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Nov, 28 2018

Brewhouse secures $2 million funding from Singapore based firm

Brewhouse has received $2 million funding from Singapore-based FMCG Group Food Empire Holdings, Positive Food Venture Pvt Ltd.

Brewhouse, the maker of bottled ice tea brand, has received $2 million funding from Singapore-based FMCG Group Food Empire Holdings, Positive Food Venture Pvt Ltd.

In November 2017, Food Empire Group had invested $6,00,000 in Positive Food Ventures. The group is operational in more than 24 countries.

Siddharth Jain, Founder of Brewhouse, said, "At Brewhouse, we are passionate about providing a better-tasting and healthier beverage option to consumers who are looking for alternatives to soft drinks. Currently, we are present at over 2,000 points of sale in major cities and are expanding our operation pan India. We plan to invest the loan amount from Food Empire Group towards expanding our reach to 10,000 points of sale in 2020 and to introduce newer and interesting variants."

Food Empire Group started operations in Delhi in May 2017. Recently, the brand expanded to more than 10 cities including Delhi, Chennai, Bangalore, Mumbai, Pune, Kolkata, Hyderabad, Jaipur, Chandigarh, Lucknow. It is retailing with over 300 restaurant & café partners.

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