Rock Paper Rum Raises Rs 50 Lakh Funding from Vineeta Singh

• ByStartupStory     |    March 20, 2024

Rock Paper Rum, a burgeoning craft-rum brand, has secured a significant investment of Rs 50 lakh from Vineeta Singh, the esteemed Co-founder and CEO of SUGAR Cosmetics and a prominent judge on Shark Tank India. This infusion of capital marks another milestone in the brand’s journey towards expanding its presence and offerings in the craft spirits market.

Previously, Rock Paper Rum had successfully raised seed funding amounting to Rs 4.5 crore, with Mumbai Angels leading the round. Other notable investors participating in the seed funding included GSF, Anay Ventures, Ekcle Ventures, Faad Network, and Good Barrel Distillery, the parent company of Rock Paper Rum.

Lali Kalani, the Founder of Rock Paper Rum, expressed enthusiasm about the recent investment, stating, “Our selection of rum caters to the modern drinker who is just beginning their journey into the world of craft liquors, as well as those seasoned drinkers in search of unique and refreshing choices. Shark Tank India was an incredible platform to gain national exposure and showcase our commitment to sustainable growth.”

Follow Startup Story