Proost Beer funding, investors and company details

Proost Beer is an emerging Liquor and Distilleries startup from Gurugram, working in the space of A premium yet affordable beer brand. Founded by Vijay Sharma, Tarun Bhargava.

Company: Grano69 Beverages Private Limited
Sector: Liquor and Distilleries
Location: Gurugram
Founders: Vijay Sharma, Tarun Bhargava
Total funding raised: ₹72 Cr

Company overview

Proost is a premium yet affordable beer brand that aims to be the go-to choice for the next generation of consumers by offering smooth, low-bitterness beers with high drinkability across strong and lager variants. Brewed entirely in India under Grano69 Beverages, it positions itself as a mass-premium challenger brand focused on quality, consistency, and value, with growing distribution across hundreds of cities and a strong retail-first presence.

Funding rounds

Latest round (Series A): ₹30.00 Cr. ($ 3.55 Mn), 2024-11-19. Investors: Chimes Group, Srinivasan Namala (Porus Laboratories), Hyderabad Angels Fund (HAF VC), The Chennai Angels
Past round (Pre Series A): ₹25.00 Cr. ($ 3.00 Mn), 2023-10-25. Investors: Finvolve, Hyderabad Angels Fund (HAF VC), Mumbai Angels, India Accelerator, Dev Punj, Chimes Group, The Chennai Angels
Past round: ₹8.50 Cr. ($ 1.03 Mn), 2023-07-26. Investors: Hyderabad Angels Fund (HAF VC), Finnvolve, Speed Fund, AngelList India, Dauble PTE, Dev Punj
Past round: ₹8.50 Cr. ($ 1.04 Mn), 2023-04-13. Investors: Speed Fund, Hyderabad Angels Fund (HAF VC), Getvantage, Finnvolve