Marmalade | Makers of Brightside | ₹6 Cr / ~$680K (Seed)
Investorsync desk1 min read
Deal sheet
₹6 Cr
- Stage
- Seed
- Sector
- D2C
- Announced
- 9 September 2026
Founders: Udit Mediratta, Surojit Bhattacharya
Founded: 2025
HQ: Delhi
Sector: Alco-Bev / D2C Spirits
What they do
→ New-age spirits company building easy-drinking, flavour-forward alcohol for younger Indian consumers
→ Flagship brand Brightside is a craft whiskey made with Amrut Distilleries Private Limited and master blender Ashok Chokalingam
→ Blends malts and grain spirits with botanicals for a smoother, low-burn taste
→ Launched in Pune in January 2026, sold 18,600 bottles and ₹66.5L revenue in its first 90 days
The Funding
→ Raised Rs 6 Cr in a seed round
→ Backed by individuals: Ashok Chokalingam (Amrut Distilleries),
Robert Sellares (Don Q Rum family), Ishank Gupta (ex-AB InBev), and HomeLane founders Srikanth Iyer and Tanuj Choudhry
Why it matters
→ Achieved 85%+ distribution coverage in Pune within 90 days, with 70%+ repeat buyers
→ Targets ₹15 Cr ARR by December 2026, up from ₹5 Cr in September — 3x growth in under 4 months
→ Priced at ₹1,750/750ml, targeting the underserved ₹1,500–2,200 whiskey segment
→ Now expanding into Mumbai and Maharashtra as its next big market
Can a "younger" whiskey brand really shift India's deeply traditional drinking habits?
Source: company announcement. First posted on the Investorsync LinkedIn page.