A microbreweries-focused fund, valued at Rs 200 crore, has been initiated by investment firm Optimistic Capital. Investors have the opportunity to capitalize on the expanding microbrewery sector in India by investing in the fund, which concentrates on key markets such as Bengaluru, Hyderabad, and Pune.
The fund is designed to profit from the expansion of the craft beer market and the profitability of microbreweries, according to a press release from Optimistic Capital.
The fund is supported by Edwin Daniel, Varun Krishnan, Jeff Jose, and Karthik Chandrasekaran. Optimistic Capital is an alternative investment fund that employs an owner-operator strategy. It actively engages in the management and development of its portfolio companies while investing capital. The organization is committed to the development of sustainable, market-leading identities in order to generate long-term value.
According to Optimistic Capital, microbreweries are unlike restaurants, bars, taverns, and lounges in that they provide an inclusive atmosphere that is accessible to individuals of all ages and socioeconomic backgrounds.
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The microbrewery model’s sustainability is guaranteed by the extensive space requirements for beer production and the ability to periodically adjust the cuisine and craft beers to accommodate guests’ evolving preferences. This is in contrast to other conventional F&B formats.
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