About White Owl Brewery
White Owl Brewery is a Consumer company based in Mumbai (India) founded in 2011 by Kunjan Ravindranath Chikhlikar. Brand of beer. White Owl Brewery has raised $11.08 million across 7 funding rounds from investors including IIFL Finance, Carnival Corporation and AdvantEdge. The company has 4 employees. White Owl Brewery was last valued at $32.09 million in March 2019. Its Indian entity White Owl Brewery Private Limited reported revenue of ₹94.8 Lakh. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Beer and Premium. Its competitors include Geist, United Breweries and Latambarcem Brewers; 2 of its 3 listed competitors have raised funding.
Company details
White Owl Brewery was established in 2011 in Mumbai, India, as a brand focused on beer production. Operations center on brewing and distributing various beer products within the beverage sector. The company is led by co-founder Kunjan Ravindranath Chikhlikar. Activities are primarily conducted in the Indian market, with emphasis on local distribution and compliance under domain whiteowl.in. Sector involvement includes craft and standard beer offerings for regional consumers.
- Headquarters Mumbai, India
- Employees 4
- Founders Kunjan Ravindranath Chikhlikar
- Stage Minicorn
- SectorsConsumer
- Phone•••• ••••
- Website whiteowl.in
- Social LinkedIn
- Legal Name White Owl Brewery Private Limited
- Date of Incorporation 25 Jul, 2011
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹94.8 Lakh
FY 2021 · -30% YoY
- Net Loss-₹10.09 Cr
FY 2021 · -1065% margin
- EBITDA-₹9.91 Cr
FY 2021 · -1046% margin
- Total Equity Funding$11.08M (USD)
in 7 rounds
- Latest Funding Round$5.84M (USD), Series B
Mar 2019
- InvestorsIIFL Finance
& 76 more
- Employee Count4
Associated legal entities of White Owl Brewery
White Owl Brewery operates through White Owl Brewery Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| White Owl Brewery Private Limited CIN U55204MH2011PTC220119 | Under Liquidation | 25 Jul 2011 | Thane, Maharashtra | ₹0.9 Cr | 4 | 2 | View details |
Funding Insights of White Owl Brewery
White Owl Brewery has successfully raised a total of $11.08M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $5.84 million completed in March 2019. 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 $11.08M
- Total Rounds 7
- Last Round Series B — $5.84M
- First Round $601,806
(Feb 2012)
- Investors Count 77
All 7 funding rounds of White Owl Brewery 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 |
|---|---|---|---|---|---|
| Mar 2019 | $5.84M | Series B | $32.09M | IIFL Finance | |
| May 2018 | $1.5M | Series A | $19.45M | IIFL Finance | |
| Mar 2017 | $186,057 | Seed | $••••• | AdvantEdge | |
| Sep 2016 | $1.32M | Seed | $••••• | – | |
| Jun 2015 | $1.54M | Seed | $••••• | RAAY Global Investments | |
| Mar 2014 | $98,574 | Seed | $••••• | Carnival Corporation | |
| Feb 2012 | $601,806 | Angel Round | $••••• | Michael Anthony Marquis, Nadia Boujarwah |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $32.09M | •••••••• |
| May 2018 | $19.45M | •••••••• |
| Mar 2017 | $••••• | •••••••• |
| Sep 2016 | $••••• | •••••••• |
| Jun 2015 | $••••• | •••••••• |
| Mar 2014 | $••••• | •••••••• |
| Feb 2012 | $••••• | •••••••• |
Full valuation and stage history of White Owl Brewery
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $32.09M (Mar 2019). 77 investors in total: 7 institutional and 70 angel.
Investors in White Owl Brewery
White Owl Brewery has secured backing from 77 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IIFL Finance, Carnival Corporation and AdvantEdge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management and wealth services for family offices in India. | 2002 | raayinvestments.com | Mumbai, India | |
Venture capital funding and support for mobility and electric vehicle startups in India. | 2015 | advantedge.vc | Delhi, India | |
Online gold, home, personal, and business loans are provided. | 1995 | iifl.com | Mumbai, India | |
Investments are managed by Carniwal Investment in Mumbai, India. | Mumbai, India | |||
Provider of retirement planning services | Mumbai, India | |||
Emerging education services are provided by Eminence Global in London. | eminenceglobal.co.uk | London, United Kingdom | ||
Provider of brand design services | 1972 | carnivalcorp.com | Miami, United States | |
SC Suveer Chainani | Angel investor and entrepreneur, focused on tech startups in India. | unknown_f455444aed5744f6a | ||
MC Mahesh Chainani | unknown_2456c1e272ba40668 | |||
MR Mukund Rao | unknown_a4449d99a4cc48848 |
Investor details for White Owl Brewery
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Board of directors of White Owl Brewery Private Limited (White Owl Brewery)
White Owl Brewery Private Limited is the primary company behind White Owl Brewery. The board of White Owl Brewery Private Limited currently have 2 directors; the longest-serving is Kunjan Ravindranath Chikhlikar, appointed in 2011. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kunjan Ravindranath Chikhlikar DIN 03559274 | Director | 25 Jul 2011 | 15 yrs 3 mo | White Owl Brewery Private Limited |
| Javed Hanif Murad DIN 03559460 | Managing Director | 25 Jul 2011 | 15 yrs 3 mo | White Owl Brewery Private Limited |
People of White Owl Brewery
1 people are tracked at White Owl Brewery (1 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for White Owl Brewery
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Financials of White Owl Brewery
Figures of White Owl Brewery Private Limited, the primary company behind White Owl Brewery, for FY 2021. Revenue was ₹94.8 Lakh (-30% year on year). Net loss was -₹10.09 Cr (-1065% margin). EBITDA was -₹9.91 Cr (-1046% margin). Revenue has grown at a compounded annual rate of -49% over three years and -26% over five years.
- ₹94.8 LakhRevenue · FY 2021 · -30% YoY
- -₹10.09 CrNet loss · -1065% margin
- -₹9.91 CrEBITDA · -1046% margin
- ₹2.4 LakhPaid-up capital
- 4Employees (provident fund records)
- -49%Revenue CAGR, 3 years
- -26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of White Owl Brewery Private Limited are on its company page.
Detailed financial statements for White Owl Brewery
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of White Owl Brewery
4 dated milestones of White Owl Brewery across 8 years, from founding to its latest funding, stage changes and deals.
- Founded White Owl Brewery is founded.
- Funding First funding round of $602K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $5.8M.
Competitors of White Owl Brewery
White Owl Brewery has 3 listed competitors in our database, 2 of them funded. They include Geist, United Breweries and Latambarcem Brewers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| geist.in | 2005 | Bengaluru, India | $8.31M | 261 | Craft beer is manufactured, distributed, and retailed by Geist. | |
| unitedbreweries.com | 1915 | Bengaluru, India | 64 | Processed beverages are manufactured and marketed globally by United Breweries. | ||
| lbbrewers.com | 2017 | Bicholim, India | $1.5M | 29 | Craft beers and functional beverages are produced artisanally. |
Detailed competitors of White Owl Brewery
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Top companies in Alcoholic & Tobacco Products
3 companies that operate in the same segment as White Owl Brewery (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 White Owl Brewery
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Frequently Asked Questions about White Owl Brewery
White Owl Brewery was founded in 2011 and raised its 1st funding round 1 year after it was founded.
White Owl Brewery is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
White Owl Brewery is a funded company, having raised a total of $11.08M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $601.81K, raised on Feb 2012.
White Owl Brewery has 4 employees.
The primary company behind White Owl Brewery, White Owl Brewery Private Limited, reported revenue of ₹94.8 Lakh for FY 2021, down 30% year on year.
White Owl Brewery was established in 2011 in Mumbai, India, as a brand focused on beer production. Operations center on brewing and distributing various beer products within the beverage sector. The company is led by co-founder Kunjan Ravindranath Chikhlikar. Activities are primarily conducted in the Indian market, with emphasis on local distribution and compliance under domain whiteowl.in. Sector involvement includes craft and standard beer offerings for regional consumers.
White Owl Brewery's top competitors include United Breweries, Latambarcem Brewers and Geist.
White Owl Brewery has 77 investors. Key investors include IIFL Finance, Carnival Corporation, AdvantEdge, RAAY Global Investments, and Carniwal Investment.
The valuation of White Owl Brewery is $32.09M as of Mar 2019.
White Owl Brewery operates through White Owl Brewery Private Limited.
The legal entities of White Owl Brewery currently have 2 directors, including Kunjan Ravindranath Chikhlikar, Javed Hanif Murad.