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Malaki, a premium non-alcoholic beverage brand has raised Rs 5.7 crore ($669K) in its seed funding round led by Venture Catalysts.
Maarc Ventures and the Dadachanji Family Office also participated in this round.
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Shark Tank India-featured startup plans to use the funds to grow its presence in quick commerce, premium hospitality, and expand its Crystal Bottle product. It also plans to boost its online sales, sustainability efforts and reach in metro cities like Delhi NCR, Hyderabad, Jaipur and Bengaluru.
About Malaki
Founded in 2020 by Ashish Bhatia and Mohit Bhatia, Malaki offers tonic waters, alkaline waters, sparkling waters and ginger ales, all packed in eco-friendly glass bottles. The brand became well-known after featuring on Shark Tank India and is recognized for its patented Crystal Bottle.
Currently, Malaki products are available in over 500 premium hotels, restaurants and cafes (HORECA) and are partnered with brands like Singapore Airlines, Ritz Carlton, and Hyatt in Mumbai, Pune, and Goa.
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