ThirstKart to raise $10 million for its expansion programmes

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Beverage delivery app ThirstKart has planned to raise about $ 10 million (Rs 65 crore) in the next year to expand its services to all metro cities across the country.ThirstKart.com is an online beverage delivery portal founded by Rahul Pabreja. This portal enables a customer to pre-order their drink for a desired time and delivering it in time. It is owned by ThirstKart E Services Pvt.Ltd which is a Mumbai based private company incorporated in July 2015.The Directors of ThirstKart E Services Private Limited are Suvrat Khanna and Rahul Pabreja.

ThirstKart has already teamed up with leading beverage providers like Starbucks and Cafe Coffee Day at a store-manager level and is looking forward for an exponential growth within one year with establishing its presence in almost every metro city in the country. As an initiative of its advancement strategies, the company will foray within a month into Gurgaon where they will be providing beverages to corporate clients.

Pabreja proposed that the demand in this segment is huge as there are the only player in the beverage delivery market .He also added that their business is growing at a pace of 30 per cent per month which attracts many investors to invest with them. The company has already approached many  big venture capital funders  which has helped  many start-ups grow to multi-billion dollar companies to support them for their growth.

At present, ThirstKart serves about hundred drinks through their portal and the company is planning to take the number to around 700 within the next 8-9 months and reach more people across the country.

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