About Rahasya
Rahasya is a Consumer company based in Bengaluru (India) founded in 2019 by Varna Bhat. Vodka is branded and distributed under Rahasya in India. Rahasya has raised $979.81 thousand across 2 funding rounds from investors including Indecapital RE LLP, Thirumal Govindraj and Sham Kishor Bhat. Rahasya was last valued at $5.97 million in June 2022. Its chief executive, as recorded, is Varna Bhat. Its Indian entity Blisswater Industries Private Limited reported revenue of ₹6.48 Cr. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Spirits and Vodka. Its competitors include Allied Blenders and Distillers, Nao Spirits and John Distilleries; 1 of its 3 listed competitors has raised funding.
Company details
Rahasya was founded in 2019 in Bengaluru, India, as a brand within the alcoholic beverages sector. Operations focus on vodka production and marketing, with distribution centered in the Indian market. The company is led by founder and CEO Varna Bhat. Its online presence is maintained through the domain rahasya.vodka, supporting brand outreach in the region.
- Headquarters Bengaluru, India
- Founders Varna Bhat
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Website rahasya.vodka
- Social LinkedIn X Facebook
- Legal Name Blisswater Industries Private Limited
- Date of Incorporation 26 Oct, 2018
- Jurisdiction Goa, India
- Annual Revenue₹6.48 Cr
FY 2024 · +19% YoY
- Net Profit₹91,696
FY 2024 · 0% margin
- EBITDA₹29.8 Lakh
FY 2024 · 5% margin
- Total Equity Funding$979.81K (USD)
in 2 rounds
- Latest Funding Round$644.45K (USD), Seed
Jun 2022
- InvestorsIndecapital RE LLP
& 5 more
Associated legal entities of Rahasya
Rahasya operates through Blisswater Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Blisswater Industries Private Limited CIN U15500GA2018PTC013751 | Active | 26 Oct 2018 | ₹6.5 Cr | 3 | View details |
Funding Insights of Rahasya
Rahasya has successfully raised a total of $979.81K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $644.45 thousand completed in June 2022. 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 $979,809
- Total Rounds 2
- Last Round Seed — $644,446
- First Round $335,363
(Jul 2021)
- Investors Count 6
All 2 funding rounds of Rahasya 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 |
|---|---|---|---|---|---|
| Jun 2022 | $644,446 | Seed | $5.97M | Indecapital RE LLP, Thirumal Govindraj | |
| Jul 2021 | $335,363 | Seed | $3.02M | CC One Venture Labs |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $5.97M | •••••••• |
| Jul 2021 | $3.02M | •••••••• |
Last known valuation $5.97M (Jun 2022). 6 investors in total: 4 institutional and 2 angel.
Investors in Rahasya
Rahasya has secured backing from 6 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Indecapital RE LLP, Thirumal Govindraj and Sham Kishor Bhat.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are focused on multiple sectors. | Ahmedabad, India | |||
Packaging products for food and beverage industry are manufactured. | urmingroup.com | Ahmedabad, India | ||
TG Thirumal Govindraj | unknown_3245030dcafc42cf9 | |||
SK Sham Kishor Bhat | unknown_be210d2ed3304f56b | |||
| indecapital.com |
Investor details for Rahasya
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Board of directors of Blisswater Industries Private Limited (Rahasya)
Blisswater Industries Private Limited is the primary company behind Rahasya. The board of Blisswater Industries Private Limited currently have 3 directors; the longest-serving is Satyen Kanta Shet Arsekar, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satyen Kanta Shet Arsekar DIN 07857204 | Director | 26 Oct 2018 | 8 yrs | Blisswater Industries Private Limited |
| Ashok Krishna Bhat DIN 07091752 | Director | 26 Oct 2018 | 8 yrs | Blisswater Industries Private Limited |
| Varna Ashok Bhat DIN 07833060 | Director | 26 Oct 2018 | 8 yrs | Blisswater Industries Private Limited |
People of Rahasya
1 people are tracked at Rahasya (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Rahasya
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Financials of Rahasya
Figures of Blisswater Industries Private Limited, the primary company behind Rahasya, for FY 2024. Revenue was ₹6.48 Cr (+19% year on year). Net profit was ₹91,696 (0% margin). EBITDA was ₹29.8 Lakh (5% margin). Revenue has grown at a compounded annual rate of +300% over three years.
- ₹6.48 CrRevenue · FY 2024 · +19% YoY
- ₹91,696Net profit · 0% margin
- ₹29.8 LakhEBITDA · 5% margin
- ₹1.4 LakhPaid-up capital
- +300%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Blisswater Industries Private Limited are on its company page.
Detailed financial statements for Rahasya
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Rahasya
4 dated milestones of Rahasya across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Rahasya is founded.
- Funding First funding round of $335K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $644K.
Competitors of Rahasya
Rahasya has 3 listed competitors in our database, 1 of them funded. They include Allied Blenders and Distillers, Nao Spirits and John Distilleries.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| abdindia.com | 1986 | Mumbai, India | 920 | Manufacturer of alcoholic beverages | ||
| naospirits.com | 2017 | Delhi, India | $9.8M | 70 | Brand of multi-category alcoholic spirits | |
| jdl.in | 1996 | Bengaluru, India | 721 | Brand of whiskey, rum, brandy, and wines |
Detailed competitors of Rahasya
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Top companies in Alcoholic & Tobacco Products
3 companies that operate in the same segment as Rahasya (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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Related news about Rahasya
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Frequently Asked Questions about Rahasya
Rahasya was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Rahasya is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Varna Bhat is the CEO of Rahasya, as recorded in our data. They have also founded this company.
Rahasya is a funded company, having raised a total of $979.81K across 2 funding rounds to date. The company's 1st funding round was a Seed of $335.36K, raised on Jul 2021.
The primary company behind Rahasya, Blisswater Industries Private Limited, reported revenue of ₹6.48 Cr for FY 2024, up 19% year on year.
Rahasya was founded in 2019 in Bengaluru, India, as a brand within the alcoholic beverages sector. Operations focus on vodka production and marketing, with distribution centered in the Indian market. The company is led by founder and CEO Varna Bhat. Its online presence is maintained through the domain rahasya.vodka, supporting brand outreach in the region.
Rahasya's top competitors include Nao Spirits, John Distilleries and Allied Blenders and Distillers.
Rahasya has 6 investors. Key investors include Indecapital RE LLP, Thirumal Govindraj, Sham Kishor Bhat, CC One Venture Labs, and Durain Enterprise.
The valuation of Rahasya is $5.97M as of Jun 2022.
Rahasya operates through Blisswater Industries Private Limited.
The legal entities of Rahasya currently have 3 directors, including Satyen Kanta Shet Arsekar, Ashok Krishna Bhat, Varna Ashok Bhat.