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Ready-to-drink cocktail startup O’ Be Cocktails raises funding from Inflection Point Ventures

IndianStartupNewsIndianStartupNews · 1y
Ready-to-drink cocktail startup O’ Be Cocktails raises funding from Inflection Point Ventures

Bengaluru-based startup O' Be Cocktails has raised an undisclosed amount in a pre-Series A funding round led by Inflection Point Ventures. The funds will be used to enhance capabilities, build a team, and expand into new markets. O' Be Cocktails offers a range of ready-to-drink craft cocktails made with high-quality spirits and natural ingredients. Currently operational in 9 states in India and Bhutan, the startup aims to lead the ready-to-drink category growth in India and Southeast Asia. The Indian alcoholic beverage market values at $35 billion, with the ready-to-drink category projected to grow at a rate of 10.29% in value and 12.15% in volume from 2021 to 2026.

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