Sula Vineyards

Nashik, India Founded: 1999 • Age: 27 yrs
Vineyard that produces and sells wine, offers hospitality and wine courses
Annual revenue $67.8M Latest available
Total funding $64.6M 15 rounds
Employees 913 Tracked headcount
Investors 42 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Sula Vineyards

Sula Vineyards is a company based in Nashik (India) founded in 1999 by Rajeev Samant. Sula Vineyards has raised $64.61 million across 15 funding rounds from investors including Reliance Capital, Everstone Capital and VisVires Capital. The company has 913 employees as of March 31, 2024. Sula Vineyards has completed 1 acquisition, including ND Wines. Sula Vineyards operates in a competitive market with competitors including Grover Zampa, Ronin Wines, Beringer, RIO Fizzy Wine and Elite Winery, among others.

  • Headquarter Nashik, India
  • Employees 913 as on 31 Mar, 2024
  • Founders Rajeev Samant
  • Stage Public
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sula Vineyards Ltd.
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $67.77 M (USD)
    2.01
    as on Mar 31, 2025
  • Net Profit
    $8.22 M (USD)
    -24.77
    as on Mar 31, 2025
  • EBITDA
    $17.79 M (USD)
    -14.54
    as on Mar 31, 2025
  • Total Equity Funding
    $64.61 M (USD)

    in 15 rounds

  • Latest Funding Round
    $6.69 M (USD), Angel Round

    Apr 21, 2022

  • Investors
  • Employee Count
    913

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Sula Vineyards

Sula Vineyards is a publicly listed company on the NSE with ticker symbol SULA in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: SULA · Sector: Process industries · India

People of Sula Vineyards

Headcount 500-1000
Employee Profiles 38
Employee Profiles
People
Ameet Parikh
AVP - Sales & Commercial Finance
People
Amol Chavan
Deputy General Manager Maintenance
People
Sagar Dabhade
Area Sales Manager
People
Rakesh Kumar Singh
Head Of Legal

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Funding Insights of Sula Vineyards

Sula Vineyards has successfully raised a total of $64.61M across 15 strategic funding rounds. The most recent funding activity was a Angel Round of $6.69 million completed in April 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.

Investors in Sula Vineyards

Sula Vineyards has secured backing from 42 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Reliance Capital, Everstone Capital and VisVires Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investing in and supporting insurgent consumer brands in India and Southeast Asia.
Locked Locked Locked
Multiple-stage venture capital investments are managed by Haystack.
Locked Locked Locked
Venture capital firm focused on multiple sectors
Locked Locked Locked
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Investor details for Sula Vineyards

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Investments & Acquisitions by Sula Vineyards

Sula Vineyards has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ND Wines.

Investments
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Investment portfolio details for Sula Vineyards

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-category wines are offered online by ND Wines.
Locked Locked 2022 Locked
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Complete acquisition details for Sula Vineyards

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Financial Statements - Sula Vineyards

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Detailed financials for Sula Vineyards

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Sula Vineyards Comparisons

Sula Vineyards Primary company
Description
Vineyard that produces and sells wine, offers hospitality an...
Location
Nashik, India
Founded Year
1999
Annual Revenue
$67.77 M (USD)
Net Profit
$8.22 M (USD)
EBITDA
$17.79 M (USD)
Employees
913
As of 2024
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Peer comparison for Sula Vineyards

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Competitors of Sula Vineyards

Sula Vineyards 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 Grover Zampa, Ronin Wines, Beringer, RIO Fizzy Wine and Elite Winery, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Producer of various wine selections, providing vineyard tours and wine tasting
Locked Locked Locked
Wines are retailed by Ronin Wines in Pune, India.
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Premium wines are produced and retailed by Beringer.
Locked Locked Locked
Manufactures and sells fizzy wines, spritzers, and port wines to consumers.
Locked Locked Locked
Elite Winery is a premier brand specializing in high-quality wines.
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Detailed competitors of Sula Vineyards

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  • Domains and locations
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Latest news on Sula Vineyards

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Complete news archive for Sula Vineyards

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Frequently Asked Questions about Sula Vineyards

Sula Vineyards was founded in 1999 and raised its 1st funding round 6 years after it was founded.

Sula Vineyards is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.

Rajeev Samant is the current CEO of Sula Vineyards. They have also founded this company.

Sula Vineyards is a funded company, having raised a total of $64.61M across 15 funding rounds to date.

As of Mar 31, 2024, the latest employee count at Sula Vineyards is 913.

Annual revenue of Sula Vineyards is $67.77M as on Mar 31, 2025.

Sula Vineyards was founded in 1999 in Nashik, India, within the wine production sector. Grapes are cultivated on the estate, and wine is manufactured for distribution through multiple channels. Hospitality services, including vineyard tours, wine tasting sessions, dining options, and accommodation, are provided to visitors. Wine education courses are also conducted for participants. Operations focus on both production and experiential offerings in the region.

Sula Vineyards's top competitors include Grover Zampa, Ronin Wines and RIO Fizzy Wine.

Yes, Sula Vineyards is publicly traded on NSE under the ticker symbol SULA.

Sula Vineyards has made 1 acquisition, including ND Wines.

Sula Vineyards has 42 investors. Key investors include Reliance Capital, Everstone Capital, VisVires Capital, Alok Vajpeyi, and Nirjay Singh.

The ticker symbol of Sula Vineyards is SULA on NSE.

The valuation of Sula Vineyards is $188.32M as of Apr 2022.

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