Wishbeer is looking for partners to expand!
Wishbeer is the #1 Omni-Channel Beverage Company in Thailand, we operate the largest e-commerce website for alcohol and operate 4 craft beer bars & restaurants, as well as one franchise. We strive to become #1 Omni-Channel Beverage Company in Asia.
- Top 10 E-Commerce Beer Startup Worldwide / #1 in Thailand
- We are one of the largest beer bars chain in Bangkok, Thailand.
- We have a revenue of over USD $2M, break-even in 2019.
- Our omnichannel approach gives us leverage as we are both online & offline
- Already raised over $1.2M through VC & Crowdfunding
|Previous Rounds||THB 36,000,000|
Started in 2013, Wishbeer is now the largest e-commerce website in Thailand with over 10,000 products home delivered nationwide. We have a strong focus on craft beer, but are also expanding to wine, whisky & spirits. The non-alcohol vertical has also a lot of potential for growth.
Looking for revenue growth and additional synergies, we've setup in 2015 our first craft beer bar. Wishbeer Home Bar was born, featuring over 40 craft beers on tap in a unique relaxing atmosphere. After the success of this first location, we raised USD $600,000 through crowdfunding in Thailand and expanded to 4 locations in less than 2 years. We have also launched our first franchise in December 2018.
The craft beer market in Thailand is growing fast, with a lot of opportunities to grow further. Middle class consumers are looking forward to drink better products, and want to focus on quality rather than quantity - following a worldwide consumption trend.
As the alcohol market is very fragmented as a whole, we manage to operate as a one stop shop for both retail customers as well as wholesale customers. Indeed, we bring convenience to the ordering process through our e-commerce platform, as well logistics ease with nationwide deliveries.
On the F&B side of the business, we managed to build a strong brand in Thailand that drives traffic and increase the odds of franchise operators willing to start a craft beer business.
With our unique business model (both online & offline), we have built a hard to replicate business knowledge and operating skills.
First a Tech company, we focus on innovation which has been validated by 2 awards in 2014 and 2018 as Thailand Most Promising Startup by E27/Echelon Top 100 startup pitching competition. We've also been featured as TOP 10 E-Commerce Beer Company Worldwide by CBInsights in Feb 2019.
We also have managed to raise seed funding from VC 500 Startups & 500 Tuktuks, as well as angel investors through our USD $600,000 crowdfunding campaign in 2017-2018.
We are looking now at reinforcing our growth in Thailand, and expanding our online & offline businesses to the region, and especially to Vietnam, being the #1 country in South East Asia for beer consumption per capita. We see a fantastic opportunity to launch e-commerce there, as well as craft beer bars similar to what we do in Thailand.
There's also the possibility to brew our own beer in Vietnam which will add an additional revenue stream, and increase our margins at our existing venue and through our e-commerce, which will give us lots of leverage as we grow.
We see huge opportunities throughout the Asian region as craft beer market is growing and very few distributors have the ability to grow both online & offline like we do.
The team has a strong capacity to make things happen with limited resources. We have a strong set of skills in all areas of the company: marketing & sales, finance, operation, and technology.
Jerome Le Louer
Worked as CFO in several Asian countries over the past 10 years
Fluent in Thai (speaking, reading)
Praew Le Louer
Strong focus to WOW our customers
Align both aspect of wishbeer Online (E-Commerce) and Offline (HomeBar) together and make IT business transformation come true.
Manage multiple Team and Projects with young and small team that create what Wishbeer is today.
FullStack (React/NodeJS) Developer. Actively Developing with the developer in Wishbeer from frontend to backend and server architecture
Fluent in Thai (speaking & reading) and English, good command of Italian.
Specialties: international taxation, strategic planning, people development, cross cultural background, change management, new markets opening, exposure to Asian & African markets.
Looking for THB 20,000,000 - Min per Investor THB 500,000
We're looking at a 20M THB raise with a 180M THB pre-money. These funds will used to invest in technology in Thailand as well as F&B expansion through franchising. We're also using the funds for our Vietnam expansion, setting up an e-commerce platform there, as well a 1st craft beer bar. We'll start as well producing our own beer in contract brewing with existing breweries.