When was Coolberg founded?

Coolberg was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Coolberg located?

Coolberg is headquartered in Mumbai, India. It is registered at A/406, CTS NO. 75, UNIVERSAL BUSINESS PARK OFF CHANDIVALI FARM ROAD, KURLA WEST, Mumbai City, MUMBAI, Maharashtra, India, 400072.

Who is the current CEO of Coolberg?

Pankaj Aswani of Coolberg. They have also founded 1 company.

Which legal entities is Coolberg associated with?

Coolberg is associated with Coolberg Beverages Private Limited.

How many employees does Coolberg have?

As of Apr 30, 2025, Coolberg has 2 employees, reflecting a 98% year-over-year decline in headcount.

Is Coolberg a funded company?

Coolberg is a funded company, having raised a total of $5.49M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 29, 2018.

How much is Coolberg worth?

The last known valuation of Coolberg was $***** as of Sep 08, 2021.

When was the latest funding round of Coolberg?

Coolberg's latest funding was a $***** Series B round on Sep 08, 2021, with participation from 16 investors. Its primary sector is Online Grocery. In India, the Online Grocery sector has seen $363M in funding in 2026 to date.

What is the annual revenue of Coolberg?

Annual revenue of Coolberg is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Coolberg rank among its competitors?

Coolberg ranks 1st amongst 3 active competitors, none of which are funded.

Coolberg - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Private label brand of non-alcoholic beer. It offers various flavors like mint, ginger, peach tamarind, cranberry, and strawberry. The product comes with a shelf life of 12 months.

Website: coolberg.in
Social
Email ID: *****@coolberg.in
Phone Number: +91 **********
Registered Address: A/406, CTS NO. 75, UNIVERSAL BUSINESS PARK OFF CHANDIVALI FARM ROAD, KURLA WEST, Mumbai City, MUMBAI, Maharashtra, India, 400072

Key Metrics

Founded Year

2016

Location

Mumbai, India

Stage

Acquired

Total Funding

$5.49M in 3 rounds

Latest Funding Round

Series B, Sep 08, 2021, $*****

Last Known Valuation

$***** as on Sep 08, 2021

Investors

India Quotient & 68 more

Ranked

1^st among 3 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

2 as on Apr 30, 2025

Similar Companies

Lucky Saint & 8 more

Exit Details

Acquired by Ghodawat Consumer (Nov 28, 2022)

View Coolberg's full profile

Coolberg is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Coolberg Beverages Private Limited CIN: U15114MH2016PTC288228 , India, Active	Dec 07, 2016	₹10 - ₹50 Cr (As on Mar 31, 2025)	1 (As on May 31, 2025)

Coolberg got acquired by Ghodawat Consumer on Nov 28, 2022.

Click here to take a look at Coolberg's acquisition in detail

Coolberg has raised a total funding of $5.49M over 3 rounds. Its first funding round was on Jul 29, 2018. Its latest funding round was a Series B round on Sep 08, 2021 for $*****. 16 investors participated in its latest round. Coolberg has 24 institutional investors and 45 angel investors.

Here is the list of recent funding rounds of Coolberg:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 08, 2021	6318061	Series B	9030702	8612239	1505628	1047545
May 14, 2019	6977907	Series A	5426981	3881352	8404656	Suashish & 21 more
Jul 29, 2018	6215115	Seed	3616239	7809231	India Quotient	Anirudh Agarwal & 46 more

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View details of Coolberg's funding rounds and investors

The founders of Coolberg are Pankaj Aswani and Yashika Keswani. Pankaj Aswani is the CEO of Coolberg.

Here are the details of Coolberg's key team members:

Pankaj Aswani: Co-Founder & CEO of Coolberg. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Yashika Keswani: Co-Founder & COO of Coolberg. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number

Coolberg's Board of Directors

Coolberg's board has 4 active members. Anirudh Agarwal, Pankaj Aswani and Yashika Keswani are part of team and Salloni Shrenik Ghodawat is independent board member.

Here is the list of Coolberg's board of directors:

Name	Type	Representing	Status	Duration
Pankaj Aswani	Team	-	Current	9y 9m
Yashika Keswani	Team	-	Current	9y 9m
Anirudh Agarwal	Investor	-	Current	8y 1m
Salloni Shrenik Ghodawat	Independent board member	-	Current	3y 7m

View details of Coolberg's Founder profiles and Board Members

Coolberg's employee count trend

Coolberg has 2 employees as of Apr 25. The total employee count is 99.0% lower than what it was in Apr 24. Here is Coolberg's employee count trend over the years:

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Top competitors of Coolberg include Gunsberg and Sethna Agro. Here is the list of Top 10 competitors of Coolberg, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coolberg 2016, Mumbai (India), Acquired	Private label brand of non-alcoholic beer	$5.49M	India Quotient, CapFort Ventures & 67 others	47/100
2nd	Gunsberg 2018, Sahibzada Ajit Singh Nagar (India), Unfunded	Indian beverage brand known for crafting bold, non-alcoholic brews using natural ingredients and authentic brewing methods	-	-	36/100
3rd	Sethna Agro 2021, Mumbai (India), Unfunded	Retailer of non-alcoholic beer, energy drinks, and other beverages	-	-	34/100

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Looking for more details on Coolberg's competitors? Click here to see the top ones

Founders own 41.96%, Funds (largest shareholder) own 46.25%, Enterprises own 1.12% and Angels own 10.66%. The net worth of Coolberg's founders is INR 43.3Cr as of Sep 08, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	41.96%	43.3Cr	2541098	9464372	7743567	2562354
Pankaj Aswani	1619437	5186626	4871533	5128997	8022920	3148730
Yashika Keswani	4272237	9799578	7519437	9146472	6810480	7292056
Fund	46.25%	47.7Cr	3066620	8378042	7005063	1411304
India Quotient	3164362	3413632	5391157	8420774	5323243	3607021
RB Investments	3350688	7533716	9691368	4353998	9465584	1739506
Mehta Ventures	8	6	4	6	1	1
2am VC	0	0	0	0	0	0
Enterprise	1.12%	1.16Cr	3	5	2	1
Angel	10.66%	11Cr	3775417	9803768	2708772	2588710
Anirudh Agarwal	0	0	0	0	0	0
Total	99.99%	103Cr	7964695	3408357	1308070	5660972