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.
- Website
- svamidrinks.com/password
- 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
Investors
Ranked
10th among 80 active competitors
Annual Revenue
₹4.21Cr as on Mar 31, 2023
Employee Count
41 as on Apr 30, 2024
Exit Details
Acquired by Stranger and Sons (Aug 22, 2022)
Legal entities associated with Svami
Svami is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FOXTROT BEVERAGES PRIVATE LIMITED CIN: U15549MH2016PTC280964 , India, Active | May 12, 2016 | $525K (As on Mar 31, 2023) | 41 (As on Apr 30, 2024) |
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 |
View details of Svami's funding rounds and investors
Svami's founders and board of directors
Founder? Claim ProfileHere are the details of Svami's key team members:
- Aneesh Bhasin: Co-Founder of Svami. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Sahil Jatana: Co-Founder of Svami. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Rahul Bipin Mehra: Co-Founder of Svami. They serve on the board of 1 company.
View details of Svami's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CleanCo 2019, London (United Kingdom), Series A | Brand of cocktails | $12.4M | 61/100 | |
2nd | Jimmy's Cocktails 2019, Gurugram (India), Seed | Retailer of low-calorie cocktail mixers, sparkling mixers, and non-alcoholic beer | $6M | 52/100 | |
3rd | Aplós 2020, Miami (United States), Series A | Internet first brand of non-alcoholic spirits | $10.5M | 50/100 | |
4th | Manufacturer of natural, vegan, chemical-free sparkling beverages in assorted flavors | $508K | 43/100 | ||
5th | Kin 2018, New York City (United States), Seed | Non-alcoholic euphoric drinks with adaptogens, nootropics, and botanics | - | 42/100 | |
6th | Manufacturer of non-alcoholic spirits, premixed cocktails, and cocktail sets | $53M | 40/100 | ||
7th | Spiritless 2019, Louisville (United States), Series A | Platform offering non-alcoholic spirits | $4M | 37/100 | |
8th | De Soi 2022, Los Angeles (United States), Seed | Internet first brand offering non-alcoholic beverage products | $4M | 35/100 | |
9th | Retailer of non-alcoholic spirits, including gin, rum, and whiskey alternatives | $290K | 34/100 | ||
10th | Manufacturer of non-alcoholic beverages | $2.79M | 34/100 |
Looking for more details on Svami's competitors? Click here to see the top ones
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
•
A Collaboration Between Svami & Superkicks Is Bringing Back 00s Nostalgia In A BottleHomegrown•Nov 09, 2023•Svami
•
Stranger & Sons’ Acquisition of a Controlling Interest in Foxtrot BeveragesreGlobal Legal Chronicle•Aug 29, 2022•Stranger and Sons, Svami
•
Bira 91 collaborates with Svami to launch Cucumber flavored KölschAdgully•Nov 26, 2021•Bira 91, Svami
•
Non-alcoholic beverage firm Svami to enter energy drinks and mass-priced drinks segmentsIndiatimes•Oct 14, 2021•Svami
•
Moët Hennessy India launches co-branded mixers with SvamiLivemint•Oct 11, 2021•LVMH, Svami, Charton Hobbs
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Mumbai Angels Network leads bridge funding in beverage firm SvamiVCCircle•Oct 28, 2020•Mumbai Angels, Svami
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