New Delhi, 11th March, 2026: Marking a celebration of entrepreneurship and excellence, Avneet Singh,Founder & CEO of Medusa Beverages, India’s fastest growing home-grown beer brand, was honoured with the Young Entrepreneur of the Year award at the recent Ambrosia Awards held at Le Meridien, Gurgaon. The recognition acknowledges Singh’s entrepreneurial vision and his role in building one of India’s notable new-age beer brands.
The Young Entrepreneur of the Year recognition at the Ambrosia Awards highlights emerging leaders who are shaping the future of their industries through innovation, business growth, and leadership.
Medusa Beverages, founded in 2017 with a vision to crack the perfect ABV and create a beer that feels as distinctive as the people drinking it. The company has crossed 156 crores+ revenue in the previous financial year and is now aiming to close to 200 crores in the current year. In FY25, the brand contributed approximately 5.4 lakh cases, and over 10% of market share in Delhi, reinforcing Medusa’s strong foothold in one of India’s most competitive beer markets.
“It is truly an honor to be recognised by prestigious platforms such as Ambrosia which constantly celebrates innovation & excellence within the industry. For us, this award goes beyond a moment of recognition, it helps amplify the journey and vision behind Medusa, allowing us to share the story of how the brand has evolved and connected with consumers.This award is a testimonial of all,” stated Avneet Singh, MD & CEO, Medusa Beverages.
The Ambrosia Awards ceremony at Le Meridien Gurgaon brought together prominent figures from across the alco-beverage industry, including distillers, brewers, importers, hospitality leaders and policymakers. The awards continue to recognize excellence across the Indian alcohol industry, celebrating both established brands and new, innovative products. The evening celebrated excellence across multiple categories, recognising achievements in product innovation, brand building, sustainability and leadership.
