Barneys Hard Seltzers

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Barneys Hard Seltzers - overview

Established

2020

Location

Noida, Uttar Pradesh, India

Primary Industry

Consumer Products

About

Barbrew Beverages Private Limited, located in Noida, India, specializes in producing innovative alcoholic beverages, including their flagship product, Barneys Hard Seltzers, aimed at health-conscious consumers seeking alternatives to traditional alcoholic drinks. Founded in 2020 in Noida, India, Barbrew Beverages Private Limited focuses on producing hard seltzers. The company was co-founded by Gaurav Sharma and Ruchi Gupta, who bring their expertise to the beverage industry. Barneys has completed three investment deals to date, with the most recent deal occurring on June 26, 2023, where they raised USD 500,000 in venture funding from ah!


Ventures, totaling USD 500,000 raised overall. Barneys Hard Seltzers, crafted by Barbrew Beverages, offers a low-calorie, zero-sugar alternative to traditional alcoholic beverages such as beer and wine. The product is formulated using premium ingredients to ensure quality and targets a demographic of health-conscious young adults and professionals. Barneys markets primarily within India and aims to provide refreshing options suitable for various social occasions.


In 2023, Barbrew Beverages reported a revenue of USD 119,422. 10, with an EBITDA of USD -153,740. 70 for the same year. Following their recent funding of USD 500,000 in June 2023, Barbrew Beverages aims to enhance their product offerings and expand market reach.


They plan to introduce new flavors of Barneys Hard Seltzers and explore entry into additional geographic regions to diversify their market presence. Specific details regarding the launch of new products and targeted regions for expansion have yet to be disclosed.


Current Investors

ah! Ventures, U. B. Cotton Private Limited, Akshaya Vinimay Pvt. Ltd.

Primary Industry

Consumer Products

Sub Industries

Alcoholic Beverages

Website

www.barneys.co.in

Company Stage

Angel & Seed

Total Amount Raised

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