Company Intelligence Profile
Euphoric Beverages Private Limited
Euphoric Beverages Pvt Ltd is a Bengaluru-based alcobev startup that manufactures and markets "obe Cocktails" (also styled O'Be Cocktails) — India's ready-to-drink (RTD) craft canned cocktails at 8% ABV, marketed under the tagline "Pour | Garnish | Drink #allmixedup".
Last updated 4 August 2026
Euphoric Beverages Private Limited, based in Bengaluru, manufactures and markets "obe Cocktails," ready-to-drink craft canned cocktails with 8% ABV. In FY2024, the company reported revenue of approximately ₹4.32 crore, reflecting a 6% year-over-year decrease. Despite its small scale, the company is expanding into new markets with backing from Inflection Point Ventures in a pre-Series A round.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Euphoric Beverages
Deeper analysis, financial signals and peer comparisons.
Company Identity
| Registered name | Euphoric Beverages Private Limited |
|---|---|
| CIN | U15134KA2019PTC125071 |
| PAN | AAFCE5205K |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 10 June 2019 |
| ROC | RoC Bangalore / Karnataka |
| Sector (NIC) |
|
| Registered address | No. 14, 3rd Floor, Tamarai Kannan Road, Murphy Town, Ulsoor, Bangalore, Karnataka - 560008 |
| Authorized capital | ₹1.9 lakh |
| Paid-up capital | ₹1.5 lakh |
Business Overview
Euphoric Beverages Pvt Ltd is a Bengaluru-based alcobev startup that manufactures and markets "obe Cocktails" (also styled O'Be Cocktails) — India's ready-to-drink (RTD) craft canned cocktails at 8% ABV, marketed under the tagline "Pour | Garnish | Drink #allmixedup". Founded by Nitesh Prakash. Recognised as a DPIIT startup. EPFO employee count reported as ~4, indicating a very small team/early-stage operation.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Nitesh Prakash | 08476515 | Director | 10 Jun 2019 |
Financials
- FY2024 (year ended 31 Mar 2024), standalone (small pvt co, no indication of consolidation): Revenue ≈ ₹4.32 crore, down ~6% YoY. EBITDA and PAT absolute values were paywalled on both sources ("Locked"/"Restricted")
- Tofler's ratio panel (not raw figures) shows: Net Profit Margin -5.71% (implying a net loss), Operating Margin 8.08%, Gross Margin 0.04, Return on Equity -382.49%, Net worth down -41.8% YoY, Total Borrowings up +39.83% YoY, Debt-to-Equity 3.35, Total Assets up +12.01% YoY. These ratios suggest a thin/near-zero or negative net worth base (consistent with the tiny ₹1.5 lakh paid-up capital) amplifying the ROE figure — treat absolute rupee financials beyond revenue as "not obtained" (paywalled), ratios as partial/indicative only
Funding
- Pre-Series A round from Inflection Point Ventures (lead investor), amount undisclosed; reported via The Startup Lab India / LinkedIn post (~2023, exact date not confirmed) as "obe Cocktails raises an undisclosed amount." Stated use of funds: hiring talent and expanding into new markets
- Tracxn lists company/brand legal-entity and company pages but detailed round terms were not accessible
- No other funding rounds found in sources checked
Charges / Loans
- No registered charges/secured borrowings found
- Confirmed independently by two sources: Tofler ("the company has no registered charges") and Falconebiz ("Open Charges: None", "Secured Borrowings: None")
- Note: this is inconsistent-looking alongside the ratio-panel's "+39.83% total borrowings YoY" — likely reflects unsecured borrowings/related-party loans not requiring charge registration; flagged as a data nuance rather than resolved fact
Legal (Indian Kanoon)
No matching cases found on Indian Kanoon for "Euphoric Beverages Private Limited" (0 results).
Competitors
- Direct India RTD-canned-cocktail category is nascent/fragmented; named peers identified with low confidence from general market context (not entity-verified in this session): (1) Diageo India / United Spirits — Smirnoff-branded RTD/hard-seltzer lines, large-scale MNC subsidiary
- (2) Radico Khaitan — vodka-based RTD range, large listed Indian spirits major
- (3) Craft gin/premium spirits peers often grouped in the same "new-age Indian alcobev startup" conversation: Nao Spirits & Beverages (Hapusa, Greater Than) and Stranger & Sons (Third Eye Distillery) — similar early-stage/craft positioning though different product form (gin, not RTD cocktails)
- Caveat: a comprehensive, verified list of India-specific RTD craft-cocktail-only competitors could not be confirmed via available sources this session; treat this list as indicative/partial, not a confirmed competitive set
Frequently Asked Questions
What does Euphoric Beverages Private Limited do?
What is the CIN of Euphoric Beverages Private Limited?
Where is Euphoric Beverages Private Limited registered?
When was Euphoric Beverages Private Limited incorporated?
Recur Market
Which lenders fit a company like Euphoric Beverages Private Limited?
Answer a few questions about your business and see which banks and NBFCs match, with indicative rates.
More on Recur Club
Recently added companies
Lenders on Recur Club
Explore on Recur Club
More from Recur Club
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.