Home Insight FUNDING NEWS- Newly Funded Startups 2024 LB Brewers Secures $1.5 Mn Pre-Series A Funding Round

[Funding News] LB Brewers Secures $1.5 Mn Pre-Series A Funding Round

The beverage startup Latambarcem Brewers (LB Brewers) has secured $1.5 million (Rs 12.5 crore) in a pre-Series A round co-led by SPV, Dhruv Agarwala, Sheba Venture Holdings, and others.

LB Brewers stated that the additional funds will enhance its development and bolster its status as a leader in the natural functional beverage industry.

LB Brewers implements a comprehensive approach that encompasses brand development, manufacturing, supply chain management, and product development. The platform provides two primary brands: Maka Di, which offers a selection of distinctive craft ales, and Borecha, a functional beverage brand that specializes in health-conscious beverages. Their probiotic kombucha is the marquee product.

Read also – Rapido Becomes Unicorn, Raises $120 Mn Funding From WestBridge

Additionally, LB Brewers provides a variety of products, including Belgian Triple, Super Maka, and Bavarian Keller. The startup asserts that its health-focused beverage has achieved substantial popularity as a result of its partnership with Akasa Air and Air India Express, which has resulted in it being the first kombucha and effervescent iced tea to be served on an Indian airline.

Latambarcem Brewers has announced that it has broadened its market presence to include the United States, Canada, the United Arab Emirates, and other global markets. Additionally, the company intends to enter 11 European countries this year.

About LB Brewers

Founded in 2017 by Aditya Ishan Varshnei and Anish Varshnei, Latambarcem Brewers is a greenfield craft brewery based out of Goa, India. Our company is born in Goa and has adopted the name of its birthplace, in true Indian tradition.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.

Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.

Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.

Team VS

Exit mobile version