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By Nithyakala Neelakandan
Published on March 24, 2024
Rock Paper Rum, the premium craft-rum brand, is making waves with its recent infusion of funding from none other than Shark Tank judge Vineeta Singh, Co-founder and CEO of Sugar Cosmetics. This investment marks a significant milestone in the brand's journey toward expanding its presence in the craft spirits market.
With a successful seed funding round totaling INR 4.5 crore led by Mumbai Angels, along with support from notable investors like GSF, Anay Ventures, Ekcle Ventures, Faad Network, and its parent company Good Barrel Distillery, Rock Paper Rum is set to embark on an exciting new phase of growth.
Founder Lalit Kalani expressed his excitement about the partnership, stating, "Our aim is definitely to become one of the leading rum brands for the new age Indian consumer." This strategic funding not only provides the brand with the necessary resources for expansion but also brings onboard valuable mentorship from industry experts like Vineeta Singh.
Rock Paper Rum's innovative approach and commitment to quality have captured the attention of investors and consumers alike. With enticing flavor profiles such as Indian Spiced, Coastal White, Zesty Lemon, Roast Coffee, and Tropical Coconut, the brand caters to both novice drinkers exploring the world of craft liquors and seasoned enthusiasts seeking unique experiences.
Looking ahead, Rock Paper Rum plans to utilize the funding to double its production capacity, expand into key markets such as Goa, Haryana, and Karnataka, and explore international opportunities. The brand's dedication to innovation and commitment to excellence position it as a formidable player in the ever-evolving craft spirits landscape.
As Rock Paper Rum continues to raise the bar in the industry, it remains dedicated to delivering exceptional quality and unforgettable experiences to rum aficionados worldwide. With the support of strategic investors like Vineeta Singh, the brand is poised for even greater success in the days to come.
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