Home Insight FUNDING NEWS- Newly Funded Startups 2024 Alco-Bev Startup Woodsmen Mountain Whiskey Secures Funding From Anthill, Others

[Funding alert] Alco-Bev Startup Woodsmen Mountain Whiskey Secures Funding From Anthill, Others

[Funding alert] Alco-Bev Startup Woodsmen Mountain Whiskey Secures Funding From Anthill, Others
[Funding alert] Alco-Bev Startup Woodsmen Mountain Whiskey Secures Funding From Anthill, Others
In its Series A round, which was led by FinFirst Group and Anthill Ventures, alco-bev business Woodsmen Mountain Whiskey secured $1.5 million (INR 12.5 crore).
Shivam Ginglani, Founder & CEO – Woodsmen Mountain Whiskey

In its Series A round, which was led by FinFirst Group and Anthill Ventures, alco-bev business Woodsmen Mountain Whiskey secured $1.5 million (INR 12.5 crore).

Other investors included former Sula Vineyards COO Chaitanya Rathi, managing partner of Sixth Sense Ventures Nikhil Vora, co-founder of V3 Ventures Arjun Vaidya, founder of Vahdam Teas Bala Sarda, former Diageo MD Pradeep Gidwani, and co-founder of Bombay Shaving Co. Shantanu Deshpande also participated in the funding round.

Read also – VC Firm Alteria Capital Announces Its Third Venture Debt Fund

Additionally, some executives of Woodsmen Mountain Whiskey and Country Delight cofounders Nitin Kaushal and Chakradhar Gade contributed to the Series A round as existing investors.

With the additional funding, the firm plans to grow its staff, launch fresh products like a single malt line, broaden its market, and increase marketing expenditures, as reported by Inc42.

The firm that owns Woodsmen Mountain Whiskey is Ginglani Distillers, which was established by Shivam Ginglani.

About Woodsmen Mountain Whiskey

A whisky start-up called Ginglani Distillers is responsible for kindling the seeds of India’s handmade whisky revolution. They are on a mission to make “Himalayan Whisky” the face of India in the international whisky market, led by its young founder Shivam Ginglani and a group of fearless, enthusiastic people.

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