Lahori, the Punjab-based beverage company best known for its Zeera-flavored drink, has secured Rs 200 crore in fresh funding from Motilal Oswal as part of its Series B round. The deal gives the investment firm a 7.14% ownership stake in the brand.
According to Entrackr, this latest investment pegs Lahori’s valuation at a robust Rs 2,800 crore. To close the deal, Lahori issued 4,997 shares to Motilal Oswal, each priced at Rs 4,00,252.
Continue Exploring: Lahori Beverages Nears ₹450 Crore Fundraise as Valuation Soars to ₹2,500 Crore – A New Challenger in India’s Booming Drinks Market
This capital infusion has slightly altered the company’s cap table. The founding team’s shareholding has come down from 76.21% to 70.76%, while Verlinvest, a Belgium-based investor, now holds 19.64%, down from 21.17%.
Lahori has been on a steep growth curve. For FY24, it clocked Rs 312 crore in revenue—a 47% jump from the previous year. Even more impressive was the profit spike: a 300% increase, bringing it to Rs 22.5 crore.
The company’s CEO, Saurav Munjal, is optimistic about FY25, projecting revenue to touch Rs 500 crore, as per the Entrackr report.
Continue Exploring: “Kuch Nahi Hoga”—Anupam Mittal Challenges This Dangerous Mindset in Policy Bazaar’s New Ad
Lahori’s product lineup currently includes six unique flavors—besides the signature Zeera, there’s Nimbu, Imli Banta, Shikanji, Kaccha Aam, and Gimboo. Already a familiar name across North India, the brand is now setting its sights on expanding into the East and West. To support this next phase of growth, Lahori aims to raise a total of Rs 450 crore through its Series B round.
