About Boutique Spirit Brands
Boutique Spirit Brands was a Consumer company based in Delhi (India) founded in 2016 by Rahul Gagerna, Umesh Natraj, Shanu Kumar, and Ram Prakash Tharda. It produces high-quality, multi-category premium alcoholic spirits. It operates on a B2B model. Boutique Spirit Brands has raised $22.3 million across 6 funding rounds from investors including India Infoline, 360 One and LetsVenture. The company has 99 employees. Boutique Spirit Brands was last valued at $36.7 million in May 2021. Its Indian entity Boutique Spirit Brands Private Limited reported revenue of ₹80.21 Cr. The company is recorded as dissolved. Its focus areas include Consumer Goods, Beverages, Alcoholic Beverages and Premium Spirits. Its competitors include CBDPL, Cazulo Premium Feni and Sainov Spirits.
Company details
Boutique Spirit Brands, based in Delhi, focuses on producing consumer products, producing beverages, alcoholic beverages, and premium spirits. Produces high-quality, multi-category premium alcoholic spirits. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- Employees 99
- Founders Rahul Gagerna, Umesh Natraj, Shanu Kumar, Ram Prakash Tharda
- Stage Minicorn
- SectorsConsumer
- Website boutiquespiritbrands.com
- Legal Name Boutique Spirit Brands Private Limited
- Date of Incorporation 21 Jul, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹80.21 Cr
FY 2022 · +12% YoY
- Net Loss-₹18.02 Cr
FY 2022 · -22% margin
- EBITDA-₹12.92 Cr
FY 2022 · -16% margin
- Total Equity Funding$22.3M (USD)
in 6 rounds
- InvestorsIndia Infoline
& 14 more
- Employee Count99
Associated legal entities of Boutique Spirit Brands
Boutique Spirit Brands operates through Boutique Spirit Brands Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Boutique Spirit Brands Private Limited CIN U15100DL2016PTC303358 | Active | 21 Jul 2016 | New Delhi, Delhi | ₹80.2 Cr | 99 | 3 | View details |
Funding Insights of Boutique Spirit Brands
Boutique Spirit Brands has successfully raised a total of $22.3M across 6 strategic funding rounds. 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 $22.3M
- Total Rounds 6
- First Round $994,325
(Jul 2018)
- Investors Count 15
All 6 funding rounds of Boutique Spirit Brands 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 |
|---|---|---|---|---|---|
| Sep 2021 | Debt – Conventional | – | – | ||
| May 2021 | $10.79M | Series A | $36.7M | India Infoline, TradeCred | |
| Oct 2019 | $1.57M | Series A | – | – | |
| Jan 2019 | $8.1M | Seed | $39.99M | 360 One, IIFL Asset Management | |
| Oct 2018 | $844,975 | Seed | $••••• | Kae Capital | |
| Jul 2018 | $994,325 | Seed | – | Kae Capital |
| Date | Valuation | Stage |
|---|---|---|
| May 2021 | $36.7M | •••••••• |
| Jan 2019 | $39.99M | •••••••• |
| Oct 2018 | $••••• | •••••••• |
Full valuation and stage history of Boutique Spirit Brands
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $36.7M (May 2021). 15 investors in total: 10 institutional and 5 angel.
Investors in Boutique Spirit Brands
Boutique Spirit Brands has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include India Infoline, 360 One and LetsVenture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investing in tech startups in India. | 2011 | kae-capital.com | Mumbai, India | |
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
Family wealth and investments are managed for Vikramaditya Mohan Thapar. | Kolkata, India | |||
Early-stage companies are targeted for series-stage venture capital investments. | ||||
Trading in stocks, mutual funds, and commodities is facilitated. | 1995 | indiainfoline.com | Mumbai, India | |
Invoice financing is provided to businesses via a digital platform. | 2018 | tradecred.com | Mumbai, India | |
Asset and wealth management software is provided for businesses. | 2008 | 360.one | Mumbai, India | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Financial advisory and insurance services are provided by Shimshon Finance. | Mumbai, India | |||
| iiflamc.com |
Investor details for Boutique Spirit Brands
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Board of directors of Boutique Spirit Brands Private Limited (Boutique Spirit Brands)
Boutique Spirit Brands Private Limited is the primary company behind Boutique Spirit Brands. The board of Boutique Spirit Brands Private Limited currently have 3 directors; the longest-serving is Rahul Gagerna, appointed in 2017. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Gagerna DIN 03604028 | Managing Director | 01 Jun 2017 | 9 yrs 5 mo | Boutique Spirit Brands Private Limited |
| Sandeep Kumar Kaura DIN 08119993 | Director | 26 Sep 2022 | 4 yrs 1 mo | Boutique Spirit Brands Private Limited |
| Raghavendra Narayan Rao DIN 08283392 | Nominee Director | 04 Feb 2025 | 1 yr 9 mo | Boutique Spirit Brands Private Limited |
People of Boutique Spirit Brands
4 people are tracked at Boutique Spirit Brands (4 in leadership); the tracked headcount is 99.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Umesh Natraj | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Boutique Spirit Brands
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Financials of Boutique Spirit Brands
Figures of Boutique Spirit Brands Private Limited, the primary company behind Boutique Spirit Brands, for FY 2022. Revenue was ₹80.21 Cr (+12% year on year). Net loss was -₹18.02 Cr (-22% margin). EBITDA was -₹12.92 Cr (-16% margin). Revenue has grown at a compounded annual rate of +125% over three years.
- ₹80.21 CrRevenue · FY 2022 · +12% YoY
- -₹18.02 CrNet loss · -22% margin
- -₹12.92 CrEBITDA · -16% margin
- ₹13.4 LakhPaid-up capital
- 99Employees (provident fund records)
- +125%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Boutique Spirit Brands Private Limited are on its company page.
Detailed financial statements for Boutique Spirit Brands
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Boutique Spirit Brands
4 dated milestones of Boutique Spirit Brands across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Boutique Spirit Brands is founded.
- Funding First funding round of $994K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional,.
Competitors of Boutique Spirit Brands
Boutique Spirit Brands has 3 listed competitors in our database. They include CBDPL, Cazulo Premium Feni and Sainov Spirits.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| celebrationblenders.com | 2020 | Kolkata, India | Manufactures premium brandy, rum, whiskey and distributes packaged drinking water. | |||
| cazulofeni.com | 2012 | Salcete, India | Bottles premium cashew and coconut Feni spirits in Goa, emphasizing quality heritage. | |||
| sainov.com | 2008 | Delhi, India | A manufacturer of Indian Made Foreign Liquor (IMFL) products. |
Detailed competitors of Boutique Spirit Brands
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Top companies in Alcoholic & Tobacco Products
3 companies that operate in the same segment as Boutique Spirit Brands (Alcoholic & Tobacco Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 multi-category alcoholic spirits | 2017 | Delhi, Delhi, India | USD 9.83 M | USD 3.99 M | 54 | |
Brand of beer and spirits | 2017 | Gurugram, Haryana, India | USD 8.89 M | USD 2.66 M | 33 |
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Frequently Asked Questions about Boutique Spirit Brands
Boutique Spirit Brands was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Boutique Spirit Brands is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Boutique Spirit Brands is a funded company, having raised a total of $22.3M across 6 funding rounds to date. The company's 1st funding round was a Seed of $994.33K, raised on Jul 2018.
Boutique Spirit Brands has 99 employees.
The primary company behind Boutique Spirit Brands, Boutique Spirit Brands Private Limited, reported revenue of ₹80.21 Cr for FY 2022, up 12% year on year.
Boutique Spirit Brands, based in Delhi, focuses on producing consumer products, producing beverages, alcoholic beverages, and premium spirits. Produces high-quality, multi-category premium alcoholic spirits. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Boutique Spirit Brands's top competitors include CBDPL, Cazulo Premium Feni and Sainov Spirits.
Boutique Spirit Brands has 15 investors. Key investors include India Infoline, 360 One, LetsVenture, Kae Capital, and Anicut Capital.
The valuation of Boutique Spirit Brands is $36.7M as of May 2021.
Boutique Spirit Brands operates through Boutique Spirit Brands Private Limited.
The legal entities of Boutique Spirit Brands currently have 3 directors, including Rahul Gagerna, Sandeep Kumar Kaura, Raghavendra Narayan Rao.