The investment values the beverage maker at Rs 2,800 crore, as per the reports, which cited the data from Regulatory filings
Known for its carbonated non-alcoholic drinks in local flavours, beverage maker Lahori has raised Rs 200 crore from Motilal Oswal Wealth in primary funding. The investment values the beverage maker at Rs 2,800 crore, as per the reports which cited the data from Regulatory filings.
The reports added that the latest valuation marks a threefold increase from its earlier valuation of Rs 900 crore in 2022. Motilal Oswal Wealth will be acquiring a seven per cent in Lahori for its primary investment, the reports highlighted.
Founders and existing investor Verlinvest may partially offload their stake, as per the reports. In the financial year 2024, the company marked a 47 per cent surge in its operating revenue to Rs 312 crore, the reports highlighted, adding that the net profit also registered a healthy increase to reach Rs 22 crore.
The company, which operates two manufacturing plants in Gujarat and Punjab, is working to set up another one in Uttar Pradesh. The reports emphasised that it will be using the fresh capital to expand its manufacturing capacity to eight million bottles per day from five million. The company has been tapping the quick commerce platforms to drive further growth.
