What is Coolberg?
Coolberg is a leading non-alcoholic beer brand originating from India, specializing in malt-based brews with a 0.00% ABV. The company offers a diverse portfolio of refreshing flavors, including Cranberry, Ginger, and Peach, positioning itself as an ideal beverage for social occasions and celebrations. Coolberg targets consumers seeking the taste and experience of beer without alcohol, aiming to become the preferred choice for inclusive social gatherings. Its focus on flavor innovation and broad consumer appeal has cultivated a dedicated customer base.
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 India Quotient, RB Investments, Indian Angel Network, and Suashish Diamonds
Key Investors in Coolberg
India Quotient
India Quotient is an early-stage investment firm that supports disruptive startups targeting Indian consumers. The firm aims to create a robust network of startup enthusiasts and invests at various stages, even at the concept level. Its primary focus includes sectors like SaaS, B2B marketplaces, fintech, and consumer brands.
RB Investments
RB Investments is a Singapore-based Venture Capital firm that invests in people with visionary ideas. They provide value in critical areas, assisting portfolio companies in strategic growth, board and executive management, capitalization structures, mergers and acquisitions, and market presence enhancement.
Indian Angel Network
Indian Angel Network is a network of Angel investors keen to invest in early-stage businesses with potential for disproportionate value creation. Members provide high-quality mentoring, vast networks, and strategic and execution inputs.
What's next for Coolberg?
The substantial enterprise-level funding Coolberg has attracted suggests a strategic phase focused on scaling operations, expanding market reach both domestically and internationally, and potentially diversifying its product line. With significant capital backing, the company is well-positioned to enhance its manufacturing capabilities, bolster its marketing and distribution networks, and further innovate within the burgeoning non-alcoholic beverage sector. This investment is indicative of a company poised for significant expansion and market leadership.
See full Coolberg company page
