Polka Pop, a sparkling water brand that aims to disrupt the beverage industry with its unique flavors and sustainable packaging, has announced a successful pre-seed funding round. The round was led by ABC Ventures, a prominent investment firm, with participation from angel investor Amit Shah. The funds raised will be used to fuel the company’s growth and expansion plans.
“We are thrilled to have secured pre-seed funding from our investors, led by ABC Ventures and supported by Amit Shah,” said Rahul Gupta, co-founder of Polka Pop. He further added, their belief in our vision and product has been invaluable, and we are excited to take Polka Pop to the next level.
Polka Pop plans to utilize the funds raised to achieve a target sale volume of 1 lakh plus bottles in a month, read the press release. Gaurav Khemka, founder and chief executive officer, Polka Pop said, “At Polka Pop, we are working on building a clean beverage brand where taste and health go hand-in-hand. I would like to thank the angels for believing in our mission right from the start”.
The angel investors include Atishe Chordia (Founder of Doodleblue Innovations), Senthil Natarajan (Managing Partner at Kovai Pazhamudir), Parasar Sarma (former growth leader at Wakefit), and Shikha Gupta (Managing Director of Life Fitness India), Premnath K (Founder & Director, Blue Band Sports Ltd), among others.
Rajeev Sharma, lead investor, and partner at ABC Ventures expressed his enthusiasm for Polka Pop’s innovative approach, stating, “We see great potential in Polka Pop’s unique offering of sparkling water with real flavors and sustainable packaging. Rahul and his team have a deep understanding of consumer preferences and have created a product that resonates with health-conscious and eco-conscious consumers”.
Polka Pop was founded by Rahul Gupta, an Indian entrepreneur with a passion for healthy and delicious beverages. The brand’s sparkling water is made with real ingredients and comes in a variety of refreshing flavors, such as Lemon Lime, Raspberry Rose, and Orange Mint. What sets Polka Pop apart is its commitment to sustainability, as the brand uses multi-layered packaging made from recycled materials, helping to reduce environmental waste.
Angel investor Amit Shah also shared his excitement about supporting Polka Pop, stating, “I believe in Polka Pop’s mission to provide consumers with healthy and sustainable beverage options. The team’s commitment to creating a high-quality product using recycled packaging aligns with my values, and I am confident in their ability to disrupt the sparkling water market”.
Polka Pop’s successful pre-seed funding round is a testament to the brand’s innovative approach and market potential. With the support of investors, the company aims to further establish itself as a leader in the sparkling water segment, offering consumers a healthy and sustainable alternative to traditional carbonated beverages.
