When was Proost Beer founded?

Proost Beer was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Proost Beer located?

Proost Beer is headquartered in Gurugram, India. It is registered at KH NO. 541/1, G/F BACK PORTION OLD RANGPURI ROAD, VILLAGE RANGPURI, South West Delhi, DELHI, Delhi, India, 110037.

Who is the current CEO of Proost Beer?

Tarun Bhargava of Proost Beer. They have also founded 1 company.

Which legal entities is Proost Beer associated with?

Proost Beer is associated with GRANO69 BEVERAGES PRIVATE LIMITED.

How many employees does Proost Beer have?

As of May 31, 2026, Proost Beer has 94 employees, reflecting a 2% year-over-year growth in headcount.

Is Proost Beer a funded company?

Proost Beer is a funded company, having raised a total of $7.34M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 29, 2021.

When was the latest funding round of Proost Beer?

Proost Beer's latest funding was a $***** Series A round on Nov 07, 2024, with participation from 14 investors. Its primary sector is Alcoholic Beverage Products. Globally, the Alcoholic Beverage Products sector has seen $38.8M in funding in 2026 to date.

Where does Proost Beer rank among its competitors?

Proost Beer ranks 141st amongst 757 active competitors, of which 27 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Proost Beer, which secured $3.5M in Nov, 2024.

Who are the top competitors of Proost Beer?

Proost Beer's top competitors include Hector Beverages, RJ Corp and MTR Foods. Among them, Proost Beer secured the most recent funding round in November, 2024.

Proost Beer - 2026 Company Profile, Team, Funding & Competitors

Company Details

Brand of various beers beers tailored to local consumer preferences. It develops, markets, and distributes a range of beer products including strong lagers, premium lagers, wheat beers, and specialty beer variants designed for Indian consumer tastes. Its portfolio includes products such as strong beer, white ale, and ultra lager, combining international brewing influences with locally targeted flavor profiles and pricing. It serves consumers through liquor stores, bars, restaurants, and other licensed beverage retail channels while positioning itself as an accessible premium beer brand.

Website: proostbeer.com
Social
Email ID: *****@grano69.com
Part Of
Registered Address: KH NO. 541/1, G/F BACK PORTION OLD RANGPURI ROAD, VILLAGE RANGPURI, South West Delhi, DELHI, Delhi, India, 110037

Key Metrics

Founded Year

2018

Location

Gurugram, India

Stage

Series A

Total Funding

$7.34M in 7 rounds

Latest Funding Round

Series A, Nov 07, 2024, $*****

Investors

Hyderabad Angels & 53 more

Ranked

141^st among 757 active competitors

Employee Count

94 as on May 31, 2026

Similar Companies

BrewDog & 4277 more

View Proost Beer's full profile

Proost Beer is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GRANO69 BEVERAGES PRIVATE LIMITED CIN: U15549DL2017PTC324644 , India, Active	Oct 09, 2017	₹100 - ₹500 Cr (As on Mar 31, 2025)	94 (As on May 01, 2026)

Proost Beer has raised a total funding of $7.34M over 7 rounds. Its first funding round was on Nov 29, 2021. Its latest funding round was a Series A round on Nov 07, 2024 for $*****. 14 investors participated in its latest round. Proost Beer has 21 institutional investors and 33 angel investors.

Here is the list of recent funding rounds of Proost Beer:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 07, 2024	7709874	Series A	9357957	2796655	4384590	9993525
Nov 01, 2023	1925939	Seed	4056805	2479980	8374591	Ranganathan & 19 more
Oct 25, 2023	2031811	Conventional Debt	3622453	6242704	7543214	9802446

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View details of Proost Beer's funding rounds and investors

The founders of Proost Beer are Vijay P Sharma and Tarun Bhargava. Tarun Bhargava is the CEO of Proost Beer.

Here are the details of Proost Beer's key team members:

Vijay P Sharma: Co-Founder & MD of Proost Beer.
Tarun Bhargava: Co-Founder & CEO of Proost Beer and founder of 1 other company.
Contact Info: 1 email address

Proost Beer's Board of Directors

Proost Beer's board has 2 active members. Vijay Prakash Sharma and Tarun Bhargava are part of team.

Here is the list of Proost Beer's board of directors:

Name	Type	Representing	Status	Duration
Vijay Prakash Sharma	Team	-	Current	8y 10m
Tarun Bhargava	Team	-	Current	8y 10m

View details of Proost Beer's Founder profiles and Board Members

Proost Beer's employee count trend

Proost Beer has 94 employees as of May 26. The total employee count is 1.0% more than what it was in May 25. Here is Proost Beer's employee count trend over the years:

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Top competitors of Proost Beer include Hector Beverages, RJ Corp and MTR Foods. Here is the list of Top 10 competitors of Proost Beer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hector Beverages 2009, Bengaluru (India), Series D	Retailer of beverages, dry fruits, and nut-based food products	$185M	Peak XV Partners, Sofina & 36 others	73/100
2nd	RJ Corp 1980, Gurugram (India), Series B	Brand of food & beverage products	$41.1M	Devayani Overseas, ICICI Venture & 16 others	64/100
3rd	MTR Foods 1924, Bengaluru (India), Acquired	Internet first brand of multi category food & beverages	$4M	Aquarius Investment Advisors, J P Morgan ... & 18 others	63/100
4th	Simba Beer 2010, Delhi (India), Seed	Brand of beer	$4.04M	-	62/100
5th	Bira 91 2015, Delhi (India), Series D	Provider of beer products	$457M	Peak XV Partners, Kirin Holdings & 206 others	62/100
6th	Ajinomoto 1909, Tokyo (Japan), Public	Multi category food and beverage manufacturer	-	Europa, Yusen Logistics	61/100
7th	United Breweries 1915, Bengaluru (India), Acquired	Manufactures processed beverages	-	Heineken, The HEINEKEN Company & 1 others	60/100
8th	ITC 1910, Kolkata (India), Public	Provider of diversified products across FMCG, paperboards, packaging, agri-business, and IT	-	Baring Private Equity Partners	60/100
9th	Patanjali Ayurved 2006, Haridwar (India), Acquired	Online platform offering ayurvedic medicines and nutraceuticals	$431K	UCO Bank, SBI & 21 others	59/100
10th	Parle Products 1929, Mumbai (India), Funding Raised	Manufacturer of food & beverages products	-	Mohanlal Dayal Charitable Foundation, Serene Charitable Foundation ... & 1 others	59/100
141st	Proost Beer 2018, Gurugram (India), Series A	Brand of various beers beers tailored to local consumer preferences	$7.34M	GI Ventures, Angel List & 52 others	29/100

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Founders (largest shareholder) own 56.11%, Funds own 1.11%, Enterprises own 25.98% and Angels own 13.69%. The net worth of Proost Beer's founders is INR 128Cr as of Mar 19, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	56.11%	128Cr	9100452	6214862	4238725	3201106
Fund	1.11%	2.54Cr	2	7	3	6
Mumbai Angels	0	0	0	0	0	0
Enterprise	25.98%	59.4Cr	2719068	3317751	2069913	6280761
Angel	13.69%	31.3Cr	3378115	9959918	7216495	1865008
Namala Srinivasan	359451	583222	995204	565838	416251	778718
Ranganathan	0	0	0	0	0	0
Lakshminarayanan Subramanian	0	0	0	0	0	0
ESOP Pool	3.11%	7.11Cr	309	797	305	987
Total	100.00%	229Cr	6041304	2447148	6739331	9858713