Non-alcoholic beverages maker Jimmy's Cocktails raises Rs.14-Cr led by Roots Ventures

Gurugram-based beverage startup Jimmy's Cocktails has raised INR 14 crore in a bridge round ahead of its Series A led by Root Ventures. 7Square Ventures and several startup founders via an AngelList led by Vishesh Khurana, co-founder Ship Rocket and Varun Alagh, co-founder Mamaearth also invested in this round. Existing investors Keki Mistry, vice-chairman and CEO, HDFC Ltd; Vidur Talwar, chairman, T&T Motors and Anirudh Somani, vice president, CLSA also participated in the round. The startup which offers low calorie non-alcoholic cocktail mixers, plans to use the funds to expand its geographical footprint, invest in brand awareness and launch new SKUs.