VC Fund Investments
Jimmy's Cocktails raises Rs.11-Cr from Prath Ventures, others
Gurugram-based startup, Radiohead Brands, maker of Jimmy's Cocktails, has raised INR 11 crore led by Prath Ventures. The round also saw participation from Vijay Shekhar Sharma of PayTM and Neel Bahl and from existing investors Keki Mistry (HDFC), 7Square Ventures, Vishesh Khurana (Shiprocket), Vidur Talwar (T&T Motors) and Anirudh Somani (CLSA). The company is looking to raise INR 15 crore more as part of the same round. Currently, 10 SKUs of Jimmy's Cocktails are available at 20,000 outlets in 50 cities.
From the Venture Intelligence PE-VC Deal Database: Jimmy's Cocktails had raised INR 14 crore in March 2022 in an investment round led by Roots Ventures. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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