Liquor Store Investment Opportunities in Mumbai

- Innovative RTD alcoholic beverages redefining the better-for-you category in India. - Sparkling beverages available at ABV 5% and 10%, containing only 100 to 200 calories, respectively. - Introduction of a new sub-category in the Indian alco-bev industry, catering to conscious consumers. - Commitment to delivering a revolutionary drinking experience with quality as a top priority. - Focus on providing easily accessible, delicious, and low-calorie beverages. - Achieved ~20L monthly recurring revenue (MRR) in just 5 months. - Successful sale of 625 cases across Mumbai. - Presence in 150+ outlets across Mumbai, including wine shops and HoReCa (Hotel, Restaurant, Cafe). - Strong positive customer feedback with a high repeat purchase rate. - Impressive 70%+ conversion rate post-tasting. - Product offering includes 2 variants with 3 flavors per variant. - Lime, Mango, and Raspberry flavors are available in the 5% variant at INR 150. - Lime, Mango, and Raspberry flavors are available in the 10% variant at INR 180. - Ingredients include sparkling water, alcohol from fermented honey, and natural flavors. - Gluten-free product with only 2 grams of sugar and 100 calories (200 calories for 10% variant). - No sweeteners or concentrates are used in the manufacturing process. - Company is operating at breakeven at the moment. - Manufacturing details will be disclosed after the introduction.

- The startup has received a soft commitment from the team behind Zerodha. - Alco-Bev discovery, delivery, and experience platform. - Deliveries are ongoing in Maharashtra. Recently secured a delivery license for West Bengal as well. - Company combines the traditional distribution system with direct-to-consumer e-commerce. - 100,000+ app downloads on Google PlayStore. - Reached 90% area coverage in Mumbai and Thane. - INR 29 crore of sales in the last 20 months with an average order value of INR 2,100. - There is a slight dip in sales because of the Covid pandemic. - Founders: after waiting for a decade, the sibling founders used a perfect window to kickstart their venture in May 2020. They aim to build India’s first experiential full-stack marketplace for Alco-Bev. - One of the founders is a 2x founder and was successful in bootstrapping his last venture which is currently valued at USD 15 million, with offices in the US, EU, and India. - The other founder is a seasoned technologist with experience in large-scale system design, product management, and digital transformation. - They are open for the first fundraising to enhance product capabilities, accelerate growth and expand markets. - This transaction is being handled by an advisor based in Mumbai.