · Carlsberg India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Manufacturer of alcoholic beverages
Alcoholic beverage products₹8,094.40 cr in FY24-25 · net ₹200.13 cr · +300% since FY2017
Filed standalone accounts · Allied Blenders And Distillers LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

IMFL and Country Liquor
Alcoholic beverage products₹3,527.12 cr in FY24-25 · net ₹24.97 cr · +276% since FY2018
Filed standalone accounts · Globus Spirits LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of spirits
Alcoholic beverage products₹3,191.55 cr in FY24-25 · net ₹239.43 cr · +647% since FY2018
Filed standalone accounts · Tilaknagar Industries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Liquor processing company
Alcoholic beverage products₹971.74 cr in FY24-25 · net ₹57.72 cr · +126% since FY2018
Filed standalone accounts · Som Distilleries And Breweries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer and marketer of alcoholic beverages
Alcoholic beverage products₹2,551.79 cr in FY24-25 · net ₹129.04 cr · +58% since FY2018
Filed standalone accounts · G M Breweries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

IMFL Brand
Alcoholic beverage products₹2,450.16 cr in FY24-25 · net ₹163.29 cr · +9076% since FY2018
Filed standalone accounts · Eureka Forbes LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of distillery and brewery operations
Alcoholic beverage products₹1,254.68 cr in FY24-25 · net ₹149.76 cr · +103% since FY2017
Filed standalone accounts · Snj Distillers Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Brand of beers
Alcoholic beverage products₹1,873.76 cr in FY23-24 · net ₹21.98 cr · +717% since FY2017
Filed standalone accounts · Rajasthan Liquors LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Multi-brand whiskey company
Alcoholic beverage products₹1,620.35 cr in FY24-25 · net ₹69.45 cr · +366% since FY2018
Filed standalone accounts · Alcobrew Distilleries India LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Alcoholic beverage company offering a wide range of spirits, including whisky, rum, vodka, gin, and brandy
Alcoholic beverage productsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Production of liquor
Alcoholic beverage products₹1,101.28 cr in FY24-25 · net ₹81.46 cr · +230% since FY2018
Filed standalone accounts · Associated Alcohols & Breweries Ltd.Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of whisky, vodka, rum, and brandy
Alcoholic beverage products₹972.20 cr in FY24-25 · net ₹79.53 cr · +2454% since FY2018
Filed standalone accounts · Hermes Distillery Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of gin
Alcoholic beverage products₹844.11 cr in FY24-25 · net ₹37.35 cr · +101% since FY2018
Filed standalone accounts · Nv Distilleries And Breweries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of distilled beverages with distilleries
Alcoholic beverage products₹809.62 cr in FY24-25 · net ₹1.34 cr · +178% since FY2018
Filed standalone accounts · Radico Nv Distilleries Maharashtra LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer & Supplier of Beverage products
Alcoholic beverage products₹670.34 cr in FY24-25 · net −₹23.28 cr · +18% since FY2018
Filed standalone accounts · Jagatjit Industries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Brand of beer
Alcoholic beverage products₹704.83 cr in FY24-25 · net ₹34.86 cr · +242% since FY2018
Filed standalone accounts · Mount Everest Breweries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of whiskey
Alcoholic beverage products₹702.62 cr in FY24-25 · net ₹22.00 cr · +555% since FY2018
Filed standalone accounts · Premier Green Innovations Private LimitedUS$1.38m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of craft beer
Alcoholic beverage products₹600.08 cr in FY23-24 · net −₹643.54 cr · +14375% since FY2016
Filed standalone accounts · B9 Beverages LimitedUS$456.92m across 16 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of spirits
Alcoholic beverage products₹892.81 cr in FY24-25 · net ₹104.66 cr · +159% since FY2018
Filed standalone accounts · Piccadily Agro Industries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Godfather Beer
Alcoholic beverage products₹1,195.53 cr in FY24-25 · net ₹43.88 cr · +445% since FY2018
Filed standalone accounts · Devans Modern Breweries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Vineyard that produces and sells wine, offers hospitality and wine courses
Alcoholic beverage products₹533.72 cr in FY24-25 · net ₹33.40 cr · +27% since FY2018
Filed standalone accounts · Sula Vineyards LimitedUS$64.77m across 11 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of multi category wines
Alcoholic beverage products₹503.78 cr in FY24-25 · net ₹3.17 cr · +82% since FY2018
Filed standalone accounts · K.B.Wines Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of grain alcohol and alcoholic beverages
Alcoholic beverage products₹490.08 cr in FY24-25 · net ₹6.20 cr · +40% since FY2018
Filed standalone accounts · Nv Distilleries Private Limited

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Retail and distributor of beer, wine & spirits
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Lakeforest Wines Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of whiskey
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Amrut Distilleries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of alcoholic beverages
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Agribiotech Industries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of brandy, beer, rum, gin, and vodka
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Khemani Distilleries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of spirits
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Boudh Distillery Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of wines, spirits, and beers
Alcoholic beverage productsin FY24-25 · net · since FY2015
Filed standalone accounts · Aspri Spirits LimitedUS$474k across 2 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Brand of beer
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Sona Beverages Private LimitedUS$4.04m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Beer Brand
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Snj Breweries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of beers
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Regent Beers And Wines LimitedUS$1.91m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of spirits
Alcoholic beverage productsin FY24-25 · net · since FY2019
Filed standalone accounts · Ads Distilleries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of spirits
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Pmk Distillations Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of brandy
Alcoholic beverage productsin FY23-24 · net · since FY2017
Filed standalone accounts · Golden Vats Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufacturer of distilled spirits and brewed beverages for retail distribution
Alcoholic beverage productsin FY24-25 · net · since FY2015
Filed standalone accounts · Privilege Industries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Wholesaler of spirits
Alcoholic beverage productsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of wine
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Moet Hennessy India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of liquors
Alcoholic beverage productsin FY24-25 · net · since FY2021
Filed standalone accounts · Forever Distillery Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

IMFL Brand
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Vindhyachal Distilleries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

IMFL and Agro Products Company
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Ashoka Distillers And Chemicals Pvt LtdEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of tiered storage, email, and domain hosting services
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Accord Distillers & Brewers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of beers
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Catalysts Bio-Technologies Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Provider of online slot games and casino services
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Deejay Distilleries Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of rum and whisky
Alcoholic beverage productsin FY24-25 · net · since FY2018
Filed standalone accounts · Travancore Sugars And Chemicals LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of beer and spirits
Alcoholic beverage productsin FY24-25 · net · since FY2019
Filed standalone accounts · Grano69 Beverages Private LimitedUS$8.89m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Manufactures and markets alcohol
Alcoholic beverage productsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.

Brand of spirits, including whiskey, rum, and brandy
Alcoholic beverage productsin FY24-25 · net · since FY2022
Filed standalone accounts · Regent Distillers Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.
Open alcoholic beverage products in India on RadarBrowse alcoholic beverage companies in India, including top alcoholic beverage companies in India across spirits, beer and wine. Find alcoholic beverage startups in India and listed alcoholic beverages stocks in India.
Distillers and brands of whisky, rum, brandy, vodka and other spirits.
Manufacturers of alcoholic beverages
Alcoholic beverage productsManufacturer of alcoholic beverages
Alcoholic beverage products
IMFL and Country Liquor
Alcoholic beverage products
Brand of spirits
Alcoholic beverage products
IMFL Brand
Alcoholic beverage productsBreweries, brewpubs and beer brands across India.

Brewpub chain offering craft beers and food through owned outlets.
Alcoholic beverage products
Brand of beer
Alcoholic beverage products
Premium beer brand
Alcoholic beverage products
Brand of beer
Alcoholic beverage products
Online platform offering a premium selection of beers
Alcoholic beverage productsWineries and makers of wine, mead and sparkling drinks.

Vineyard that produces and sells wine, offers hospitality and wine courses
Alcoholic beverage products
Brand of wine
Alcoholic beverage products
Brand of wines
Alcoholic beverage products
Manufactures and markets wines
Alcoholic beverage products
Manufacturer of masterbatches for various applications
Alcoholic beverage productsCraft gin, liqueur and premium alcoholic beverage brands.

Premium beer brand
Alcoholic beverage products
Alcoholic beverage company offering a wide range of spirits, including whisky, rum, vodka, gin, and brandy
Alcoholic beverage products
Brand of gin
Alcoholic beverage products
Brand of whiskey
Alcoholic beverage products
Brand of craft beer
Alcoholic beverage productsReady-to-drink cocktails, seltzers and low alcohol drinks.

Provider of hard seltzer beverages with multiple flavors
Alcoholic beverage products
Brand of alcoholic beverages providing a refreshing alternative to traditional drinks
Alcoholic beverage products
Research and development company offering alcohol to protect the consumer’s liver
Food & beverage products
Brand of cocktail
Alcoholic beverage products
Brand of ready to drink alcoholic beverage products
Alcoholic beverage productsOnline and direct-to-consumer platforms for beer and spirits.

Platform offering anti-hangover shots
Alcoholic beverage products
Online platform offering a premium selection of beers
Alcoholic beverage products
Online platform offering distillery tours
Alcoholic beverage productsPublicly traded alcoholic beverage companies in India.
Manufacturers of alcoholic beverages
Alcoholic beverage productsManufacturer of alcoholic beverages
Alcoholic beverage products
IMFL and Country Liquor
Alcoholic beverage products
Brand of spirits
Alcoholic beverage products
Liquor processing company
Alcoholic beverage productsNewer alcoholic beverage brands founded in recent years.

Brand of wine
Alcoholic beverage products
Brand of multicategory alcoholic beverages
Alcoholic beverage products
Manufacturer of alcoholic beverages and non-alcoholic drinks
Alcoholic beverage products
Manufacturer of blended whisky and tripled distilled vodka spirits
Alcoholic beverage products
Provider of rum made from a blend of aged rum
Alcoholic beverage productsAlcohol and beverage companies with open roles.
Provider of distillery and brewery operations
Alcoholic beverage products
Alcoholic beverage company offering a wide range of spirits, including whisky, rum, vodka, gin, and brandy
Alcoholic beverage products
Production of liquor
Alcoholic beverage productsBrand of beer
Alcoholic beverage products
Godfather Beer
Alcoholic beverage productsRevenue, profit and growth from the filed annual accounts of 124 alcoholic beverage products companies in India for FY24-25 — 152 of the 304 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 59% of the revenue, so medians describe the typical company better than totals.
124 companies filing accounts
3.1% aggregate margin
77 of 124 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
121 companies with accounts for both years; median growth +8%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| Adventurist Spirits DistilleryADVENTURIST SPIRITS DISTILLERY PRIVATE LIMITED | +375% | |
| HajooriSOSYO HAJOORI BEVERAGES PRIVATE LIMITED | +196% | ₹240.46 cr |
| Kati PatangEmpyrean Spirits Private Limited | ₹16.61 cr | |
| ProostGRANO69 BEVERAGES PRIVATE LIMITED | ||
| Grover ZampaGROVER ZAMPA VINEYARDS LIMITED | ₹64.64 cr | |
| Latambarcem BrewersLATAMBARCEM BREWERS PRIVATE LIMITED |
| Company | Margin | Revenue |
|---|---|---|
| Adventurist Spirits DistilleryADVENTURIST SPIRITS DISTILLERY PRIVATE LIMITED | 66.4% | |
| DesmondJiAGAVE INDUSTRIES (INDIA) PRIVATE LIMITED | ₹11.84 cr | |
| The Catalysts GroupCATALYSTS BIO-TECHNOLOGIES PRIVATE LIMITED | ||
| SNJ GroupSNJ BREWERIES PRIVATE LIMITED | ||
| Snj DistillersSNJ DISTILLERS PRIVATE LIMITED | 11.9% | ₹1,254.68 cr |
| Simba BeerSONA BEVERAGES PRIVATE LIMITED |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Alcoholic beverage products | 124 | ₹79,377.28 cr | ~₹48.4 cr | 62% | 3.1% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| Radico KhaitanRADICO KHAITAN LIMITED | ₹17,103.39 cr | ₹345.19 cr | 2.0% | +10% |
| John DistilleriesJOHN DISTILLERIES PRIVATE LIMITED | ₹1.80 cr | +20% | ||
| Carlsberg IndiaCARLSBERG INDIA PRIVATE LIMITED | ₹9,050.60 cr | ₹441.40 cr | 4.9% | +13% |
| Allied Blenders and DistillersAllied Blenders And Distillers Limited | ₹8,094.40 cr | ₹200.13 cr | 2.5% | +5% |
| Globus SpiritsGLOBUS SPIRITS LIMITED | ₹3,527.12 cr | ₹24.97 cr | 0.7% | +12% |
| Tilaknagar IndustriesTILAKNAGAR INDUSTRIES LIMITED | ₹3,191.55 cr | ₹239.43 cr | 7.5% | +7% |
| G.M.BreweriesG M BREWERIES LIMITED | ₹2,551.79 cr | ₹129.04 cr | 5.1% | +2% |
| Amber Distilleries LimitedEUREKA FORBES LIMITED | ₹2,450.16 cr | ₹163.29 cr | 6.7% | +11% |
| Amrut DistilleriesAMRUT DISTILLERIES PRIVATE LIMITED | ||||
| AlcobrewALCOBREW DISTILLERIES INDIA LIMITED | ₹1,620.35 cr | ₹69.45 cr | 4.3% | -1% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
The financials above are one chapter. The full alcoholic beverage products landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.
The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.
187 recorded equity rounds have gone to 360 alcoholic beverage products companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.
US$1.19m
US$14.17m
99 rounds in India
last 24 months
Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$200.70m across 25 rounds.
Equity rounds over the last five years, 360 alcoholic beverage products companies in India among 360 in India.
Each deal appears in the events strip at the top of the page.
Go deeper in the alcoholic beverage products landscape reports:
Accounting and Tax Software Industry Landscape of India AdTech Industry Landscape of India Aerospace, Maritime and Defense Industry Landscape of India45 alcoholic beverage products companies in India have recorded equity funding, US$681.75m in total. Totals and round dates describe the historical record; they are not current valuations.
Largest recorded equity totals, with the latest recorded round.
Alcoholic beverage productsBrand of craft beer

Alcoholic beverage productsVineyard that produces and sells wine, offers hospitality and wine courses

Alcoholic beverage productsBrand of wines
Alcoholic beverage productsPremium beer brand
Alcoholic beverage productsBrand of gin and gin-based cocktails
Alcoholic beverage productsBrand of beer
Alcoholic beverage productsBrewpub chain offering craft beers and food through owned outlets.


Alcoholic beverage productsBrand of beer

Alcoholic beverage productsBrand of beer and spirits

Alcoholic beverage productsManufacturer and retailer of craft beer
Alcoholic beverage productsBrand of beer
Alcoholic beverage productsBrand of beers
Alcoholic beverage productsBrand of meads

Brand of beer

Alcoholic beverage productsBrand of multi-category craft alcoholic beverages

Alcoholic beverage productsBrand of craft whiskey
₹600.08 cr in FY23-24 · net −₹643.54 cr · +14375% since FY2016
Filed standalone accounts · B9 Beverages LimitedUS$456.92m across 16 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹533.72 cr in FY24-25 · net ₹33.40 cr · +27% since FY2018
Filed standalone accounts · Sula Vineyards LimitedUS$64.77m across 11 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹64.64 cr in FY24-25 · net −₹31.05 cr · -1% since FY2018
Filed standalone accounts · Grover Zampa Vineyards LimitedUS$30.03m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹9,050.60 cr in FY24-25 · net ₹441.40 cr · +142% since FY2018
Filed standalone accounts · Carlsberg India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹17.52 cr in FY22-23 · net · since FY2021
Filed standalone accounts · Third Eye Distillery Holdings Private LimitedUS$12.58m across 9 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹94.76 lakh in FY20-21 · net −₹10.09 cr · since FY2014
Filed standalone accounts · White Owl Brewery Private LimitedUS$11.08m across 7 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹16.00 cr in FY23-24 · net ₹2.46 cr · since FY2018
Filed standalone accounts · Ironhill Brewery Llp

An entrepreneur with a vision to change the status quo.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹57.96 cr in FY24-25 · net −₹4.21 cr · since FY2019
Filed standalone accounts · Medusa Beverages Private LimitedUS$8.99m across 3 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Grano69 Beverages Private LimitedUS$8.89m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹42.82 cr in FY24-25 · net −₹11.66 cr · since FY2018
Filed standalone accounts · Beer Works Restaurants And Microbrewery Private LimitedUS$8.23m across 6 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2.37 cr in FY18-19 · net · -31% since FY2017
Filed standalone accounts · Kaama Breweries Private LimitedUS$6.18m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹38.10 lakh in FY24-25 · net −₹2.32 cr · -90% since FY2018
Filed standalone accounts · Himalayan Ales Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$4.06m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Sona Beverages Private LimitedUS$4.04m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹11.84 cr in FY24-25 · net ₹2.01 cr · +164% since FY2017
Filed standalone accounts · Agave Industries (India) Private LimitedUS$3.28m across 7 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
US$2.92m across 4 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Meet the people behind alcoholic beverage products companies in India. 142 of 304 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Alcoholic beverage products companies in India with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
Alcoholic beverage productsOnline platform offering distillery tours

Alcoholic beverage productsBrand of wine

Alcoholic beverage productsBrand of beer and spirits

Alcoholic beverage productsBrand of wines
Alcoholic beverage productsBrand of craft beers and functional beverages

Alcoholic beverage productsBrand of beers
Alcoholic beverage productsBrand of beers
Alcoholic beverage productsBrand of multicategory alcoholic beverages

Alcoholic beverage productsBrand of whiskey
Alcoholic beverage productsPlatform offering anti-hangover shots
Founders
Details not available
Alcoholic beverage productsBrand of beers
Founders
Details not available
Alcoholic beverage productsBrand of whisky, vodka, rum, and brandy
in FY24-25 · net · +2429% since FY2022
Filed standalone accounts · Adventurist Spirits Distillery Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹25.19 cr in FY23-24 · net ₹7.02 lakh · since FY2022
Filed standalone accounts · Red Sun & Black Rock Beverages Private LimitedUS$1.93m across 2 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Grano69 Beverages Private LimitedUS$8.89m across 6 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹64.64 cr in FY24-25 · net −₹31.05 cr · -1% since FY2018
Filed standalone accounts · Grover Zampa Vineyards LimitedUS$30.03m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net ₹18.30 lakh · +2044% since FY2019
Filed standalone accounts · Latambarcem Brewers Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹16.61 cr in FY24-25 · net · +5623% since FY2019
Filed standalone accounts · Empyrean Spirits Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2022
Filed standalone accounts · Wild Drum Beverages Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹702.62 cr in FY24-25 · net ₹22.00 cr · +555% since FY2018
Filed standalone accounts · Premier Green Innovations Private LimitedUS$1.38m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2019
Filed standalone accounts · Naturedge Beverages Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2018
Filed standalone accounts · Regent Beers And Wines LimitedUS$1.91m across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹972.20 cr in FY24-25 · net ₹79.53 cr · +2454% since FY2018
Filed standalone accounts · Hermes Distillery Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies whose recorded headcount rose the most between the two most recent team-size snapshots. A larger team is a signal of momentum, not of profitability.
Manufacturers of alcoholic beverages
Alcoholic beverage productsBrand of craft beer

Alcoholic beverage productsBrand of spirits
Founders
Details not available
Alcoholic beverage productsProvider of facial recognition, navigation, and digital signage systems
Founders
Details not available
₹17,103.39 cr in FY24-25 · net ₹345.19 cr · +172% since FY2018
Filed standalone accounts · Radico Khaitan LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹600.08 cr in FY23-24 · net −₹643.54 cr · +14375% since FY2016
Filed standalone accounts · B9 Beverages LimitedUS$456.92m across 16 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹892.81 cr in FY24-25 · net ₹104.66 cr · +159% since FY2018
Filed standalone accounts · Piccadily Agro Industries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹2.62 cr in FY24-25 · net −₹55.95 lakh · -1% since FY2018
Filed standalone accounts · Krsma Estates Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Alcoholic beverage products companies in India with at least one woman on the founding team. Expand a profile to meet the founders; teams can include both women and men.
Alcoholic beverage productsBrand of gin and gin-based cocktails
Alcoholic beverage productsBrand of wines, spirits, and beers


Alcoholic beverage productsBrand of alcoholic beverages providing a refreshing alternative to traditional drinks


Alcoholic beverage productsManufacturer of authentic meads with an emphasis on Indian flavours
Alcoholic beverage productsBrand of spirits


Alcoholic beverage productsBrand of multi-category craft alcoholic beverages

Alcoholic beverage productsBrand of vodka
Manufacturer of alcoholic beverages
Alcoholic beverage productsOnline platform offering distillery tours

Alcoholic beverage productsBrand of beer

Alcoholic beverage productsBrand of wines
Alcoholic beverage productsBrand of meads and sparkling wine
₹17.52 cr in FY22-23 · net · since FY2021
Filed standalone accounts · Third Eye Distillery Holdings Private LimitedUS$12.58m across 9 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · since FY2015
Filed standalone accounts · Aspri Spirits LimitedUS$474k across 2 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.02 cr in FY24-25 · net −₹1.76 cr · +390% since FY2022
Filed standalone accounts · Barbrew Beverages Private LimitedUS$1.23m across 4 disclosed equity rounds
Darker bars = larger rounds

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹24.52 lakh in FY24-25 · net ₹2.95 lakh · +9% since FY2024
Filed standalone accounts · Goenchi Industries (Opc) Private Limited

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹11.84 cr in FY24-25 · net ₹2.01 cr · +164% since FY2017
Filed standalone accounts · Agave Industries (India) Private LimitedUS$3.28m across 7 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1.88 cr in FY24-25 · net · +1761% since FY2021
Filed standalone accounts · Blisswater Industries Private LimitedUS$980k across 2 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹8,094.40 cr in FY24-25 · net ₹200.13 cr · +300% since FY2017
Filed standalone accounts · Allied Blenders And Distillers LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net · +2429% since FY2022
Filed standalone accounts · Adventurist Spirits Distillery Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹22.92 lakh in FY24-25 · net −₹5.98 lakh · +1333% since FY2018
Filed standalone accounts · D-Alive Health Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹64.64 cr in FY24-25 · net −₹31.05 cr · -1% since FY2018
Filed standalone accounts · Grover Zampa Vineyards LimitedUS$30.03m across 5 disclosed equity rounds
Darker bars = larger roundsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹9.36 lakh in FY24-25 · net −₹20.20 lakh · since FY2022
Filed standalone accounts · Hill Zill Wines Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Alcoholic beverage products companies in India founded in the last four years, newest first.
Alcoholic beverage productsDistributor of foreign liquor, including whisky, beer, and brandy
Alcoholic beverage productsLuxury spirits brand showcasing premium and super-premium spirits
Founders
Details not available
Alcoholic beverage productsLiqueur brand
Founders
Details not available
Alcoholic beverage productsInternet first brand of cocktails
Founders
Details not available
A farm company offering beer products
Alcoholic beverage productsProvider of high-end blended whisky products
Alcoholic beverage productsBrand of wines
Company that offers a range of spirits, including wine and spirits
Founders
Details not available
Alcoholic beverage productsBrand of spirits


Alcoholic beverage productsProvider of rum made from a blend of aged rum
Founders
Details not available
Alcoholic beverage productsBrand of spirits and gin
Alcoholic beverage productsBrand of malt whiskey


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹34.73 lakh in FY24-25 · net · +56% since FY2022
Filed standalone accounts · Lazycocktails Beverages Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹20.68 cr in FY24-25 · net −₹3.29 cr · +113370% since FY2018
Filed standalone accounts · Goa Brewcrafts Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹24.52 lakh in FY24-25 · net ₹2.95 lakh · +9% since FY2024
Filed standalone accounts · Goenchi Industries (Opc) Private Limited

Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
in FY24-25 · net −₹2.39 cr · +12% since FY2022
Filed standalone accounts · East Side Distillery Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.


Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Companies with the most distinct news events in the last 24 months across the business press Fliar tracks.
Manufacturer of alcoholic beverages
Manufacturers of alcoholic beverages
Alcoholic beverage productsVineyard that produces and sells wine, offers hospitality and wine courses

Alcoholic beverage productsBrand of spirits
Founders
Details not available
Alcoholic beverage productsProduces and markets alcoholic beverages
Alcoholic beverage productsBrand of champagnes and spirits
Alcoholic beverage productsBrand of craft beer

Alcoholic beverage productsBrand of spirits
Founders
Details not available
Alcoholic beverage productsBrand of beers
Alcoholic beverage productsPremium beer brand
Alcoholic beverage productsIMFL and Country Liquor
Alcoholic beverage productsGodfather Beer
₹8,094.40 cr in FY24-25 · net ₹200.13 cr · +300% since FY2017
Filed standalone accounts · Allied Blenders And Distillers LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹17,103.39 cr in FY24-25 · net ₹345.19 cr · +172% since FY2018
Filed standalone accounts · Radico Khaitan LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹533.72 cr in FY24-25 · net ₹33.40 cr · +27% since FY2018
Filed standalone accounts · Sula Vineyards LimitedUS$64.77m across 11 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,191.55 cr in FY24-25 · net ₹239.43 cr · +647% since FY2018
Filed standalone accounts · Tilaknagar Industries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹27,663.56 cr in FY24-25 · net · +20% since FY2022
Filed consolidated accounts · Pernod Ricard India Private Limited (matched by legal name)Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹600.08 cr in FY23-24 · net −₹643.54 cr · +14375% since FY2016
Filed standalone accounts · B9 Beverages LimitedUS$456.92m across 16 disclosed equity rounds
Darker bars = larger rounds
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹892.81 cr in FY24-25 · net ₹104.66 cr · +159% since FY2018
Filed standalone accounts · Piccadily Agro Industries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹9,050.60 cr in FY24-25 · net ₹441.40 cr · +142% since FY2018
Filed standalone accounts · Carlsberg India Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹3,527.12 cr in FY24-25 · net ₹24.97 cr · +276% since FY2018
Filed standalone accounts · Globus Spirits LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹1,195.53 cr in FY24-25 · net ₹43.88 cr · +445% since FY2018
Filed standalone accounts · Devans Modern Breweries LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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