2017
Bicholim (India)
Seed
Latambarcem Brewers (LB Brewers) is a Goa-based innovator disrupting India’s beverage landscape with its craft beer brand Maka di and functional drink line Borécha. The company merges global brewing craftsmanship with hyperlocal ingredients—like honey from Jim Corbett and Spanish Valencia oranges—to create premium, differentiated beverages. With products served on Air India Express and Akasa Air flights, LB Brewers targets ₹300 crore revenue within three years while championing sustainability and community employment.
1. Maka di Craft Beers
Flagship Variants: Belgian Triple (Lupulus Brasserie collab), Honey Ale (Jim Corbett honey), Bavarian Keller, Rosé Brut IPA (Nashik grapes).
Innovations: Oo-Long Blanche (oolong tea beer), seasonal sours, limited editions.
2. Borécha Functional Beverages
Kombucha: Low-sugar probiotic drinks (e.g., Ginger Ale, Rose Vanilla).
Iced Teas & Sodas: Sparkling iced teas (3 variants), zero-sugar functional sodas.
3. Bun*taa Vintage Sodas: Nostalgic Indian beverages (sub-brand).
1. Revenue Streams
Product Sales (100%): 60% non-alcoholic (Borécha), 40% alcoholic (Maka di).
2. Distribution Mix (FY24)
Quick Commerce: 30% (Blinkit, Zepto).
Institutional: 30% (airlines, hotels).
General Trade/Modern Retail: 20% (Haldiram’s, Amazon).
Exports: 20% (U.S., Canada, UAE).
Airline Partners: Air India Express, Akasa Air (exclusive kombucha/iced tea provider).
Retail Alliances: Haldiram’s (100+ outlets for Borécha Icey), Amazon, premium stores.
Global Brew Collaborations: Lupulus Brasserie (Belgium) for Belgian Triple.Jim and Dad’s Brewing (Taiwan) for Oo-Long Blanche.
European Expansion: Enter 11 countries by 2025; leverage new funding for market entry.
Product R&D: 10+ new beer styles annually; expand functional soda portfolio.
Capacity Scale-Up: Relocate non-alcoholic production to dedicated facility.
Regulatory Complexity: State-specific alcohol laws; FSSAI compliance for novel ingredients.
$1.5 Million
1
$1.5 Million, Pre series A
as of July 29, 2024
-
as of N/A
-
as of N/A
SPV Investments
and 1 more42
Proost
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
July 29, 2024 | Pre series A | $1.5 Million | - | - | - | SPV Investments, Sheba Venture Partners |