With a quickly rising spirits market projected to succeed in USD 31 billion by 2024, Feline Spirits is well-positioned to capitalise on this development.
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Homegrown craft alcoholic beverage startup Feline Spirits raised ₹5.2 crore, led by Inflection Level Ventures (IPV). The funds will probably be utilised to gas portfolio enlargement and assist the corporate’s entry into new geographies.
Based by Prabhat Sharma (CEO) and Rohit Saxena (COO), has developed a various portfolio throughout vodka, whisky, and brandy within the premium and mass-premium segments.
The startup operates in 8 states and union territories and has served a buyer base of greater than 20 lakh.
“Our partnership with IPV has offered us with the fitting strategic backing to speed up our enlargement and set up Feline Spirits as a formidable participant available in the market. As we broaden our footprint throughout the nation and strengthen our partnerships, we’re excited to steer a change in the way in which customers interact with and luxuriate in craft alcohol,” Stated Prabhat Sharma, CEO of Feline Spirits.
Ankur Mittal, Co-Founder, IPV, says, “India’s alcohol market has lengthy been cut up between low-quality mass merchandise and overpriced worldwide manufacturers. Feline Spirits bridges this hole by providing premium, handcrafted liquor that’s excessive in high quality, thoughtfully designed, and fairly priced. The feline is setting a brand new customary, the place well-made, great-looking spirits are now not a luxurious, however the norm.”
India’s Spirits market is projected to succeed in USD 31 billion in 2024, rising at a CAGR of 6.51% between 2024–2028. Globally, the market was valued at USD 1.4 trillion in 2022 and is predicted to develop to USD 2 trillion by 2027, highlighting immense potential on this sector.
In FY24, Feline Spirits recorded a month-to-month top-line of over 2 lakh bottles (10,303 circumstances) with income crossing ₹11 crore. In FY25, the corporate bought over 19,751 circumstances (4.1+ lakh bottles), producing a gross sales worth of over ₹25 crore. It at present holds working licenses in 8 markets, together with 5 government-owned and operated ones.
(With inputs from bl intern Nethra Sailesh)
Revealed on Might 8, 2025
