Homegrown craft alcoholic beverage startup Feline Spirits raised ₹5.2 crore, led by Inflection Degree Ventures (IPV). The funds will most likely be utilised to gasoline portfolio enlargement and help the company’s entry into new geographies.
Based mostly by Prabhat Sharma (CEO) and Rohit Saxena (COO), has developed a varied portfolio all through vodka, whisky, and brandy throughout the premium and mass-premium segments.
The startup operates in 8 states and union territories and has served a purchaser base of better than 20 lakh.
“Our partnership with IPV has provided us with the becoming strategic backing to hurry up our enlargement and arrange Feline Spirits as a formidable participant out there available in the market. As we broaden our footprint all through the nation and strengthen our partnerships, we’re excited to steer a change in the best way by which clients work together with and luxuriate in craft alcohol,” Acknowledged Prabhat Sharma, CEO of Feline Spirits.
Ankur Mittal, Co-Founder, IPV, says, “India’s alcohol market has prolonged been reduce up between low-quality mass merchandise and overpriced worldwide producers. Feline Spirits bridges this gap by offering premium, handcrafted liquor that’s extreme in top quality, thoughtfully designed, and pretty priced. The feline is setting a model new customary, the place well-made, great-looking spirits are actually not an opulent, nonetheless the norm.”
India’s Spirits market is projected to achieve USD 31 billion in 2024, rising at a CAGR of 6.51% between 2024–2028. Globally, the market was valued at USD 1.4 trillion in 2022 and is predicted to develop to USD 2 trillion by 2027, highlighting immense potential on this sector.
In FY24, Feline Spirits recorded a month-to-month top-line of over 2 lakh bottles (10,303 circumstances) with earnings crossing ₹11 crore. In FY25, the company purchased over 19,751 circumstances (4.1+ lakh bottles), producing a product sales price of over ₹25 crore. It at current holds working licenses in 8 markets, along with 5 government-owned and operated ones.
(With inputs from bl intern Nethra Sailesh)
Revealed on Would possibly 8, 2025
