Malaki, a premium beverage brand, has raised ₹5.7 crore in its seed funding round led by Venture Catalysts, an early-stage investment platform, that has previously supported prominent consumer startups like Beardo, Pee Safe, and BharatPe.
The round also saw participation from MAARC Ventures and the Dadachanji Family Office.
The fresh funds raised will be used to expand into new markets, strengthen its online presence and amplify its sustainability initiatives. The company plans to leverage this funding to enhance distribution channels and expand consumer reach through digital commerce.
Founded in 2020 by Mohit Bhatia and Ashish Bhatia, Malaki offers a premium range of beverages. The brand combines global beverage trends with sustainable practices, offering high-quality products packaged in sustainable glass bottles. The brand portfolio includes tonic waters, alkaline waters, sparkling waters, and ginger ales.
Malaki has established an impressive footprint with over 500 premium HORECA outlets, partnering with leading hospitality brands such as Singapore Airlines, Ritz Carlton, and Hyatt and rapidly built an impressive footprint across premium hospitality chains (HORECA) in Mumbai, Pune, and Goa.
It is now gearing up to launch in major metro markets including Delhi NCR, Hyderabad, Jaipur, and Bengaluru.
Mohit Bhatia, Co-founder, Malaki said, “Malaki was born from our belief that Indian consumers deserve world-class products crafted by homegrown brands innovating for a new generation. This isn’t just a better drink. It’s a reminder that India can lead, not follow. Invent, not imitate. And taste, without compromise to build the next iconic consumer brand, proudly stocked in every fridge.”
Ashish Bhatia, Co-founder of Malaki, said, “At Malaki, we’re building a brand that stands for quality, innovation, and purpose. This round not only validates our vision but also equips us to scale faster across the country. With deep roots in a legacy family business, we understand the nuances of building long-term value in F&B, and we’re excited to bring a fresh perspective to hydration.”
Apoorva Ranjan Sharma, Co-founder, Venture Catalysts, said, “Malaki exemplifies innovation and sustainability in a rapidly growing premium beverage market. We believe strongly in the founders’ capabilities and see tremendous growth potential in their vision to create India’s next big consumer brand.”
Akshat Chhabra, Director, Maarc Ventures, said, “From our first interactions, it was clear that Ashish and Mohit have the passion and long- term vision to build something truly enduring. We believed in their conviction and were keen to support them and the Malaki team.”
