About Stilldistilling
Stilldistilling is a Consumer company based in Mumbai (India) founded in 2020 by Kasturi Banerjee. Rum and spirits are branded and produced by Stilldistilling. Stilldistilling has raised $942.42 thousand across 7 funding rounds from investors including Cosme Matias Menezes, Pad Family Trust and AJD Family Trust. The company has 1 employees. Stilldistilling was last valued at $6.48 million in July 2024. Its chief executive, as recorded, is Kasturi Banerjee. Its Indian entity Stilldistilling Spirits Private Limited reported revenue of ₹94.7 Lakh. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Multi-category and Consumer Goods. Its competitors include John Distilleries, SOM Group of Companies and Diageo India.
Company details
Stilldistilling was established in 2020 in Mumbai, India, within the alcoholic beverages sector. Operations center on the creation and branding of rum and other spirits. Products are developed and marketed from the companys base in India, targeting domestic and potential international markets. Leadership is provided by founder Kasturi Banerjee, with focus maintained on quality distillation processes and distribution networks.
- Headquarters Mumbai, India
- Employees 1
- Founders Kasturi Banerjee
- Stage Minicorn
- SectorsConsumer
- Website stilldistilling.com
- Social LinkedIn Facebook
- Legal Name Stilldistilling Spirits Private Limited
- Date of Incorporation 19 Jul, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹94.7 Lakh
FY 2025 · -43% YoY
- Net Loss-₹1.13 Cr
FY 2025 · -120% margin
- EBITDA-₹91.7 Lakh
FY 2025 · -97% margin
- Total Equity Funding$942.42K (USD)
in 7 rounds
- Latest Funding Round$35.96K (USD), Seed
Jul 2024
- InvestorsCosme Matias Menezes
& 50 more
- Employee Count1
Associated legal entities of Stilldistilling
Stilldistilling operates through Stilldistilling Spirits Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Stilldistilling Spirits Private Limited CIN U74999MH2020PTC342229 | Active | 19 Jul 2020 | Mumbai, Maharashtra | ₹0.9 Cr | 5 | View details |
Funding Insights of Stilldistilling
Stilldistilling has successfully raised a total of $942.42K across 7 strategic funding rounds. The most recent funding activity was a Seed round of $35.96 thousand completed in July 2024. 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 $942,417
- Total Rounds 7
- Last Round Seed — $35,955
- First Round $27,304
(Jan 2021)
- Investors Count 51
All 7 funding rounds of Stilldistilling 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 |
|---|---|---|---|---|---|
| Jul 2024 | $35,955 | Seed | $6.48M | Pad Family Trust, AJD Family Trust | – |
| Nov 2023 | $60,151 | Seed | $6.46M | Pad Family Trust, AJD Family Trust | – |
| Jan 2023 | $135,819 | Seed | $••••• | Touchstone Venture, Cosme Matias Menezes | |
| Aug 2022 | $87,997 | Seed | – | FIRECRACKER | |
| Aug 2021 | $320,087 | Seed | $••••• | Touchstone Venture, Cosme Matias Menezes | |
| Feb 2021 | $275,104 | Seed | $••••• | – | |
| Jan 2021 | $27,304 | Angel Round | $••••• | Mamta Gupta, Dinesh Chand Sharma | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $6.48M | •••••••• |
| Nov 2023 | $6.46M | •••••••• |
| Jan 2023 | $••••• | •••••••• |
| Aug 2021 | $••••• | •••••••• |
| Feb 2021 | $••••• | •••••••• |
Full valuation and stage history of Stilldistilling
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $6.48M (Jul 2024). 51 investors in total: 6 institutional and 45 angel.
Investors in Stilldistilling
Stilldistilling has secured backing from 51 investors, including institutional and angel investors. Prominent investors backing the company include Cosme Matias Menezes, Pad Family Trust and AJD Family Trust.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Limited information available | touchstone-ventures.com | Singapore, Singapore | ||
Medical devices, consumer products, logistics, and distribution services in India. | cmmgroup.in | Panaji, India | ||
TP Tushar Patel | Angel investor and entrepreneur, focused on tech startups in India. | unknown_153ff8ba5c854e3a9 | ||
DR Dinesh Reddy | Angel investor and tech entrepreneur, focused on early-stage Indian startups. | unknown_cddadfde32c5450fb | ||
RD Ravi Duvvuru | unknown_19d9759a363d48749 | |||
AA Arun Advani | unknown_59ad7593cdde4b399 | |||
AS Aruna Sharma | Angel investor, ex-banker, supporting Indian startups in fintech and tech sectors. | unknown_a0378ae0201a42e68 | ||
SC Sridhar Chari | Angel investor and advisor, ex-entrepreneur, focused on Indian startups | unknown_78482e80f09d4e349 |
Investor details for Stilldistilling
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Stilldistilling Spirits Private Limited (Stilldistilling)
Stilldistilling Spirits Private Limited is the primary company behind Stilldistilling. The board of Stilldistilling Spirits Private Limited currently have 5 directors; the longest-serving is Kasturi Banerjee, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kasturi Banerjee DIN 08660749 | Director | 19 Jul 2020 | 6 yrs 3 mo | Stilldistilling Spirits Private Limited |
| Swastika Banerjee DIN 09047688 | Director | 14 Jan 2021 | 5 yrs 9 mo | Stilldistilling Spirits Private Limited |
| Tushar Kirit Patel DIN 03033660 | Nominee Director | 05 Apr 2021 | 5 yrs 7 mo | Stilldistilling Spirits Private Limited |
| Ranjan Wadhwa DIN 09634365 | Director | 01 Jun 2022 | 4 yrs 5 mo | Stilldistilling Spirits Private Limited |
| Harsh Ramesh Dave DIN 00350824 | Director | 29 Sep 2022 | 4 yrs 1 mo | Stilldistilling Spirits Private Limited |
People of Stilldistilling
1 people are tracked at Stilldistilling (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Stilldistilling
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Stilldistilling
Figures of Stilldistilling Spirits Private Limited, the primary company behind Stilldistilling, for FY 2025. Revenue was ₹94.7 Lakh (-43% year on year). Net loss was -₹1.13 Cr (-120% margin). EBITDA was -₹91.7 Lakh (-97% margin). Revenue has grown at a compounded annual rate of -29% over three years.
- ₹94.7 LakhRevenue · FY 2025 · -43% YoY
- -₹1.13 CrNet loss · -120% margin
- -₹91.7 LakhEBITDA · -97% margin
- ₹38 LakhPaid-up capital
- -29%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Stilldistilling Spirits Private Limited are on its company page.
Detailed financial statements for Stilldistilling
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Stilldistilling
4 dated milestones of Stilldistilling across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Stilldistilling is founded.
- Funding First funding round of $27K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $36K.
Competitors of Stilldistilling
Stilldistilling has 3 listed competitors in our database. They include John Distilleries, SOM Group of Companies and Diageo India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jdl.in | 1996 | Bengaluru, India | 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. |
Detailed competitors of Stilldistilling
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- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Alcoholic & Tobacco Products
3 companies that operate in the same segment as Stilldistilling (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 Stilldistilling
Stilldistilling was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Stilldistilling is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kasturi Banerjee is the CEO of Stilldistilling, as recorded in our data. They have also founded this company.
Stilldistilling is a funded company, having raised a total of $942.42K across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $27.3K, raised on Jan 2021.
Stilldistilling has 1 employees.
The primary company behind Stilldistilling, Stilldistilling Spirits Private Limited, reported revenue of ₹94.7 Lakh for FY 2025, down 43% year on year.
Stilldistilling was established in 2020 in Mumbai, India, within the alcoholic beverages sector. Operations center on the creation and branding of rum and other spirits. Products are developed and marketed from the companys base in India, targeting domestic and potential international markets. Leadership is provided by founder Kasturi Banerjee, with focus maintained on quality distillation processes and distribution networks.
Stilldistilling's top competitors include John Distilleries, Diageo India and SOM Group of Companies.
Stilldistilling has 51 investors. Key investors include Cosme Matias Menezes, Pad Family Trust, AJD Family Trust, Touchstone Ventures, and FIRECRACKER.
The valuation of Stilldistilling is $6.48M as of Jul 2024.
Stilldistilling operates through Stilldistilling Spirits Private Limited.
The legal entities of Stilldistilling currently have 5 directors, including Harsh Ramesh Dave, Swastika Banerjee, Ranjan Wadhwa and others.