Latambarcem Brewers, a craft brewery startup has successfully secured $1.5 million (approximately Rs.12.5 crore) in a Pre-series A funding round. The significant funding round was co-led by SPV, Dhruv Agarwala, Sheba Venture Holdings and many others.

Co-established in the year 2017 by the brothers Aditya Ishan Varshnei & Anish Varshnei, LB Brewers functions under an all-rounded strategy including manufacturing, product development, supply chain and brand image building. Also, the platform presents two key brands namely Maka Di and Borecha. Maka Di offers a wide array of unique craft beers. In contrast, Borecha is a practical beverage brand presenting a collection of health forward beverages with a main product called probiotic kombucha.

As per the startup based in Goa, the company provides many other products such as Bavarian Keller, Super Maka, Belgian Triple and many others. The company privileges that its health-concentrated beverage has earned a momentous attention with a collaboration with Air India Express and Akasa Air, building it the first kombucha and glittering iced tea catered on an Indian airline.

Regarding this, Latambarcem Brewers states that it has extended its scope to the various global markets such as the US, Canada, UAE and many others. Also the startup plans to enter its footprints in European countries in this year. The company is expecting Rs.300 crore revenue per annum within the next three years.

In a press release, LB Brewers The freshly raised funds will lift its presence and growth in order to strengthen its position as a market leader in the space of organic beverage.