About Medusa Beverages
Medusa Beverages is a company based in Delhi (India) founded in 2017 by Avneet Singh. Medusa Beverages has raised $9 million across 3 funding rounds from investors including Amal N Parikh, Ashwin Kedia and Ramesh Damani. The company has 1 employees as of March 25, 2024. Medusa Beverages offers products and services including Premium Strong Beer, Air Mild Beer, Premium Water, and Merchandise. Medusa Beverages operates in a competitive market with competitors including United Breweries, Geist, Latambarcem Brewers, Toit and Simba Beer, among others.
- Headquarter Delhi, India
- Employees 1 as on 25 Mar, 2024
- Founders Avneet Singh
- Stage Minicorn
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Medusa Beverages Private Limited
- Date of Incorporation 18 Apr, 2017
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$7.6 M (USD)67.04as on Mar 31, 2023
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Net Profit
$4.83 K (USD)104.4as on Mar 31, 2023
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EBITDA
$1.27 K (USD)101.15as on Mar 31, 2023
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Total Equity Funding
$9 M (USD)
in 3 rounds
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Latest Funding Round
$6.48 M (USD), Series A
Jan 24, 2025
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Investors
Crest Opportunities
& 18 more
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Employee Count
1
as on Mar 25, 2024
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Products & Services of Medusa Beverages
Medusa Beverages offers a comprehensive portfolio of products and services, including Premium Strong Beer, Air Mild Beer, Premium Water, and Merchandise.
Crisp strong lager beer designed for consumer enjoyment.
Smooth mild lager beer offering a light taste experience.
High-quality water complementing their beverage lineup.
Items like apparel for fans of the brand.
Funding Insights of Medusa Beverages
Medusa Beverages has successfully raised a total of $9M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.48 million completed in January 2025. 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.
Investors in Medusa Beverages
Medusa Beverages has secured backing from 19 investors, including angel and institutional investors. Prominent investors backing the company include Amal N Parikh, Ashwin Kedia and Ramesh Damani.
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Amal N Parikh |
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Ashwin Kedia |
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Investor details for Medusa Beverages
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Investments & Acquisitions by Medusa Beverages
Investment portfolio details for Medusa Beverages
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- Transaction dates
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Financial Statements - Medusa Beverages
Detailed financials for Medusa Beverages
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Medusa Beverages Comparisons
Peer comparison for Medusa Beverages
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Competitors of Medusa Beverages
Medusa Beverages operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as United Breweries, Geist, Latambarcem Brewers, Toit and Simba Beer, among others.
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Processed beverages are manufactured and marketed globally by United Breweries.
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Craft beer is manufactured, distributed, and retailed by Geist.
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Craft beers and functional beverages are produced artisanally.
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Beers are branded and offered by Toit in India.
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Detailed competitors of Medusa Beverages
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Latest news on Medusa Beverages
Complete news archive for Medusa Beverages
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Frequently Asked Questions about Medusa Beverages
Medusa Beverages was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Medusa Beverages is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Avneet Singh is the current CEO of Medusa Beverages. They have also founded this company.
Medusa Beverages is a funded company, having raised a total of $9M across 3 funding rounds to date.
As of Mar 25, 2024, the latest employee count at Medusa Beverages is 1.
Annual revenue of Medusa Beverages is $7.6M as on Mar 31, 2023.
Medusa Beverages was founded in 2017 in Delhi, India, within the alcoholic beverages sector. Operations focus on manufacturing premium beers, including strong and mild varieties such as Medusa Premium Strong Beer and Medusa Air, alongside premium water. Emphasis is placed on quality ingredients and contemporary packaging. The company is led by founder and CEO Avneet Singh.
Medusa Beverages's top competitors include United Breweries, Latambarcem Brewers and Simba Beer.
Medusa Beverages offers Premium Strong Beer, Air Mild Beer, Premium Water, and Merchandise.
Medusa Beverages has 19 investors. Key investors include Amal N Parikh, Ashwin Kedia, Ramesh Damani, Nikhil Garg, and Crest Opportunities.
The valuation of Medusa Beverages is $17.15M as of Mar 2024.