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By Nishang Narayan
Published on March 11, 2025
Loca Loka, the Singapore-based AlcoBev company, has secured $12.5 million from undisclosed investors in a Singapore-based family office. This funding marks a significant milestone in the company’s journey, fueling research and development for new product innovations, expanding its global presence, and solidifying its position as a pioneering tequila brand.
Loca Loka is the brainchild of a dynamic trio:
Together, they have disrupted the tequila industry by merging craftsmanship, storytelling, and innovation to create a brand that resonates with global consumers.
Loca Loka made its debut in 2024 across the USA and Southeast Asia with two flagship products:
The brand quickly gained traction among tequila enthusiasts, blending the rich agave essence of Mexico with sweet and spicy notes inspired by Indian cuisine.
Harsha Vadlamudi, Founder and CEO of Loca Loka, emphasized the significance of the investment:
"This funding round represents a pivotal moment in our journey at Loca Loka. As we navigate the dynamic and rapidly evolving global tequila landscape, this strategic investment validates our vision and the incredible potential of our brand portfolio."
With the global tequila market projected to grow from $14.13 billion in 2024 to $15.83 billion in 2025, and an anticipated CAGR of 5.26% through 2030, Loca Loka is well-positioned to tap into this growth. In India, the market is expected to grow at an even faster rate of 12.69% from 2025 to 2033, highlighting immense potential for premium tequila brands.
Rana Daggubati, Co-Founder of Loca Loka, reinforced this vision:"At Loca Loka, our journey transcends traditional business metrics. Our success is a symphonic collaboration—driven by the brilliant minds shaping our brand every day. This funding brings in investors who share our passion for reimagining the global tequila landscape and turning market potential into tangible success."
Echoing the brand’s creative philosophy, Anirudh Ravichander, Co-Founder of Loca Loka, added:
"Money talks, but we're making it sing. With this infusion, we're turning up the volume on storytelling—where craft, music, and art collide to create something the world won't just watch, but feel."
Since launching in the USA in August 2024, Loca Loka has seen strong demand, expanding from its initial launch in Los Angeles, New York, and New Jersey to additional cities, including:
In Southeast Asia, the brand made its entry through Singapore, where the rising demand for premium spirits presents a promising opportunity for growth.
Loca Loka is set to expand further in 2025, entering key international markets, including:
Additionally, the brand will deepen its presence in the USA, targeting Las Vegas, Miami, and Washington DC. Loca Loka is also making strides into global Travel Retail (Duty-Free), aligning with its vision of becoming a widely recognized tequila brand worldwide.
Loca Loka is a joint venture between:
The brand brings together tradition and innovation, offering handcrafted tequila that celebrates its Mexican roots while appealing to global palates. With a focus on quality, authenticity, and cross-cultural storytelling, Loca Loka is redefining the tequila industry.
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By Manu Vardhan Kannan
Published on November 12, 2025
CYK Hospitalities, a leading F&B consultancy firm, has announced the grand opening of Thamel, a new Western and Himalayan fine-dining restaurant at AIPL Joy Central, Sector 65, Gurugram. This launch reflects CYK’s philosophy of creating beautiful F&B spaces that bring together authentic culture, aesthetic design, efficient operations, and thoughtful brand identity.
Founded by Piyush Agrawal, Thamel is a tribute to his deep admiration for the diversity of Himalayan cuisine and the sophistication of Western dining. The restaurant aims to bridge the soulful warmth of Himalayan flavors with the contemporary flair of global cuisine. CYK Hospitalities partnered with Agrawal throughout the journey, from conceptualization and design to menu planning, training, and location scouting—ensuring a seamless execution of his culinary vision.
Rooted in the philosophy of using locally sourced ingredients, Thamel stays true to Himalayan authenticity while embracing modern culinary techniques. Its extensive menu features a wide selection of Himalayan and Continental dishes, from momos and laphing to elegant Western specialties, complemented by artisanal coffee and an array of beverages. The dining experience captures the essence of Himalayan hospitality in a refined, modern setting.
Sharing his thoughts on the launch, Piyush Agrawal, Founder of Thamel, said, “Thamel is more than a dining establishment; it mirrors my emotions and passion for my roots. I want guests to experience the comforting essence of Himalayan cuisine served with elegance. CYK Hospitalities helped turn that dream into a reality, crafting a brand that feels both authentic and timeless.”
Adding to this, Pulkit Arora, Director and Culinary Expert at CYK Hospitalities, commented, “Every brand tells a story waiting to be unveiled. At Thamel, we’ve created a space that blends authenticity with flexibility, a destination that celebrates the legacy of cuisines while embracing their evolution.”
Further, Simran Jeet Singh, Director of CYK Hospitalities, said, “Thamel reflects the changing F&B landscape in India, where local identity meets global curiosity. Choosing AIPL Joy Central as the venue was a strategic move to attract the right audience and ensure strong visibility.”
With its blend of Himalayan soul and Western sophistication, Thamel promises to offer guests an unforgettable culinary journey and an elevated dining experience in the heart of Gurugram.
Bangalore’s love affair with great cocktails, bold flavours, and good times gets a stylish new address as CBD – Central Bar District, the city’s homegrown gastro-bar celebrated for its signature mixology and high-energy vibe, opens its second outlet in HAL, Bengaluru.
Set in one of the city’s most vibrant neighbourhoods, the launch drew Bangalore’s favourite faces who gathered to celebrate the next chapter of CBD’s journey. The brand, helmed by Ajit GS, Chef Gaurav Raghuvanshi, and Aman Dua under Crimson & Clover Hospitality Pvt. Ltd., continues to expand its growing portfolio which also includes Flo, Rasai, Café Del Sol, Bento Lab, Chat Chatore, and Curry Express.
Building on the success of its flagship space on Church Street, the new HAL outlet brings a renewed sense of style, sophistication, and community. Designed as a seamless blend of comfort and energy, it’s a destination that fits perfectly for both weekday unwinds and weekend celebrations.
“The love and loyalty we’ve received since opening our first outlet have been nothing short of phenomenal,” said Ajit GS, Founder of Crimson & Clover Hospitality. “From regulars who turned into friends to first-timers who became fans, it’s this community that pushed us to grow. With HAL, we wanted to bring the same soul but add a new vibe that reflects the neighbourhood’s pulse. This is just the beginning of our vision to create a CBD in every district, each with its own distinct character.”
At the heart of the new outlet lies an inventive culinary and bar program that balances familiarity with experimentation. The food menu, curated by Chef Gaurav Raghuvanshi, celebrates Indian comfort food with creative flair, featuring crowd favourites like Truffle Chicken Sliders and Korean Chilli Prawns, alongside exclusives such as Smoked Ghee Roast Tacos, Charred Burrata Flatbread, and Tandoori Quail. From Sindhi Aloo Tuk and Butter Chicken Puff to Jackfruit Biryani, each dish tells a story of innovation and nostalgia.
The bar, meanwhile, is designed as a canvas of emotion and memory. Each cocktail at CBD HAL reimagines familiar flavours in unexpected ways, from the “Revised Rasam”, a clarified reinterpretation of a South Indian classic, to bold signature creations like Kantara, CBD Gudbad, Rain Water, and Noon in Doon.
“We wanted the new CBD to be a sensory experience where every visit feels fresh and immersive,” said Aman Dua, Co-Founder and Beverage Director. “Our bar menu evolves with the food, blending timeless favourites with seasonal limited-edition cocktails that reflect Bangalore’s dynamic palate.”
Spread across three levels, CBD HAL offers a layered experience. The ground floor creates an intimate atmosphere anchored by a brass-and-wood bar; the first floor opens to breezy outdoor nooks perfect for al fresco evenings framed by a majestic Ficus Bonsai tree; while the top floor pays homage to old Bengaluru through its thotti mane-inspired architecture, seamlessly merging nostalgia with modern comfort.
The interiors balance industrial chic and warmth, featuring murals that celebrate Bangalore’s culture and humour, exposed brick walls, soft lighting, and plush seating, all adding to the relaxed yet refined vibe.
With this launch, CBD – Central Bar District continues its mission of redefining urban nightlife, merging craftsmanship with community, taste with tempo, and indulgence with intent. As the city raises a toast once again, CBD HAL promises an experience where every sip, bite, and beat captures the spirit of Bangalore.
Pricol Gourmet Enterprise ushered in the festive spirit with its much-awaited Annual Cake-Mixing Ceremony at DOU, Nungambakkam, celebrating the joyful onset of Christmas through an afternoon filled with cheer, aroma, and togetherness.
The event, aptly titled “DOU You Wanna Mix?”, brought together food enthusiasts, friends, and guests from across Chennai to partake in the age-old tradition of cake mixing, blending an assortment of dried fruits, nuts, and spirits that will soon transform into the signature Christmas confections of the season.
The afternoon radiated festive energy as Chennai’s favourite fashionistas, socialites, and well-wishers gathered to celebrate. The atmosphere brimmed with laughter, music, and the unmistakable warmth of the season, as guests enjoyed a spread of festive bites and refreshments thoughtfully curated by the talented DOU culinary team.
Speaking on the occasion, Chef Peter, Culinary Director – Pricol Gourmet Pvt. Ltd., said,
“The traditional cake-mixing ceremony marks the joyful beginning of the festive season, bringing together the rich aromas of fruits, nuts, and spirits. This cherished ritual celebrates togetherness, anticipation, and the sweet spirit of the holidays.”
With its perfect blend of flavour, camaraderie, and festive sparkle, “DOU You Wanna Mix?” beautifully set the tone for a magical Christmas season ahead, one filled with joy, unity, and the signature warmth that defines Pricol Gourmet’s celebrations.
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