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Thirst for growth as TABP pours Rs 26 crore into Bharat’s beverage boom

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MUMBAI: In a country where nimbu paani meets nostalgia and flavour fuels fortune, Coimbatore-based TABP Snacks and Beverages is bottling Bharat’s thirst, one sip at a time. The company, which turns beloved street-side drinks into hygienic, affordable, and ready-to-drink formats, has raised 3 million dollars (Rs 26 crore) in a fresh funding round led by LC Nueva, with participation from Entrust Family Office and investors Arun Mukherjee and Soumya Malani.

Founded in 2018 by engineer duo and husband-wife team Prabhu Gandhikumar and Brindha Vijayakumar, TABP has quietly brewed a niche for itself in the value beverage market. Think local favourites from rose milk to lemon soda but in standardised, safe, and scalable packaging. It’s a refreshing formula for an underserved consumer base often overlooked by mainstream FMCG giants.

“Our belief has always been simple, India’s beverage revolution won’t be led by metros alone,” says TABP co-founder and CEO Gandhikumar. “For millions in tier-2 towns and rural belts, there’s still a gap between taste, hygiene, and affordability. Our goal is to fill that gap with quality beverages that feel aspirational yet remain accessible.”

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And the numbers suggest he’s onto something. From a modest Rs 4 crore in FY19, TABP has fizzed its way to Rs 212 crore in FY24–25, targeting a heady Rs 800 crore in the next three years before a planned pan-India expansion and eventual public listing.

The company plans to deploy the fresh funds to expand distribution across southern and eastern India, introduce new beverage formats, and boost manufacturing capacity. It’s a move aimed at tapping into India’s Rs 1.38 lakh crore non-alcoholic beverage market, a sector expected to swell to Rs 2.1 lakh crore by 2029, powered by affordability-led consumption and rising hygiene awareness among mass consumers.

While global giants continue to dominate the premium urban aisles, a vast swathe of small-town and rural beverage consumption remains unorganised, often sold at roadside stalls in unhygienic conditions. TABP’s mission? To bring structure, safety, and scale to this chaos. By reimagining hyper-local favourites as packaged, standardised products, the brand is doing for drinks what Amul did for milk and Lays did for snacks.

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“Under Prabhu’s leadership, TABP has found a sweet spot between aspiration and accessibility,” said a Entrust Family Office partner. “Its differentiated flavour play and disciplined growth model show that innovation can thrive even in value segments.”

LC Nueva’s spokesperson echoed this sentiment, adding, “We’ve been early believers in TABP’s Bharat-first approach. Its growth proves that the next wave of consumption will be value-driven yet aspirational.”

Of course, not every sip is smooth. Climate-linked raw material volatility and rural distribution challenges continue to test the industry. But TABP is banking on regional familiarity, frugality, and a ground-up network to weather the heat.

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For now, as the company scales up its operations and prepares to go national, TABP stands as a symbol of Bharat’s changing palate, one that values both taste and trust.

From steel tumblers to pet bottles, from roadside stalls to retail shelves, the message is clear: India’s thirst for affordable quality is here to stay and TABP just might be the one to quench it.

 

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Uber launches hotel bookings feature in partnership with Expedia

From hotel bookings to room service at your door, the ride-hailing giant is making its boldest push yet into everyday life

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CALIFORNIA: Uber is done being just a taxi app. At its annual GO-GET product event, the world’s leading mobility and delivery platform unveiled a sweeping set of new features designed to plant itself at the centre of how people travel, eat and shop, hotel bookings included.

The headline move is a partnership with Expedia Group that lets Uber users in the United States book hotels directly within the Uber app, with access to a catalogue that will eventually grow to more than 700,000 properties worldwide. Uber One members get 10 per cent back in Uber One credits on all hotel bookings and savings of at least 20 per cent on a rolling list of more than 10,000 hotels globally. Vacation rentals from Vrbo, Expedia Group’s home-rental brand, will be added later this year. The partnership is expected to expand beyond the United States. From June, Uber rides will also be integrated directly into the Expedia app, with push notifications sent to travellers ahead of hotel check-in to book discounted Uber rides for the duration of their stay.

Dara Khosrowshahi, chief executive of Uber, framed the expansion in terms of the modern condition. “Uber is becoming an app for everything, helping people go, get, and now travel all in one place,” he said. “We’re all living through a moment of real cognitive overload: too many apps, too many decisions, too much noise. At the end of the day, our job is to help people reclaim their time, spending less of it managing the logistics of life and more of it actually living.”

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Ariane Gorin, chief executive of Expedia Group, struck a similarly ambitious note. “Travel should feel effortless, and this partnership gets us one step closer to offering a seamless traveller experience,” she said. “By connecting our two-sided marketplace with Uber, we’re bringing Uber rides directly into the Expedia app and Expedia Group’s lodging inventory into the Uber app through our Rapid API technology. Together, we’re helping travellers spend less time planning and more time enjoying the journey.”

Beyond hotels, the product announcements come thick and fast. Travel Mode, available within both the Uber and Uber Eats apps, offers curated recommendations on local favourites, tourist destinations, OpenTable restaurant reservations and on-demand delivery to hotel rooms. Uber One International means the membership programme now works globally, allowing members to earn credits on rides abroad that can be redeemed once back home. A new Shop for Me feature lets users request items from any store, even those not listed on the app. Eats for the Way allows riders in select cities booking an Uber Black or Uber Black SUV to have a drink or snack waiting for them in the car. Voice Bookings, powered by artificial intelligence, lets users book a ride conversationally, without touching their phone. And a redesigned One Search bar consolidates results for places, food and items across the entire Uber platform in a single query.

Uber has now logged more than 72 billion trips since it launched in 2010. The question it is now answering is what comes after the ride. The answer, apparently, is everything else. Whether users want a hotel in Paris, a coffee in the back of a car or a snake plant from the local garden centre, Uber would very much like to be the one to provide it. The app economy’s land grab has a new front-runner.

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NOTE: The image used is AI generated and only for representational purposes. 

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