Malaki funding

 9Unicorns has invested an undisclosed amount of seed funding in Malaki which is a premium brand in the functional beverage space. 

Dharmesh Dalal, Partner at Inga Ventures, and Rahul Parekh, Director of Suraksha Realty also participated in the round. While the company has not disclosed the amount, sources state that the investment is over $125,000.

Launched by Ashish Bhatia and Mohit Bhatia, both coming from a family that has more than 60 years of experience in the F&B industry, Malaki strives to transform India’s functional beverage landscape. Since its inception in 2018, the brand’s luxury beverage offerings have received recognition both at home and overseas. Its unparalleled range of premium beverages includes 24-karat gold water, alkaline nutrient-rich drinks, zero-calorie tonics, sparkling vitamin beverages, and sparkling water from the Himalayas.

Commenting on the investment, Mohit Bhatia, Co-founder, Malaki, said, “Every generation has a voice, and we are representing ours by marrying technology and art to create products that delight. We are excited to partner with 9Unicorns and others who share our vision to build the next disruptive homegrown non-alcoholic beverage brand, made in India, for the world.”

Anuj Golecha, Co-founder of 9Unicorns stated, “The market for luxury dining and drinking products in India has a lot of white space that discerning brands with innovative products can capture. India’s functional beverage market alone is worth $5.9 billion and is growing at a CAGR of 21 percent. On the back of its swanky range of beverages and a strong founding team with unrivaled expertise under its belt, Malaki is disrupting this space and carving a new niche for itself. We are delighted to associate with a homegrown brand with global ambitions and are committed to guiding the founders towards placing India’s functional beverage industry on the world map.”

Besides setting its presence in India’s functional beverage space, the brand started exporting its premium, innovation-driven products to over four countries in a short period since its launch. 

Malaki is the single homegrown company to sponsor the Rolls-Royce club event in the UK in 2018 where the brand rolled out its first product. The brand has been awarded a quality mark for its beverages by Acque Minerali Academy (Italy).

Malaki has made the nation proud by becoming the only Indian brand to sponsor the Rolls-Royce club event. The latest funding brings huge opportunities for the company to lead the industry.

Shishir Gupta, Founder and CEO, StartupLanes

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