What is Coolberg?
Coolberg operates as a leading non-alcoholic beer brand, specializing in malt-based brews that contain 0.00% ABV. The company has carved out a distinct niche by offering a variety of refreshing flavors such as Cranberry, Ginger, and Peach, effectively targeting consumers who seek the social experience of beer without the presence of alcohol. By positioning itself as an inclusive beverage choice for all ages, Coolberg has successfully cultivated a loyal customer base and established a strong foothold in the Indian market. Its business model focuses on flavor innovation and accessibility, making it a preferred option for social gatherings and celebrations across the region.
How much funding has Coolberg raised?
Coolberg has raised a total of $3.5M across 1 funding round:
Series A
$3.5M
Series A (2019): $3.5M with participation from Suashish Diamonds, Indian Angel Network, RB Investments, and India Quotient
Key Investors in Coolberg
Indian Angel Network
Indian Angel Network is a network of Angel investors keen to invest in early stage businesses which have potential to create disproportionate value.
RB Investments
RB Investments is a Singapore Bases Venture Capital firm, that invests in people with visionary ideas and assists portfolio companies in developing and executing strategic growth.
India Quotient
IndiaQuotient is an early-stage investment firm that supports disruptive startups targeting Indian consumers, with a primary focus on sectors like consumer brands.
What's next for Coolberg?
With the recent capital injection, Coolberg is poised to enter a new phase of operational scaling and brand development. The company is expected to utilize these resources to enhance its distribution networks, optimize supply chain efficiencies, and potentially introduce new product lines to its existing portfolio. As the demand for non-alcoholic alternatives continues to rise, Coolberg's strategic focus will likely remain on maintaining its competitive edge through product quality and market expansion. The ongoing support from its investor base provides the necessary foundation for the brand to solidify its leadership position and drive long-term value in the beverage industry.
See full Coolberg company page
