JM Financial Private Equity invests INR 45 Crore in Clear Water/Energy Beverages

JM Financial Private Equity (the “Fund”) has finalized an investment of INR 450 mn in Energy Beverages (“Clear” or the “Company”).

Energy Beverages owns a fast-growing national bottled water brand, “Clear.” Founded by first-generation entrepreneur Nayan Shah, the Company has emerged to become a leading player in the HoReCa (hotels, restaurants & cafés) segment and is gaining a footprint in the retail market in India. Nayan Shah has over 18 years of experience in the beverage industry.

With a pan-India footprint, the Company is strategically expanding its distribution across the nation. Proceeds from the investment will support brand-building initiatives and enhance the existing capacities and distribution network of the Company.

Commenting on the investment, Darius Pandole, managing director and chief executive officer – Private Equity, JM Financial, said, “The Indian bottled water market is highly under-penetrated and fragmented, and we are witnessing a structural shift in consumption from the unorganized to the organized market, owing to factors like hygiene, and a general rise in health awareness in a post covid world. Clear has exhibited remarkable growth, securing a presence across the country. Backed by an experienced management team, Clear is poised to ascend and cement its position as one of the nation’s premier bottled water brands.”

Commenting on the capital raise, Nayan Shah, founder and chief executive officer, Energy Beverages, said, “At Clear, quality and innovation are pillars of our core philosophy. Pioneering vertical labelling and square-shaped bottles and introducing sustainable options demonstrate our commitment to innovation. Our company has witnessed exponential growth in the last three years, and we envisage an even more accelerated trajectory in the coming years. The capital infusion and partnership with JM Financial Private Equity will help us fast-track our current and future expansion plans. Our focus is on crafting a preeminent bottled water brand synonymous with trust and quality.”

This is the fifth investment from the Fund III, and is in line with its stated strategy of investing in growth–oriented companies in the mid-market space.

👉 Join Online Classes for FSSAI technical office, Food analyst and Food safety officer exam preparation

🔊 Be Aware, We never charge any consultancy fee for jobs.

📲 Foodtech Network WhatsApp Jobs Group
🔗 WhatsApp Groups
📈 Food Entrepreneurs & Startups (Our services)
🔗 https://bit.ly/3JDyPIN

Leave a Reply

Your email address will not be published. Required fields are marked *

adana escort , adıyaman escort , afyon escort , ağrı escort , aksaray escort , amasya escort , ankara escort , antalya escort , ardahan escort , artvin escort , aydın escort , balıkesir escort , bartın escort , batman escort , bayburt escort , bilecik escort , bingöl escort , bitlis escort , bolu escort , burdur escort , bursa escort , çanakkale escort , çankırı escort , çorum escort , denizli escort , diyarbakır escort , düzce escort , edirne escort , elazığ escort , erzincan escort , erzurum escort , eskişehir escort , gaziantep escort , giresun escort , gümüşhane escort , hakkari escort , hatay escort , ığdır escort , ısparta escort , istanbul escort , izmir escort , karabük escort , karaman escort , kars escort , kastamonu escort , kayseri escort , kilis escort , kırıkkale escort , kırklareli escort , kırşehir escort , kocaeli escort , konya escort , kütahya escort , malatya escort , manisa escort , maraş escort , mardin escort , mersin escort , muğla escort , muş escort , nevşehir escort , niğde escort , ordu escort , osmaniye escort , rize escort , sakarya escort , samsun escort , şanlıurfa escort , siirt escort , sinop escort , şırnak escort , sivas escort , tekirdağ escort , tokat escort , trabzon escort , tunceli escort , uşak escort , van escort , yalova escort , yozgat escort , zonguldak escort , kadıköy escort , şişli escort , tuzla escort , bornova escort , didim escort , serdivan escort