33&Brew Raises INR 20 Cr in Series A Round Led by Optimistic Capital

33&Brew Raises INR 20 Cr in Series A Round Led by Optimistic Capital

33&Brew Raises INR 20 Cr in Series A Round Led by Optimistic Capital
Optimistic Capital’s INR 200 crore fund has invested INR 30 crore so far with the remaining INR 170 crore planned for deployment over three years in brewing, bottling and kegging.


Optimistic Capital, an INR 200 crore fund focused on India’s craft beer industry, has announced its first investment with funding into Bengaluru-based microbrewery 33&Brew. The fund, which is dedicated exclusively to the microbrewery sector, also said it plans to back two more microbreweries in Karnataka with a focus on central Bengaluru.

As part of its initial commitments, Optimistic Capital has invested INR 30 crore so far. The remaining INR 170 crore is expected to be deployed over the next three years across brewing and allied operations such as bottling and kegging. The firm follows an owner-operator model and is supported by investors from India as well as the Middle East and Africa.

33&Brew has raised INR 20 crore (around USD 2.2 million) in a Series A funding round led by Optimistic Capital. The funds will be used for construction and expansion, the company said in a statement.

Founded in 2024 by Karthik Chandrasekaran, 33&Brew positions itself as India’s first vinyl-themed microbrewery. The outlet combines craft beer with a curated collection of vinyl records, referencing the 33⅓ RPM format. According to the company, guests are encouraged to select and play records during their visit, creating a personalised music experience alongside food and beverages.

The microbrewery offers a progressive Indian menu with global influences and was conceptualised in collaboration with chef Sabyasachi Gorai. In addition to beer, the venue serves signature cocktails and a curated food selection.

Optimistic Capital said its upcoming investments will involve partnerships with MasterChef winners and internationally recognised brewers. The fund focuses solely on the craft beer segment and provides structured investment opportunities for both retail and institutional participants, as competition and consumer interest continue to grow in India’s microbrewery market. Industry observers note Bengaluru remains a key hub for experimental brewing.

Entrepreneur Blog Source Link This article was originally published by the Entrepreneur.com. To read the full version, visit here Entrepreneur Blog Link
Subscribe Newsletter
Submit your email address to receive the latest updates on news & host of opportunities