27/06/2026
He sold the company.
But he couldn't sell what people felt about it.
I don't even like Thums Up.
Never did.
But I have enormous respect for the man who built it.
And even more respect for what he did next.
1977. Coca-Cola exits India.
Ramesh Chauhan sees the gap.
Builds Thums Up. Then Limca. Then Gold Spot.
No global backing. No multinational playbook.
Just an Indian man building Indian drinks for Indian taste.
Thums Up wasn't trying to be Coca-Cola.
It was deliberately stronger. Bolder. More carbonated.
"Taste the Thunder" wasn't just a tagline.
It was a personality.
By the early 1990s, Parle dominated 60%+ of India's soft drink market.
Then Coca-Cola returned.
And made Ramesh Chauhan an offer.
He sold.
Thums Up. Limca. Gold Spot. Maaza. Everything.
For $40 million.
Here's where the story gets interesting.
Coca-Cola bought these brands with one goal:
Clear the competition. Make space for Coke.
They wanted to bury Thums Up specifically.
Reduced its distribution. Pushed Coke aggressively everywhere.
"Thums Up will be dead in 2 years," was the internal thinking.
But Indians didn't cooperate.
They kept asking for Thums Up.
Retailers kept stocking it because customers kept demanding it.
The brand refused to die.
Eventually Coca-Cola had to admit:
The brand they bought to kill was their biggest asset.
Today Thums Up is Coca-Cola India's largest selling brand.
Worth far more than what they paid for everything combined.
Here's what I sit with when I think about Ramesh Chauhan:
He built something so deeply aligned with its audience...
That even the world's largest beverage company couldn't kill it.
Not with money. Not with distribution. Not with global marketing budgets.
Because some things, when built with genuine understanding of people...
Outlive the intentions of whoever owns them.
And then there's the other side:
He watched someone else take what he built.
Try to destroy it.
Fail.
And profit from its survival.
Without him.
I wonder what that felt like.
To know you built something so right...
That it survived even the people who wanted it gone.
Most founders I work with are afraid of one thing:
"What if I let go and it doesn't survive without me?"
Ramesh Chauhan's story asks a different question:
What if you built something so right...
That it survives everything?
Even you.
What are you building that could outlive your ownership of it?