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Svami - About the company

Svami is an acquired company based in Mumbai (India), founded in 2016 by Aneesh Bhasin, Sahil Jatana and Rahul Bipin Mehra. It operates as a Manufacturer of non-alcoholic beverages. Svami has raised $2.79M in funding from investors like Mumbai Angels, RB Investments and Rukam Capital, with last known valuation of *****. The company has 80 active competitors, including 17 funded and 4 that have exited. Its top competitors include companies like CleanCo, Jimmy's Cocktails and Aplós.

Company Details

Manufacturer of non-alcoholic beverages. The product portfolio includes cold-brewed nitro coffee, tea, tonic water, and soda. Claims that products don't contain any artificial colour, flavour or preservatives.
Social
X
Email ID
*****@svamidrinks.com
Phone Number
+91 **********
Registered Address
Office-803, Peninsula Heights, Andheri West, Juhu lane, CTS No. 557, 1,2,3, Mumbai, Mumbai City, Mumbai, Maharashtra, India, 400058
Key Metrics
Founded Year
2016
Location
Mumbai, India
Stage
Acquired
Total Funding
$2.79M in 3 rounds
Latest Funding Round
Last Known Valuation
***** as on Feb 15, 2021
Ranked
Annual Revenue
₹4.21Cr as on Mar 31, 2023
Employee Count
41 as on Apr 30, 2024
Similar Companies
Exit Details
Acquired by Stranger and Sons (Aug 22, 2022)

Svami's acquisition details

Svami got acquired by Stranger and Sons on Aug 22, 2022.
Click here to take a look at Svami's acquisition in detail
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Svami's funding and investors

Svami has raised a total funding of $2.79M over 3 rounds. Its first funding round was on Aug 17, 2018. Its latest funding round was a Series A round on Oct 01, 2020 for $*****. 63 investors participated in its latest round. Svami has 23 institutional investors and 59 angel investors.

Here is the list of recent funding rounds of Svami:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 01, 2020
1452004
Series A
9376361
4730095
7370387
1369454
Sep 19, 2019
6904386
Seed
8072838
3512399
3467602
Aug 17, 2018
8962470
Seed
8635158
7148031
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Svami's founders and board of directors

Founder? Claim Profile
The founders of Svami are Aneesh Bhasin, Sahil Jatana and Rahul Bipin Mehra.
Here are the details of Svami's key team members:

Svami's employee count trend

Svami has 41 employees as of Apr 24. The total employee count is 11.0% lower than what it was in Apr 23. Here is Svami's employee count trend over the years:
Employee count trend for Svami
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Svami's Competitors and alternates

Top competitors of Svami include CleanCo, Jimmy's Cocktails and Aplós. Here is the list of Top 10 competitors of Svami, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CleanCo
CleanCo
2019, London (United Kingdom), Series A
Brand of cocktails
$12.4M
61/100
2nd
Logo for Jimmy's Cocktails
Jimmy's Cocktails
2019, Gurugram (India), Seed
Retailer of low-calorie cocktail mixers, sparkling mixers, and non-alcoholic beer
$6M
52/100
3rd
Logo for Aplós
Aplós
2020, Miami (United States), Series A
Internet first brand of non-alcoholic spirits
$10.5M
50/100
4th
Logo for Swizzle
Swizzle
2019, Bengaluru (India), Seed
Manufacturer of natural, vegan, chemical-free sparkling beverages in assorted flavors
$508K
43/100
5th
Logo for Kin
Kin
2018, New York City (United States), Seed
Non-alcoholic euphoric drinks with adaptogens, nootropics, and botanics
-
42/100
6th
Logo for Lyre’s
Lyre’s
2019, Leichhardt (Australia), Series B
Manufacturer of non-alcoholic spirits, premixed cocktails, and cocktail sets
$53M
40/100
7th
Logo for Spiritless
Spiritless
2019, Louisville (United States), Series A
Platform offering non-alcoholic spirits
$4M
37/100
8th
Logo for De Soi
De Soi
2022, Los Angeles (United States), Seed
Internet first brand offering non-alcoholic beverage products
$4M
35/100
9th
Logo for Sober
Sober
2020, Delhi (India), Seed
Retailer of non-alcoholic spirits, including gin, rum, and whiskey alternatives
$290K
34/100
10th
Logo for Svami
Svami
2016, Mumbai (India), Acquired
Manufacturer of non-alcoholic beverages
$2.79M
34/100
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Svami's Latest cap tables and shareholding

Founders (largest shareholder) own 60.27%, Funds own 19.23%, Enterprises own 2.62% and Angels own 17.89%. The net worth of Svami's founders is INR 30.2Cr as of Oct 01, 2020.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
60.27%
30.2Cr
8007062
8373567
5592618
4558824
3334891
2713226
7285031
6896433
7988424
9328454
8949694
6336143
4550695
7477009
6297073
7019804
Fund
19.23%
9.63Cr
2882824
5944266
2888647
1387841
6212486
2476427
2238575
8564920
1527918
6002739
5401
7409
4596
7155
4327
4394
Enterprise
2.62%
1.31Cr
43
90
78
70
Angel
17.89%
8.96Cr
1969524
5108096
5858863
7469203
8
8
6
1
6
1
3
4
8
5
6
7
Total
100.00%
50.1Cr
6768279
7162834
8436978
4513738
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Svami's Shareholding

Svami's Investments and acquisitions

Svami has made no investments or acquisitions yet.

Reports related to Svami

Here is the latest report on Svami's sector:

News related to Svami

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Svami Launches 2 Cal Calorie and Salted LemonadeHospitalitybizindiaSep 27, 2021Svami
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