Malaki is a premium Indian beverage brand founded in 2018 by Ashish and Mohit Bhatia, offering drinks like alkaline water and spiced ginger ale
The company uses local ingredients and is available in over 500 establishments, including online marketplaces
Malaki's unique glass beverages contain only 1 calorie per bottle and are served on Singapore Airlines in business class
The Indian beverage market is estimated at 150 crores; Malaki generated ₹42 lakhs in sales last month
Their sales are split into 40% ginger ale, 30% tonic range, and 30% sparkling water, with 95% of sales coming from Mumbai
They projected a revenue of ₹9 crores for FY 22-23, up from ₹1.5 crores in FY 20-21 and ₹2.7 crores in FY 21-22
The company has a 56% gross margin, selling products with an MRP of ₹35 to retailers for ₹25, with production costs around ₹11
After appearing on Shark Tank India, Malaki secured ₹50 lakhs for 3% equity, and they continue to grow with over 10,000 Instagram followers