On-demand alcohol and booze retailing is on the rise globally, and VCs are bullish about the market opportunities
On-demand wine and alcohol delivery industry is growing globally, especially in China. In December, BottlesXO, a mobile app-based on-demand ready-to-serve wines delivery startup based in Shanghai, expanded to Hong Kong. Recently, smart wine dispenser Kuvee secured US$6 million funding round led by General Catalyst and Founder Collective.
In fact, the alcohol space, as a whole, has witnessed a good amount of investments, especially towards startups catering to online retail.
Bangalore-based startup discovery platform Tracxn brings you an infographic on the 10 alcohol startups that have received the most funding:
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