08-05-2025
Alcobev startup Feline Spirits raises Rs 5.2 cr in pre-series A funding led by IPV
New Delhi:
Feline Spirits
, a
craft alcoholic beverage
startup, has raised Rs 5.2 crore in a
pre-series A funding
round led by
Inflection Point Ventures
(IPV), the company said in a press release on Thursday.
The company said to utilize the capital to expand the company's product portfolio and facilitate entry into new markets. Also, the company plans to launch '
Nine Lives Premium Whisky
' to tap into the semi-premium segment.
The startup has sold over 4.1 lakh bottles, generating more than Rs 25 crore in sales in FY25, it shared.
Founded by Prabhat Sharma (CEO) and Rohit Saxena (COO), the company is currently operational in 10 markets. It holds licenses in eight markets, including five government-operated ones.
"As we expand our footprint across the country and strengthen our partnerships, we're excited to lead a transformation in the way consumers engage with and enjoy craft alcohol," the company's CEO said.