About Aspri Spirits
Aspri Spirits is a Consumer company based in Mumbai (India) founded in 2004 by Jackie Matai. It operates as a brand of wines and spirits. Aspri Spirits has raised $473.88 thousand across 2 funding rounds from investors including Emerald Electronics and Whiteline Impex. The company has 19 employees. Aspri Spirits was last valued at $3.12 million in March 2012. Its Indian entity Aspri Spirits Limited reported revenue of ₹384 Cr. Aspri Spirits offers products and services including Wines, Spirits, and Beers. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Multi-category and Consumer Goods. Its competitors include Diageo, John Distilleries, SOM Group of Companies, Diageo India and DesmondJi and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Aspri Spirits was established in 2004 in Mumbai, India, as a private network focused on the alcohol and beverage sector. Operations encompass the import, sales, marketing, and distribution of international wines and spirits. The company serves as a key player in the region, handling premium brands across the Indian Sub-Continent. Leadership includes co-founder Jackie Matai, with activities centered on efficient supply chain management for the industry.
- Headquarters Mumbai, India
- Employees 19
- Founders Jackie Matai
- Stage Minicorn
- SectorsConsumer
- Website asprispirits.com
- Social LinkedIn
- Legal Name Aspri Spirits Private Limited
- Date of Incorporation 30 Aug, 2004
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹384 Cr
FY 2025 · +7% YoY
- Net Profit₹11.23 Cr
FY 2025 · 3% margin
- EBITDA₹24.35 Cr
FY 2025 · 6% margin
- Total Equity Funding$473.88K (USD)
in 2 rounds
- Latest Funding Round$144.8K (USD), Seed
Mar 2012
- Employee Count19
Associated legal entities of Aspri Spirits
Aspri Spirits is associated with 2 registered companies on The Company Check; the primary company is Aspri Spirits Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aspri Spirits Limited CIN U15500MH2004PLC148284 | Active | 30 Aug 2004 | Mumbai, Maharashtra | ₹384 Cr | 19 | 7 | View details |
| Aspri Spirits Private Limited CIN U15500MH2004PTC148284 | – | 30 Aug 2004 | Mumbai, Maharashtra, India | – | – | – | View details |
Products & Services of Aspri Spirits
Aspri Spirits offers a comprehensive portfolio of products and services, including Wines, Spirits, and Beers.
Imported wine brands for distribution in South Asia markets
Variety of spirits brands incubated and supplied
Beer brands developed for regional distribution
Funding Insights of Aspri Spirits
Aspri Spirits has successfully raised a total of $473.88K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $144.8 thousand completed in March 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $473,884
- Total Rounds 2
- Last Round Seed — $144,798
- First Round $329,086
(Mar 2011)
- Investors Count 2
All 2 funding rounds of Aspri Spirits with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2012 | $144,798 | Seed | $3.12M | Emerald Electronics | – |
| Mar 2011 | $329,086 | Seed | $3.38M | Whiteline Impex, Emerald Electronics | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2012 | $3.12M | •••••••• |
| Mar 2011 | $3.38M | •••••••• |
Last known valuation $3.12M (Mar 2012). 2 investors in total: 2 institutional.
Investors in Aspri Spirits
Aspri Spirits has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Emerald Electronics and Whiteline Impex.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | emeraldelectronics.tcc.mode | - | |
- | – | whitelineimpex.tcc.mode | - |
Investor details for Aspri Spirits
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Board of directors of Aspri Spirits Limited (Aspri Spirits)
Aspri Spirits Limited is the primary company behind Aspri Spirits. The board of Aspri Spirits Limited currently have 6 directors; the longest-serving is Gautam Nandkishore Matai, appointed in 2011. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gautam Nandkishore Matai DIN 01784232 | Managing Director | 24 Mar 2011 | 15 yrs 6 mo | Aspri Spirits Limited |
| Jaikishan Sham Matai DIN 01653138 | Whole-time director | 23 Sep 2025 | 1 yr | Aspri Spirits Limited |
| Arunkumar Venkat Bangalore DIN 05201829 | Whole-time director | 23 Sep 2025 | 1 yr | Aspri Spirits Limited |
| Ramona Haresh Jogeshwar DIN 10100012 | Director | 05 Dec 2025 | 10 mo | Aspri Spirits Limited |
| Guntha Kumar Kalyan DIN 02980330 | Director | 05 Dec 2025 | 10 mo | Aspri Spirits Limited |
| Vinod Arjun Bhagat DIN 11400240 | Director | 05 Dec 2025 | 10 mo | Aspri Spirits Limited |
People of Aspri Spirits
1 people are tracked at Aspri Spirits (1 in leadership); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
Jackie Matai | Co-Founder | Leadership |
Complete people profiles for Aspri Spirits
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Financials of Aspri Spirits
Figures of Aspri Spirits Limited, the primary company behind Aspri Spirits, for FY 2025. Revenue was ₹384 Cr (+7% year on year). Net profit was ₹11.23 Cr (3% margin). EBITDA was ₹24.35 Cr (6% margin). Revenue has grown at a compounded annual rate of +26% over three years.
- ₹384 CrRevenue · FY 2025 · +7% YoY
- ₹11.23 CrNet profit · 3% margin
- ₹24.35 CrEBITDA · 6% margin
- ₹13.09 CrPaid-up capital
- 19Employees (provident fund records)
- +26%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Aspri Spirits Limited are on its company page.
Detailed financial statements for Aspri Spirits
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Timeline of Aspri Spirits
4 dated milestones of Aspri Spirits across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Aspri Spirits is founded.
- Funding First funding round of $329K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $145K.
Competitors of Aspri Spirits
Aspri Spirits has 9 listed competitors in our database, 3 of them funded. They include Diageo, John Distilleries, SOM Group of Companies, Diageo India and DesmondJi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| diageo.com | 1886 | London, United Kingdom | – | 1,966 | Multi-category alcoholic beverage company | |
| jdl.in | 1996 | Bengaluru, India | $15.47M | 721 | Brand of whiskey, rum, brandy, and wines | |
| somindia.com | 1986 | Bhopal, India | – | 73 | Liquor is processed and managed by SOM Group of Companies. | |
| diageoindia.com | 1826 | Bengaluru, India | – | 51 | Multi-category alcoholic beverages are produced and distributed by Diageo India. | |
| desmondji.com | 2007 | Panaji, India | $3.28M | 24 | Multi-category craft alcoholic beverages are produced and offered by DesmondJi. | |
| pernod-ricard-india.com | 1993 | Gurugram, India | – | 1,603 | Operates as a multi-category company in the alcoholic beverages industry. | |
| monikaalcobev.com | 2021 | Mumbai, India | $3.31M | 204 | Brand of wines and spirits | |
| empeegroup.co.in | 1970 | Chennai, India | – | – | Offers expertise in hotel management, beverages, sugar production, packaging, and exports across multiple sectors. | |
| associatedalcohols.com | 1989 | Kolkata, India | – | – | Liquor products including IMFL, IMIL, and beer are manufactured. |
Detailed competitors of Aspri Spirits
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Top companies in Alcoholic & Tobacco Products
10 companies that operate in the same segment as Aspri Spirits (Alcoholic & Tobacco Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | – | – | |
Wines, spirits, and champagnes are produced and distributed worldwide. | 1975 | Paris, France | – | USD 10.71 B | 19,560 | |
Flavored craft beers are produced and distributed by Bira 91. | 2015 | Delhi, Delhi, India | USD 456.92 M | USD 105.75 M | 1,020 | |
Brand of beer | 2017 | Milford, United States | USD 251.44 M | – | – | |
Beer and cider brands are produced and marketed worldwide. | 1864 | Amsterdam, Netherlands | – | USD 26.58 B | 86,000 | |
Multi-category alcoholic beverage company | 1886 | London, England, United Kingdom | – | USD 19.36 B | 29,630 | |
Beer production, marketing, and sales are managed globally. | 2008 | Brussels, Brussels-capital Region, Belgium | – | USD 103.65 M | 2,054 | |
Brand of multi-category alcoholic spirits | 2017 | Delhi, Delhi, India | USD 9.83 M | USD 3.99 M | 54 | |
Premium beers, ciders, and non-alcoholic drinks are produced and distributed. | 1847 | Copenhagen, Denmark | USD 765.14 M | USD 14.02 B | 32,100 | |
Beer brands are produced and distributed by Ambev in Brazil. | 1999 | Sao Paulo, Brazil | – | USD 16.11 B | 43,000 |
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Related news about Aspri Spirits
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Frequently Asked Questions about Aspri Spirits
Aspri Spirits was founded in 2004 and raised its 1st funding round 7 years after it was founded.
Aspri Spirits is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Aspri Spirits is a funded company, having raised a total of $473.88K across 2 funding rounds to date. The company's 1st funding round was a Seed of $329.09K, raised on Mar 2011.
Aspri Spirits has 19 employees.
The primary company behind Aspri Spirits, Aspri Spirits Limited, reported revenue of ₹384 Cr for FY 2025, up 7% year on year.
Aspri Spirits was established in 2004 in Mumbai, India, as a private network focused on the alcohol and beverage sector. Operations encompass the import, sales, marketing, and distribution of international wines and spirits. The company serves as a key player in the region, handling premium brands across the Indian Sub-Continent. Leadership includes co-founder Jackie Matai, with activities centered on efficient supply chain management for the industry.
Aspri Spirits's top competitors include Diageo, John Distilleries and Diageo India.
Aspri Spirits offers Wines, Spirits, and Beers.
Aspri Spirits has 2 investors. Key investors include Emerald Electronics, and Whiteline Impex.
The valuation of Aspri Spirits is $3.12M as of Mar 2012.
Aspri Spirits operates through Aspri Spirits Limited.
The legal entities of Aspri Spirits currently have 7 directors, including Jaikishan Sham Matai, Arunkumar Venkat Bangalore, Ramona Haresh Jogeshwar and others.