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Funding · Commerce & Consumer Brands

Peping raises ₹2.5 crore from IAN Angel Fund

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Date
Company
Peping
What it does
Functional beverages for modern consumers
Kind
Funding
Amount
₹2.5 Cr
Stage
seed
Based in
Bengaluru
Sector
Commerce & Consumer Brands

What they do

Peping makes low-calorie prebiotic fizzy drinks and probiotic digestive shots

What happened

It raised ₹2.5 crore in a seed round led by IAN Angel Fund

Why it matters

The funds will expand distribution, strengthen supply chain, and launch new flavours

The details

  • Peping raised ₹2.5 crore in a funding round.
  • The round was led by IAN Angel Fund, the evergreen fund of IAN Group.
  • Signal Ventures, Eleven Eleven, and other angel investors also participated.
  • The company will use the funds to expand distribution, strengthen the supply chain, and invest in brand building.
  • It also plans to launch new flavours of its functional beverages.

The bigger picture

  • Peping aims to offer a great-tasting, affordable, shelf-stable functional soda tailored to Indian preferences.
  • Unlike niche kombucha brands or child-focused probiotic drinks, Peping targets a broader adult audience.
  • The company has brought soda canning in-house to improve margins and quality control.

About the business

  • Peping builds functional beverages for modern Indian consumers.
  • Its products include low-calorie prebiotic fizzy drinks and probiotic digestive shots.
  • The sodas are for everyday drinking; the shots provide targeted digestive support.
  • It sells on Swiggy Instamart, Zepto, BigBasket, First Club, Namdhari’s, and Ratnadeep.
  • The brand is available in over 200 retail outlets across Bengaluru.
  • It also reaches customers through gyms, cafés, and corporate offices via catering partnerships.
  • Its production facility uses off-the-shelf components and in-house canning for better margins.

What happens next

  • Expand distribution across more retail outlets and online platforms.
  • Strengthen the supply chain and invest in brand building.
  • Launch new flavours of functional beverages.

The deal

Type
seed

Investors

  • IAN Angel Fund (lead) — The evergreen fund of IAN Group, an early-stage investment platform.
  • Signal Ventures (participated) — An angel investor network.
  • Eleven Eleven (participated) — An angel investor network.

Founders

  • Chirag Maheshwari, Co-founder
  • Prateek Maheshwari, Co-founder

About Peping

Product
Low-calorie prebiotic fizzy drinks and probiotic digestive shots designed for daily consumption
Customers
Health-conscious Indian consumers seeking functional beverages for digestive and daily wellness
How it makes money
D2C wellness FMCG brand with retail and online distribution
What sets it apart
Affordable, shelf-stable functional soda adapted to Indian preferences with dual format products

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