#Update 

New Delhi-based Medusa Beverages has successfully raised INR 56 crore in a Series A funding round, led by prominent investors including Amal N Parikh and Ashwin Kedia, along with contributions from Ramesh Damani and others from Singapore, the UK, and the UAE.

This financial boost will facilitate the brand's operational expansion and its goal of becoming an umbrella brand through strategic partnerships across the value chain.

Founded in 2017 by Avneet Singh, Medusa is recognized for its high-quality craft beers and claims to have a strong presence in Delhi, Punjab, Uttar Pradesh, Chhattisgarh, and Himachal Pradesh.  

The company plans to enhance its retail network and expand further into regions like Assam, Andhra Pradesh, and Haryana by the end of the fiscal year.  

Inspired by Greek mythology, Medusa combines unique taste profiles with eye-catching aesthetics to deliver a memorable beer experience, specializing in various Lager beers.

Avneet expressed enthusiasm for the future, emphasizing growth, innovation, and delivering quality products to consumers.   

Read the story:#MedusaBeverages #CraftBeer #StartupIndia #FundingRound #DelhiStartups #BeerLovers #IndianBrewery #InvestmentNews #CraftBeerIndia #Innovation
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