Cracking India's Beverage Market with Beer & Kombucha | Ishan Varshnei(Latambarcem Brewers)
Founder Thesis · 2025-06-20 · 2h 1m
Episode notes
"Craft does not define size... craft is defined by technique, innovation, and quality." This insight from Ishan Varshnei challenges the common misconception that craft businesses can't scale. His scientific approach to brewing has proven that maintaining artisanal quality while achieving commercial scale is not just possible, but profitable. Ishan Varshnei is the CEO of Latambarcem Brewers, housing craft beer brand Maka Di and functional beverage brand Borécha. He has built a dual-brand beverage empire generating ₹30 crores annual run rate, with 80 lakhs monthly revenue from kombucha alone and 400% projected growth this year. After bootstrapping with ₹25 crores family funding for 4 years, he raised ₹12.5 crores in Pre-Series A and is targeting ₹500 crores revenue within 5 years. Ishan holds advanced degrees in Nanoengineering from UC San Diego and Materials Science from Columbia University, and previously worked as a Business Analyst at a Blackstone portfolio fund.
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