Company lists
The India edition · 2026

Alcoholic beverage productscompanies in India

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.

304 company profiles135 with reported revenue45 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent alcoholic beverage products business events in India

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.

LaunchBeer

Medusa Beverages

Beer maker Medusa Beverages has entered South India, launching in Karnataka with plans for extensive retail reach.

Beer
LaunchGamber Valley Indian Single Malt Whisky

Alcobrew distilleries india

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…

Whisky
Funding

Nao spirits

The most recent competitors to raise funding was Nao Spirits, which secured $1.83M in Jul, 2023.

ContractSupply

Brews & Bliss LLP · client: Cmj Breweries

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…

Beverage
ContractSupply

Cmj Breweries · client: Mohan Meakins

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…

M&AAcquisition · Completed

R V Ravikumar acquires Ravi kumar distilleries

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.

Distilleries
M&AAcquisition · Announced

Allied blenders and distillers acquires Kion Blenders Industries

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…

LaunchCorona Cero

AB InBev India

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.

Non-alcohol beer
LaunchRockford Circle Season 3

Modi illva

Modi Illva today announced the launch of the highly anticipated third season of its flagship IP, Rockford Circle.

IP
ContractInfrastructure

Na · client: Allied blenders and distillers

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…

Spirits
M&AAcquisition · Completed

Asgard acquires Cmj Breweries

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.

M&AAcquisition · Completed

Asgard Alcobev acquires Cmj Breweries

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…

Contract Brewing
ContractSupply

Na · client: AB InBev India

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…

Agriculture
M&AAcquisition · Announced

Sbi mutual fund acquires United breweries

SBI Mutual Fund has risen its stake in United Breweries to over 5% by acquiring an extra 60,683 shares on February 1, 2026.

LaunchKingfisher Smooth

United breweries

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…

Strong Beer
M&AAcquisition · Completed

Tilaknagar industries acquires Imperial Blue whisky

Pernod Ricard followed suit, selling its Imperial Blue whisky business to India’s Tilaknagar Industries

IMFL manufacturer
M&AAcquisition · Announced

Banganga Paper Industries acquires Cmj Breweries

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.

M&AAcquisition · Completed

Tilaknagar industries acquires Imperial Blue whisky brand

Notable transactions this year include Tilaknagar Industries' $486 million purchase of the Imperial Blue whisky brand

Food and Beverages
LaunchHeineken Silver

United breweries

United Breweries Ltd (UBL) has announced the launch of Heineken Silver in New Delhi, with availability beginning November 25, 2025.

Premium mild lager
ContractGovernment

Sula vineyards · client: Nashik tax authority

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.

Government
M&AAcquisition · Completed

Som Distilleries & Breweries acquires Woodpecker Greenagri Nutrients Private Limited

Som Distilleries & Breweries Limited (SDBL) has announced the completion of its acquisition of Woodpecker Greenagri Nutrients Private Limited (WGNPL), marking a significant expansion of…

Nutrients
Launch1965 Spirit of Victory Espresso Coffee Premium Dark Rum

Radico khaitan

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.

Rum
M&AAcquisition

Equity Intelligence India acquires Associated Alcohols & Breweries

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…

M&AAcquisition

Radico khaitan acquires D’YAVOL Spirits B.V.

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.

Funding

Bira 91

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…

Craft beer
ContractGovernment

Carlsberg india · client: Ministry of Food Processing Industries (MoFPI), Government of India

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…

Food processing
ContractTechnology

Zaggle Prepaid Ocean Services · client: Pernod ricard india

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…

FinTech
M&AAcquisition · Rumored

Sula vineyards acquires Na

Sula Vineyards is in talks to acquire 2-3 small brands to enter whisky, scotch and vodka segments, the channel reported.

M&AAcquisition · Terminated

Allied blenders and distillers acquires Good Barrel Distillery Private Limited

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.

Wine-making
ContractInfrastructure

Ilios Breweries Pvt. Ltd. · client: United breweries

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…

Beverage

Alcoholic beverage products companies in India, by revenue

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.

Showing 25 of 50

Manufacturers of alcoholic beverages

Alcoholic beverage products
₹15,492.75 crFY 2023-24
Not reported
1,192+4% 12 mo to Aug 2024LinkedIn · Oct 2026
83 yr1943
—No postings tracked

Premium beer brand

Alcoholic beverage products
₹9,050.60 crFY 2024-25
+13%2024–2025
—Not available
20 yr2006
0none in 3 months

Manufacturer of alcoholic beverages

Alcoholic beverage products
₹8,094.02 crFY 2024-25
+5%2024–2025
1,559+6% 12 mo to Nov 2023LinkedIn · Oct 2026
40 yr1986
0none in 3 months

IMFL and Country Liquor

Alcoholic beverage products
₹3,529.04 crFY 2024-25
+12%2024–2025
401-27% 12 mo to Sep 2024recorded Sep 2024
34 yr1992
0none in 3 months

Brand of spirits

Alcoholic beverage products
₹2,972.40 crFY 2023-24
Not reported
770+10% 12 mo to Aug 2024LinkedIn · Oct 2026
93 yr1933
0none in 3 months

Liquor processing company

Alcoholic beverage products
₹2,835.23 crFY 2024-25
+15%2024–2025
472+35% 12 mo to Feb 2024LinkedIn · Oct 2026
40 yr1986
0none in 3 months

Manufacturer and marketer of alcoholic beverages

Alcoholic beverage products
₹2,551.79 crFY 2024-25
+2%2024–2025
8-2% 12 mo to Aug 2024LinkedIn · Oct 2026
45 yr1981
0none in 3 months

IMFL Brand

Alcoholic beverage products
₹2,451.48 crFY 2024-25
Not reported
11LinkedIn · Oct 2026
41 yr1985
0none in 3 months

Provider of distillery and brewery operations

Alcoholic beverage products
₹2,061.19 crFY 2021-22
Not reported
—Not available
18 yr2008
0none in 3 months · last posted Jul 2026

Brand of beers

Alcoholic beverage products
₹2,272.95 crFY 2023-24
+6%2023–2024
175recorded
28 yr1998
0none in 3 months

Multi-brand whiskey company

Alcoholic beverage products
₹1,620.35 crFY 2024-25
-1%2024–2025
314-1% 12 mo to Sep 2024recorded Sep 2024
20 yr2006
0none in 3 months

Alcoholic beverage company offering a wide range of spirits, including whisky, rum, vodka, gin, and brandy

Alcoholic beverage products
₹1,482.70 crFY 2024-25
-6%2024–2025
299+3% 12 mo to Sep 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months · last posted Nov 2025

Production of liquor

Alcoholic beverage products
₹1,101.28 crFY 2024-25
+42%2024–2025
193LinkedIn · Oct 2026
37 yr1989
1postings · last posted Aug 2026

Brand of whisky, vodka, rum, and brandy

Alcoholic beverage products
₹972.20 crFY 2024-25
+62%2024–2025
381+6% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months

Brand of gin

Alcoholic beverage products
₹844.11 crFY 2024-25
Not reported
308-8% 12 mo to Jun 2023recorded Jun 2023
32 yr1994
0none in 3 months

Provider of distilled beverages with distilleries

Alcoholic beverage products
₹809.62 crFY 2024-25
+15%2024–2025
375recorded
18 yr2008
0none in 3 months

Manufacturer & Supplier of Beverage products

Alcoholic beverage products
₹734.32 crFY 2023-24
Not reported
522LinkedIn · Oct 2026
82 yr1944
0none in 3 months

Brand of beer

Alcoholic beverage products
₹704.83 crFY 2024-25
+29%2024–2025
173LinkedIn · Jul 2026
27 yr1999
3postings · last posted Sep 2026

Brand of whiskey

Alcoholic beverage products
₹702.62 crFY 2024-25
+106%2024–2025
36+57% 12 mo to Aug 2024LinkedIn · Oct 2026
12 yr2014
0none in 3 months

Brand of craft beer

Alcoholic beverage products
₹668.25 crFY 2023-24
-21%2023–2024
852+24% 12 mo to Mar 2024LinkedIn · Oct 2026
11 yr2015
0none in 3 months

Brand of spirits

Alcoholic beverage products
₹636.35 crFY 2022-23
Not reported
219+0% 12 mo to Sep 2024LinkedIn · Oct 2026
73 yr1953
0none in 3 months

Godfather Beer

Alcoholic beverage products
₹572.68 crFY 2021-22
Not reported
239-0% 12 mo to Sep 2024LinkedIn · Oct 2026
65 yr1961
0none in 3 months · last posted Jun 2026

Vineyard that produces and sells wine, offers hospitality and wine courses

Alcoholic beverage products
₹623.31 crFY 2024-25
+1%2024–2025
1,068+2% 12 mo to Aug 2024LinkedIn · Oct 2026
27 yr1999
0none in 3 months

Brand of multi category wines

Alcoholic beverage products
₹503.78 crFY 2024-25
-9%2024–2025
6LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Manufacturer of grain alcohol and alcoholic beverages

Alcoholic beverage products
₹490.08 crFY 2024-25
Not reported
7-8% 12 mo to Jun 2023LinkedIn · Oct 2026
30 yr1996
0none in 3 months
50 of 304 companies shown here · the full list is on Radar
Fliar Radar

Explore all 304 alcoholic beverage products companies in India on Radar

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 Radar
  • Every company, not just 50All 304 alcoholic beverage products companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore alcoholic beverage products companies in India by what you are looking for

Browse 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.

9 ways to explore alcoholic beverage products in India

Whisky, rum, vodka & spirits brandsBeer & craft brewery companiesWine, mead & sparkling wine producersGin, liqueur & premium craft brandsReady-to-drink & low alcohol beveragesOnline alcohol & beverage platforms

Whisky, rum, vodka & spirits brands

Distillers and brands of whisky, rum, brandy, vodka and other spirits.

  1. Radico Khaitan

    Manufacturers of alcoholic beverages

    Alcoholic beverage products
    See in list
  2. Allied Blenders and Distillers

    Manufacturer of alcoholic beverages

    Alcoholic beverage products
    See in list
  3. Globus Spirits

    IMFL and Country Liquor

    Alcoholic beverage products
    See in list
  4. Tilaknagar Industries

    Brand of spirits

    Alcoholic beverage products
    See in list
  5. Amber Distilleries Limited

    IMFL Brand

    Alcoholic beverage products
    See in list

Beer & craft brewery companies

Breweries, brewpubs and beer brands across India.

  1. Ironhill India

    Brewpub chain offering craft beers and food through owned outlets.

    Alcoholic beverage products
    Website
  2. White Owl Brewery

    Brand of beer

    Alcoholic beverage products
    Website
  3. Gateway Brewery

    Premium beer brand

    Alcoholic beverage products
    Website
  4. Briggs Brewery

    Brand of beer

    Alcoholic beverage products
    Website
  5. Copter7

    Online platform offering a premium selection of beers

    Alcoholic beverage products
    Website

Wine, mead & sparkling wine producers

Wineries and makers of wine, mead and sparkling drinks.

  1. Sula Vineyards

    Vineyard that produces and sells wine, offers hospitality and wine courses

    Alcoholic beverage products
    See in list
  2. Chandon

    Brand of wine

    Alcoholic beverage products
    See in list
  3. Grover Zampa

    Brand of wines

    Alcoholic beverage products
    Website
  4. Rico Wines

    Manufactures and markets wines

    Alcoholic beverage products
    Website
  5. Nira Valley Grape Wines

    Manufacturer of masterbatches for various applications

    Alcoholic beverage products
    Website

Gin, liqueur & premium craft brands

Craft gin, liqueur and premium alcoholic beverage brands.

  1. Carlsberg India

    Premium beer brand

    Alcoholic beverage products
    See in list
  2. ADS Spirits

    Alcoholic beverage company offering a wide range of spirits, including whisky, rum, vodka, gin, and brandy

    Alcoholic beverage products
    See in list
  3. Mohulo

    Brand of gin

    Alcoholic beverage products
    See in list
  4. Premier Alcobev

    Brand of whiskey

    Alcoholic beverage products
    See in list
  5. Bira 91

    Brand of craft beer

    Alcoholic beverage products
    See in list

Ready-to-drink & low alcohol beverages

Ready-to-drink cocktails, seltzers and low alcohol drinks.

  1. Pursue

    Provider of hard seltzer beverages with multiple flavors

    Alcoholic beverage products
    Website
  2. Barneys

    Brand of alcoholic beverages providing a refreshing alternative to traditional drinks

    Alcoholic beverage products
    Website
  3. Chigurupati Technologies

    Research and development company offering alcohol to protect the consumer’s liver

    Food & beverage products
    Website
  4. obe Cocktails

    Brand of cocktail

    Alcoholic beverage products
    Website
  5. Salud

    Brand of ready to drink alcoholic beverage products

    Alcoholic beverage products
    Website
14 companies in India

Online alcohol & beverage platforms

Online and direct-to-consumer platforms for beer and spirits.

  1. AMAR

    Platform offering anti-hangover shots

    Alcoholic beverage products
    Website
  2. Copter7

    Online platform offering a premium selection of beers

    Alcoholic beverage products
    Website
  3. Adventurist Spirits Distillery

    Online platform offering distillery tours

    Alcoholic beverage products
    Website

Listed alcoholic beverage companies

Publicly traded alcoholic beverage companies in India.

  1. Radico Khaitan

    Manufacturers of alcoholic beverages

    Alcoholic beverage products
    See in list
  2. Allied Blenders and Distillers

    Manufacturer of alcoholic beverages

    Alcoholic beverage products
    See in list
  3. Globus Spirits

    IMFL and Country Liquor

    Alcoholic beverage products
    See in list
  4. Tilaknagar Industries

    Brand of spirits

    Alcoholic beverage products
    See in list
  5. SOM Group of Companies

    Liquor processing company

    Alcoholic beverage products
    See in list
16 companies in India

Alcoholic beverage startups in India

Newer alcoholic beverage brands founded in recent years.

  1. RockClimber

    Brand of wine

    Alcoholic beverage products
    Website
  2. Wild Drum

    Brand of multicategory alcoholic beverages

    Alcoholic beverage products
    Website
  3. Laven Vineyards

    Manufacturer of alcoholic beverages and non-alcoholic drinks

    Alcoholic beverage products
    Website
  4. Samvid Spirits

    Manufacturer of blended whisky and tripled distilled vodka spirits

    Alcoholic beverage products
    Website
  5. Nomad Oscuro

    Provider of rum made from a blend of aged rum

    Alcoholic beverage products
    Website
60 companies in India

Alcoholic beverage companies hiring in India

Alcohol and beverage companies with open roles.

  1. Snj Distillers

    Provider of distillery and brewery operations

    Alcoholic beverage products
    See in list
  2. ADS Spirits

    Alcoholic beverage company offering a wide range of spirits, including whisky, rum, vodka, gin, and brandy

    Alcoholic beverage products
    See in list
  3. Associated Alcohols & Breweries

    Production of liquor

    Alcoholic beverage products
    See in list
  4. Mount Everest Breweries

    Brand of beer

    Alcoholic beverage products
    See in list
  5. Devans Modern Breweries

    Godfather Beer

    Alcoholic beverage products
    See in list
17 companies in India
The business behind the activity

Alcoholic beverage products financials in India

Revenue, 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.

combined revenue, FY24-25₹79,377.28 cr

124 companies filing accounts

combined net profit₹2,439.42 cr

3.1% aggregate margin

are profitable62%

77 of 124 companies

median revenue~₹48.4 cr

the typical company

median revenue growth+8%

into FY24-25

earned by the top five59%

revenue concentration

Six-year view

Combined revenue of filing companies

₹64,320.41 crFY19-20106 filers
₹63,070.76 crFY20-21114 filers
₹74,801.43 crFY21-22128 filers
₹89,605.53 crFY22-23136 filers
₹74,552.95 crFY23-24132 filers
₹79,377.28 crFY24-25124 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 116 companies over three years

+30%
FY22-23₹60,910.47 cr₹1,410.37 cr net
FY23-24₹71,581.90 cr₹1,858.15 cr net
FY24-25₹79,324.57 cr₹2,443.99 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr229% profitable
₹1–10 cr1942% profitable
₹10–100 cr3571% profitable
₹100–1,000 cr3583% profitable
Over ₹1,000 cr13100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking43
0–20%40
20–50%18
50–100%7
Doubled+13

121 companies with accounts for both years; median growth +8%.

Profitability

Profit is concentrated at the top

77profitable
47loss-making
3.1%aggregate margin
0.9%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
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
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Adventurist Spirits DistilleryADVENTURIST SPIRITS DISTILLERY PRIVATE LIMITED66.4%
DesmondJiAGAVE INDUSTRIES (INDIA) PRIVATE LIMITED₹11.84 cr
The Catalysts GroupCATALYSTS BIO-TECHNOLOGIES PRIVATE LIMITED
SNJ GroupSNJ BREWERIES PRIVATE LIMITED
Snj DistillersSNJ DISTILLERS PRIVATE LIMITED11.9%₹1,254.68 cr
Simba BeerSONA BEVERAGES PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Alcoholic beverage products124₹79,377.28 cr~₹48.4 cr62%3.1%
Leaders

Largest alcoholic beverage products companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Radico KhaitanRADICO KHAITAN LIMITED₹17,103.39 cr₹345.19 cr2.0%+10%
John DistilleriesJOHN DISTILLERIES PRIVATE LIMITED₹1.80 cr+20%
Carlsberg IndiaCARLSBERG INDIA PRIVATE LIMITED₹9,050.60 cr₹441.40 cr4.9%+13%
Allied Blenders and DistillersAllied Blenders And Distillers Limited₹8,094.40 cr₹200.13 cr2.5%+5%
Globus SpiritsGLOBUS SPIRITS LIMITED₹3,527.12 cr₹24.97 cr0.7%+12%
Tilaknagar IndustriesTILAKNAGAR INDUSTRIES LIMITED₹3,191.55 cr₹239.43 cr7.5%+7%
G.M.BreweriesG M BREWERIES LIMITED₹2,551.79 cr₹129.04 cr5.1%+2%
Amber Distilleries LimitedEUREKA FORBES LIMITED₹2,450.16 cr₹163.29 cr6.7%+11%
Amrut DistilleriesAMRUT DISTILLERIES PRIVATE LIMITED
AlcobrewALCOBREW DISTILLERIES INDIA LIMITED₹1,620.35 cr₹69.45 cr4.3%-1%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

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.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the alcoholic beverage products landscape of India
For investors and data teams

Put this intelligence into your own tools

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.

Capital & corporate activity

Alcoholic beverage products funding and M&A across India

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.

equity rounds, last 12 months4

US$1.19m

equity rounds, last 24 months12

US$14.17m

raised over five yearsUS$411.89m

99 rounds in India

M&A deals, India43

last 24 months

Capital by year

Equity funding into alcoholic beverage products in India

amount rounds
$94m201814
$47m201915
$35m202013
$128m202124
$201m202225
$27m202324
$47m202416
$8.3m20257
$1.2m20263

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.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$22.44m20 rounds · median US$102k
SeedUS$31.02m58 rounds · median US$343k
Series AUS$34.12m11 rounds · median US$1.67m
Series BUS$10.87m3 rounds · median US$4.12m
Series D+US$313.45m7 rounds · median US$36.15m
Where the money went · five years

Most-funded sub-sectors

Alcoholic beverage productsUS$411.89m99 rounds · 42 companies
Corporate activity · last 24 months

M&A in India

43Acquisition

Most active acquirers

  1. Tilaknagar industries19
  2. Allied blenders and distillers7
  3. Radico khaitan2
  4. R V Ravikumar1
  5. Asgard1

Most acquired or merged

  1. Imperial Blue4
  2. Cmj Breweries3
  3. Tilaknagar industries3
  4. Imperial Blue whisky2
  5. Pernod ricard india2

Each deal appears in the events strip at the top of the page.

Alcoholic beverage products funding in India

45 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.

Founders and momentum in India

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.

Keep exploring alcoholic beverage products in India and nearby markets.

Coming soon