Private Equity Angel Investments
Proost Beer bags Rs.30-Cr from Chimes Group, angel networks
Source Proost Beer (opens in a new tab)Inc42 (opens in a new tab)
Delhi-based Proost Beer has raised INR 30 crore (around USD 3.5 million) as a part of its ongoing Series A funding round led by the Gurgaon-based Chimes Group with participation from Hyderabad Angels, The Chennai Angels and a host of high net worth individuals (HNIs).The new funds will be used to boost its supply chain and product stack and to scale up the brand.Proost Beer was founded in 2017 by Vijay P Sharma and Tarun Bhargava. Its products include ‘White Ale’, ‘Mild Lager’ and ‘Domestic Strong’.