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Functional Beverage Startup Peping Raises ₹2.5 Crore from IAN Angel Fund

Functional Beverage Startup Peping Raises ₹2.5 Crore from IAN Angel Fund

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Peping, an emerging FMCG startup has raised ₹2.5 crore in a funding round led by IAN Angel Fund, with participation from a group of angel investors. The fresh capital will help the young brand strengthen its distribution network, invest in marketing, improve supply chain operations, and introduce new flavours as it expands its presence in India’s growing functional beverage market.

Founded by Chirag Maheshwari and Prateek Maheshwari, Peping is building a brand around beverages that combine taste with everyday health benefits. The startup focuses on drinks designed to support digestive health while remaining convenient and accessible for regular consumption.

Creating Everyday Drinks with Functional Benefits

Peping’s product line currently includes low-calorie prebiotic fizzy drinks and probiotic digestive shots. These beverages are designed to support gut health while offering a refreshing taste that can appeal to a wide group of consumers.

The founders are attempting to move functional drinks out of the niche wellness category and into everyday consumption. Instead of positioning such products as specialised health items, Peping is developing beverages that people can easily include in their daily routines. The goal is to offer a healthier alternative to traditional sugary carbonated drinks without compromising on flavour.

While the probiotic digestion shots are positioned as smaller, concentrated servings targeted at digestive assistance, the brand’s fizzy drinks are intended to be everyday refreshment options. The business is addressing various consumption moments throughout the day by providing both formats.

Also Read: FirstClub in advanced talks to raise $50-60 million as valuation jumps to about $250 million

Expanding Through Online and Offline Channels

Even at an early stage, Peping has started building a multi-channel distribution network. Its products are available through quick commerce and e-commerce platforms such as Swiggy Instamart, Zepto, and BigBasket, allowing consumers to access the drinks easily through online delivery services.

Additionally, Peping has started to increase its physical store presence. Currently, its products can be found at over 200 retail locations throughout Bengaluru. In addition to conventional retail establishments, the company has positioned its drinks in places including corporate offices, gyms, and cafés.

This mix of online platforms, retail outlets, and institutional partnerships helps the brand reach consumers in everyday settings, whether they are ordering groceries online or picking up a drink while working or exercising.

Building an Efficient Production Setup

Alongside distribution, Peping has focused on developing its own production capabilities. The company has set up a manufacturing facility and manages its soda canning operations in-house using off-the-shelf components.

Running these processes internally allows the startup to maintain tighter control over product quality while also managing operational costs more efficiently. For a young consumer brand, maintaining consistency in taste and production is critical as it scales its presence across different markets.

An in-house setup also gives the founders greater flexibility to experiment with flavours and improve the product as the brand grows.

Entering a Rapidly Growing Beverage Category

Peping is entering a segment of the beverage industry that is gaining significant momentum in India. Health-focused drinks, including functional beverages, are becoming increasingly popular among consumers who are looking for alternatives to traditional soft drinks.

Younger consumers in particular are paying more attention to ingredients and health benefits while choosing everyday food and beverage products. This shift in consumer behaviour has opened the door for new brands that combine wellness with convenience and taste.

Functional beverages, which offer additional nutritional or digestive benefits, are becoming one of the fastest-growing areas within the broader beverage market.

A Founding Team Focused on Product and Distribution

The founders of Peping contribute complimentary roles to the enterprise. Prateek Maheshwari is in charge of distribution, offline sales, and financial planning, while Chirag Maheshwari is in charge of production, branding, and online sales operations.

Two of the most crucial pillars of creating a consumer brand are represented in this separation of duties: creating a powerful product and making sure it reaches consumers effectively.

Peping is anticipated to concentrate on growing its market presence, fortifying its distribution networks, and continuing to create new flavors as it strives to make a name for itself in India’s developing functional beverage sector now that new finance has been obtained.

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