About Toit
Toit is a company based in Bengaluru (India) founded in 2009 by Arun George. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Toit has raised $2.66 million across 3 funding rounds from investors including European Union, PP Ventures and Dss Investment. The company has 19 employees as of March 28, 2024. Toit offers products and services including Craft Beer and Brewpub Experience. Toit operates in a competitive market with competitors including Diageo, John Distilleries, Geist, United Breweries and Latambarcem Brewers, among others.
- Headquarter Bengaluru, India
- Employees 19 as on 28 Mar, 2024
- Founders Arun George
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Toit Breweries Private Limited
- Date of Incorporation 15 Mar, 2017
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$324.43 K (USD)3577.88as on Mar 31, 2023
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Net Profit
-$1.08 M (USD)-384.09as on Mar 31, 2023
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EBITDA
-$327.72 K (USD)-80.12as on Mar 31, 2023
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Total Equity Funding
$2.66 M (USD)
in 3 rounds
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Latest Funding Round
$1.1 M (USD), Series A
Apr 15, 2021
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Investors
European Union
& 2 more
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Employee Count
19
as on Mar 28, 2024
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Products & Services of Toit
Toit offers a comprehensive portfolio of products and services, including Craft Beer and Brewpub Experience.
Craft beer is brewed with unique, perfected recipes.
Brewpub experience is offered with food and ambiance.
Funding Insights of Toit
Toit has successfully raised a total of $2.66M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.1 million completed in April 2021. 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 Toit
Toit has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, PP Ventures and Dss Investment.
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Investor details for Toit
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Investments & Acquisitions by Toit
Investment portfolio details for Toit
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Financial Statements - Toit
Detailed financials for Toit
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Toit Comparisons
Peer comparison for Toit
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Competitors of Toit
Toit 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 Diageo, John Distilleries, Geist, United Breweries and Latambarcem Brewers, among others.
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Multi-category alcoholic beverage company
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Brand of whiskey, rum, brandy, and wines
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Craft beer is manufactured, distributed, and retailed by Geist.
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Processed beverages are manufactured and marketed globally by United Breweries.
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Craft beers and functional beverages are produced artisanally.
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Liquor is processed and managed by SOM Group of Companies.
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Detailed competitors of Toit
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Latest news on Toit
Complete news archive for Toit
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Frequently Asked Questions about Toit
Toit was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Toit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Toit is a funded company, having raised a total of $2.66M across 3 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Toit is 19.
Annual revenue of Toit is $324.43K as on Mar 31, 2023.
Craft beer is brewed and distributed by Toit across multiple locations in India. Brewpubs are operated in Bangalore, Pune, and Mumbai, offering a unique hospitality experience. Various beer varieties such as Tint-In-Wit, Nitro Stout, and India Pale Ale are crafted. Partnerships with bars and MRP stores are maintained for wider distribution. The focus is placed on quality and customer engagement in the beverage sector.
Toit's top competitors include Diageo, John Distilleries and United Breweries.
Toit offers Craft Beer and Brewpub Experience.
Toit has 3 investors. Key investors include European Union, PP Ventures, and Dss Investment.
The valuation of Toit is $21.57M as of Apr 2021.