StopDownOpen the app

Funding · Commerce & Consumer Brands

3 Sisters Drinks raises ₹2.51 crore from independent investors

By ·

Date
Company
3 Sisters Drinks
What it does
Non-alcoholic beverages and contract manufacturing
Kind
Funding
Amount
₹2.51 Cr
Stage
seed
Founded
2021
Sector
Commerce & Consumer Brands

What they do

3 Sisters Drinks makes non-alcoholic beers and sodas under Adhar Beverages

What happened

It raised ₹2.51 crore from independent investors, with 10% from friends and family and 2% from a Dubai-based strategic investor

Why it matters

The company appeared on Shark Tank India but did not get funding on the show

The details

  • 3 Sisters Drinks appeared on Shark Tank India Season 5, arriving in an auto rickshaw, but did not receive funding on the show.
  • The company recently raised ₹2.51 crore from independent investors.
  • It diluted 12% equity: 10% from friends and family and 2% from a Dubai-based strategic investor.
  • Revenue for the last financial year was approximately ₹11.9 crore.
  • Expected revenue for the current year is approximately ₹26 crore, and the company remains profitable.
  • The funding will support capacity expansion, wider distribution, and operational improvements at the plant.

The bigger picture

  • Founders identified a gap in the Indian market: limited options like cola or energy drinks, and demand for social drinking without alcohol, especially among Gen Z and millennials.
  • Biggest challenges include building a distribution network, reaching the right outlets, and educating the market about the concept.
  • The founders describe their approach as steady rather than aggressive, focusing on production efficiency, margins, and building demand market by market.

About the business

  • 3 Sisters Drinks operates under Adhar Beverages Private Limited, founded in 2021.
  • It has a dual approach: builds and sells its own beverage brands, and does contract manufacturing for other companies.
  • It started with three flavors in the non-alcoholic beer category; the brand name 3 Sisters is derived from those three flavors.
  • It has expanded into multiple categories and SKUs over time.
  • Product range includes non-alcoholic beer flavors Cranberry and Kiwi Mint, and Indie Soda Classic Shikanji.
  • The company has a presence across several Indian states and exports to multiple international markets.
  • Repeat orders, both domestic and overseas, supported expansion.

What happens next

  • The recent funding will support capacity expansion, wider distribution, and operational improvements at the plant.

The deal

Type
seed

Investors

  • Friends and family (participated) — Invested 10% equity.
  • Dubai-based entity (strategic) — Invested 2% equity.

Founders

  • Sanjay Prasad Bari, co-founder
  • Akshay Solanki, co-founder
  • Nimish Solanki, co-founder
  • Manish Kanunga, co-founder

Other articles talking about it

Read it as a card in the app

Same day

All startup news on 24 February 2026 →