# The White Owl Brewery Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-white-owl-brewery-pvt

- Industry: Consumer Products
- Headquarters: Mumbai, India
- Website: www.whiteowl.in
- Total disclosed funding: $6.8M
- Latest round: Series B (Oct 12, 2019)
- Investors on record: 2

## About

The White Owl Brewery Pvt. Ltd. specializes in brewing high-quality craft beers, showcasing a variety of flavors and styles that cater to a diverse consumer base across India.Founded in 2014 and headquartered in Mumbai, India, The White Owl Brewery Pvt. Ltd. focuses on brewing premium craft beers. It has successfully completed 8 deals, with its most recent funding round being a Series B in October 2019, where it raised INR 225 million from 360 ONE, bringing the total amount raised to INR 225 million. The company is co-founded by Dima Hanzhelo, Javed Murad, and Kunjan Chikhlikar, with Ali Modarresi serving as CEO.The company offers a diverse range of craft beers, each designed to meet the distinct preferences and tastes of its customers. Its products are tailored to appeal to both casual drinkers and craft beer enthusiasts, focusing on quality ingredients and unique brewing techniques. The White Owl Brewery distributes its beers primarily across India, targeting urban markets that appreciate craft brewing and premium beverages.In the financial year ending 2021, The White Owl Brewery Pvt. Ltd. reported a revenue of INR 41,903.90 thousand, while its EBITDA for the same year was -INR 1,419,474.50 thousand.The White Owl Brewery Pvt. Ltd. plans to leverage its recent Series B funding of INR 225 million, raised in October 2019, to introduce new beer variants and expand its market presence. The company is targeting the broader Indian market for growth, with plans to launch new products within the next year. By enhancing its distribution channels, The White Owl Brewery aims to reach new regions and consumer segments, supporting its strategic growth initiatives.

## Funding rounds

- Series B, Oct 12, 2019, $3.2M — 360 ONE
- Series B, Jun 20, 2019, $2.1M — 360 ONE
- Series A, May 3, 2018, $1.5M — 360 ONE, Byramjee Jeejeebhoy Group

## Investors

- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series A, Series B
- Byramjee Jeejeebhoy Group — Series A