Hotline: 1800 102 2007
X
Search Business Opportunities
Dec, 02 2014

Soul Tree launches campaign to raise 350,000 pounds

Soul Tree is also planning to spread its distribution network across 10,000 Indian restaurants in the country over the next three years as Indian wine is new in that market.

Soul Tree, the UK based Indian wine company has launched a campaign to raise 350,000 pounds through an online crowd-funding platform, reported ET.

“The company seeks to raise around 350,000 pounds for 16.5 per cent of the business on the crowd-funding platform Crowdcube and has already raised 30 per cent of the target, or 107,000 pounds from 47 investors within weeks of launching the campaign,” said, Alok Mathur, Co-Founder.

Mathur also claimed that the brand has proved to be popular internationally, with investments coming from countries like Australia, India, Singapore, Dubai, and the UK.

Soul Tree is also planning to spread its distribution network across 10,000 Indian restaurants in the country over the next three years as Indian wine is new in that market.

"The UK market alone has more than 10,000 Indian restaurants and sells millions of Indian takeaways each week. Soul Tree wines not only complement, but enhance spicy cuisines and the sector has huge, almost untapped, potential," added, D'Souza, Founder.

"The wines are already breaking into the mainstream with Michelin star restaurants and some great boutique hotels embracing the wines," he added further.

The brand currently specialises in two reds, a white, a rose, an oak-matured reserve, and a sparkling wine.

Comment
Related opportunities
  • After School Activities
    Started in 2009, SportyBeans is India’s most reputed non-competitive multi-sport..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 1200-1500 sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Maharashtra
  • Beauty Salons
    Studio99 – Unisex Salons & Spa A journey from Coffee Shop..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Multi Cuisine Restaurant
    About:CELEBRATIONz by Exciton Hospitality is conceptualized to offer an amazing..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 1 Cr. - 2 Cr
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Ice creams & Yogurt Parlors
    About: IceBreakers is a popular ice cream parlor that was conceptualized..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts