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Varun Beverages - About the company

Varun Beverages is a public company based in Gurugram (India), founded in 1995 by Ravi Kant Jaipuria. It operates as a Company manufactures, distributes & sells of carbomated soft drinks. Varun Beverages has raised $133M in funding from AION Partners. The company has 193 active competitors, including 32 funded and 40 that have exited. Its top competitors include companies like MGP, Lucas Bols and Ardgowan Distillery.

Company Details

Company manufactures, distributes & sells of carbomated soft drinks. Its products includes non-carbonated beverages, fruit juices, sports drinks, energy drinks, and bottled water.
Phone Number
+91 **********
Registered Address
F-2/7 OKHLA INDL.AREA PHASE I, New Delhi, NEW DELHI, Delhi, India, 110020
Key Metrics
Founded Year
1995
Location
Gurugram, India
Stage
Public
Total Funding
$133M in 5 rounds
Latest Funding Round
Ranked
Employee Count
4,479 as on May 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Varun Beverages's IPO details

Varun Beverages got listed on Nov 08, 2016.
Click here to take a look at Varun Beverages's IPO in detail
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Varun Beverages's funding and investors

Varun Beverages has raised a total funding of $133M over 5 rounds. Its first funding round was on Jul 20, 2011. Varun Beverages has 4 institutional investors.

Here is the list of recent funding rounds of Varun Beverages:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 06, 2019
5529845
Post IPO
1871622
9185028
8885645
5055693
Oct 10, 2015
1733509
Conventional Debt
8585801
4189011
4934147
Oct 10, 2015
1775489
Series D
2646483
1533478
7317572
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Varun Beverages' founders and board of directors

Founder? Claim Profile
The founders of Varun Beverages is Ravi Kant Jaipuria.
Here are the details of Varun Beverages' key team members:

Varun Beverages' Board of Directors

Varun Beverages's board has 10 active members. Varun Jaipuria is part of team and Ravi Kant Jaipuria, Naresh Trehan, Rashmi Dhariwal, Raj Pal Gandhi, Abhiram Seth, Ravi Gupta, Anil Kumar Sondhi, Rajinder Jeet Singh Bagga and Sita Khosla are independent board members.
Here is the list of Varun Beverages' board of directors:
Name
Type
Representing
Status
Duration
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Team
-
Past
6y 6m
Independent board member
-
Current
2y 5m
ozezlai
Independent board member
-
Current
8y 9m
jrfasen
Independent board member
-
Current
2y 3m
tfwyznp
Independent board member
-
Current
3y 8m
csstmrt
Independent board member
-
Current
6y 1m
ddw{tfn
Independent board member
-
Current
9y 7m
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Independent board member
-
Current
8y 5m
jyqudmu
Independent board member
-
Current
7y 3m
xsknliy
Independent board member
-
Past
8y 7m

Varun Beverages' employee count trend

Varun Beverages has 4,479 employees as of May 25. The total employee count is 15.0% more than what it was in May 24. Here is Varun Beverages's employee count trend over the years:
Employee count trend for Varun Beverages
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Varun Beverages's Competitors and alternates

Top competitors of Varun Beverages include MGP, Lucas Bols and Ardgowan Distillery. Here is the list of Top 10 competitors of Varun Beverages, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Varun Beverages
Varun Beverages
1995, Gurugram (India), Public
Company manufactures, distributes & sells of carbomated soft drinks
$133M
66/100
2nd
Logo for MGP
MGP
1941, Public
Manufacturer of distilled spirits and specialty wheat starches and proteins
-
-
51/100
3rd
Logo for Lucas Bols
Lucas Bols
1575, Amsterdam (Netherlands), Acquired
Processor of distilled spirits
-
49/100
4th
Logo for Ardgowan Distillery
Ardgowan Distillery
2016, Greenock (United Kingdom), Series A
Whiskey processing company
$15.9M
49/100
5th
Logo for Chareau
Chareau
2011, Los Angeles (United States), Acquired
Liqueur processing company
$608K
-
49/100
6th
Logo for Coca Cola Andina
Coca Cola Andina
1946, Renca (Chile), Public
Manufactures and markets non-alcoholic beverages
-
-
46/100
7th
Logo for IndoBevs
IndoBevs
2007, Delhi (India), Unfunded
Manufacturer of premium spirits, innovative gins, whiskeys, and flavored drinks
-
-
45/100
8th
Logo for Proximo
Proximo
2007, Jersey City (United States), Unfunded
Multi-category spirits processing company
-
-
45/100
9th
Logo for Yerbae
Yerbae
2017, Scottsdale (United States), Acquired
Provider of sparkling water processing services
$5M
44/100
10th
Logo for Casa Dragones
Casa Dragones
2009, San Miguel De Allende (Mexico), Acquired
Distilled spirits brand & processing company
-
44/100
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Varun Beverages's Investments and acquisitions

Varun Beverages has made 1 investments in companies including Everest Industrial. Varun Beverages has also acquired 4 companies including Twizza and Sbc Tanzania.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 21, 2025
Acquisition
2003
Cape Town (South Africa)
May 19, 2025
Investments
1981
Nov 12, 2024
Acquisition
2001
Dar es Salaam (Tanzania)
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See all acquisitions by Varun Beverages

Reports related to Varun Beverages

Here is the latest report on Varun Beverages's sector:

News related to Varun Beverages

lockFilter this list
Media has covered Varun Beverages for a total of 19 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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FAQs about Varun Beverages

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