Aim to become pioneers of the ready to drink category
Bengaluru-based startup O’ Be Cocktails has raised Rs 3.5 crore angel funding-first round of investment, led by First Cheque, Letsventure , Bhavish Aggarwal and Ankit Bhati from Ola, Abhishek Goyal – Founder, Tracxn and Sprout Investments.
The investment raised in this round will fund O’ Be Cocktails’ core strategy of growing sales through retailers as well as continuing to increase its production of new premium cocktail range.
Incepted in 2020, O’ Be Cocktails has identified a gap in the market for premium ready to drink cocktails that could be experienced anytime and anywhere.
The brand is currently present in 200 premium stores and has recorded strong growth and consumer reception for the cocktails across Bengaluru and Goa. In FY 21-22, the company aims to launch new cocktail variants and reach to 1000+ outlets across other urban markets.