Other Private Equity/Strategic Investments
Jimmy's Cocktails to raise $5-M to fund global expansion
Gurugram-based Radiohead Brands, which makes Jimmy's Cocktails mixers, is looking to raise USD 4-5 million to fund international expansion as well as augment manufacturing capabilities. Jimmy's Cocktails plans to enter global markets, including Australia, Africa and West Asia, even as it eyes expansion in the domestic market. Currently, its products are available in over 20 cities including Delhi, Mumbai, Kolkata, Bengaluru, Goa, Chennai, Pune, Hyderabad, Chandigarh and Guwahati.
From the Venture Intelligence PE-VC Deal Database: In Mar-21, Jimmy's Cocktails raised INR 6 crore from First State Stewart Asia Director Vinay Agarwal, HDFC Ltd CEO Keki Mistry and others.
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