Awash Wine

Addis Ababa, Ethiopia Founded: 1936 • Age: 90 yrs Acquired By 8 Miles
Wines are produced and branded by Awash Wine in Ethiopia.
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About Awash Wine

Awash Wine is a company based in Addis Ababa (Ethiopia) founded in 1936 was acquired by 8 Miles in July 2013.. Awash Wine offers products and services including Awash Wine, Gouder Wine, Kemila Wine, Axumit Wine, and Gebeta Red.

  • Headquarter Addis Ababa, Ethiopia
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Awash Wine S.C
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    8 Miles

    (Jul 01, 2013)

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Products & Services of Awash Wine

Awash Wine offers a comprehensive portfolio of products and services, including Awash Wine, Gouder Wine, Kemila Wine, Axumit Wine, and Gebeta Red. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Ethiopian red wine from local vineyards for consumer enjoyment

Premium wine variant produced in Ethiopia

Ethiopian wine including rose variants

Specialty wine launched for events and sales

Red wine option from Awash Wine S.C

White wine produced in Ethiopia

Rose wine variant for direct consumption

Flavored wine-based drink for events

Vodka-infused drink from the brand

People of Awash Wine
Headcount 500-1000
Employee Profiles 6
Employee Profiles
People
Girma Belew
Corporate Affairs Director
People
Nebiyu Admassu
People And Organizational Development (pod) Manager
People
Esayas Yeyesuswork
HR Director
People
Nafkot Assefa [Fcca
Financial Accounting Manager

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Funding Insights of Awash Wine

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Awash Wine

Awash Wine has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 8 Miles. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
A private equity firm focused on African business investments.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Awash Wine

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Awash Wine

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Awash Wine Comparisons

Employees
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Competitors of Awash Wine

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Awash Wine

Frequently Asked Questions about Awash Wine

When was Awash Wine founded?

Awash Wine was founded in 1936.

Where is Awash Wine located?

Awash Wine is headquartered in Addis Ababa, Ethiopia.

What does Awash Wine do?

Awash Wine was founded in 1936 in Addis Ababa, Ethiopia, as a brand within the beverage sector. Operations center on the production and distribution of various wine products. The company maintains its online presence through the domain awashwines.com. Focus is placed on the local market in Ethiopia, where wines are supplied to consumers and retailers. Activities include sourcing grapes and bottling processes tailored to regional preferences.

What products or services does Awash Wine offer?

Awash Wine offers Awash Wine, Gouder Wine, Kemila Wine, Axumit Wine, and 5 more products and services.

Who are Awash Wine's investors?

Awash Wine has 1 investor. Key investors include 8 Miles.

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