Malaki, a premium beverage startup, has raised ₹5.7 crore (around $669K) in a seed funding round led by Venture Catalysts, with participation from Maarc Ventures and the Dadachanji Family Office.
The Mumbai-based brand plans to use the funds to strengthen its presence in the quick commerce space, expand into premium hospitality sectors, and scale its Crystal Bottle product line.
It will also focus on enhancing its online channels, advancing sustainability initiatives, and boosting its reach across major metro cities including Delhi NCR, Hyderabad, Jaipur, and Bengaluru.
Founded in 2020 by Mohit Bhatia and Ashish Bhatia, Malaki offers a range of premium beverages like tonic waters, alkaline waters, sparkling waters, and ginger ales, all packaged in sustainable glass bottles.
The brand rose to greater prominence after featuring on Shark Tank India and is recognized for its patented Crystal Bottle design.
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Today, Malaki operates in more than 500 premium HORECA (Hotel, Restaurant, Café) outlets and has built partnerships with global brands like Singapore Airlines, Ritz Carlton, and Hyatt in markets such as Mumbai, Pune, and Goa.
Venture Catalysts, which has previously backed companies like Beardo, Pee Safe, and BharatPe, sees significant growth potential in Malaki, especially as the Indian premium beverage market continues to expand with rising consumer demand for healthier and more sustainable options.
