Thums Up is owned by Coca-Cola (the United States, NYSE: KO), which acquired the brand on 1 January 1993.[1][2] Thums Up was founded in 1977 in India and was independent until 1993.
Thums Up was created in India in 1977 after Coca-Cola left the country over foreign investment rules, and Coca-Cola bought it in 1993 on its return. It outsells Coca-Cola in India, so the company owns the brand that beat it.
Coca-Cola bought the Parle soft drink brands on returning to India, having left in 1977 rather than dilute its ownership under foreign investment rules. It acquired the market leader instead of competing with it, and Thums Up still outsells Coca-Cola's own cola in India.
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Frequently asked questions
Who is the parent company of Thums Up?
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The parent company of Thums Up is Coca-Cola, a publicly listed company headquartered in the United States.
Is Thums Up Indian or American?
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Thums Up originated in India in 1977, but it is owned today by Coca-Cola, which is headquartered in the United States. So Thums Up is an Indian-origin brand under American ownership.
When did Coca-Cola buy Thums Up?
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Coca-Cola completed its acquisition of Thums Up on 1 January 1993, after announcing the deal on 1 January 1993.
Who owned Thums Up before Coca-Cola?
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Thums Up was an independent company from its founding in 1977 until Coca-Cola acquired it in 1993.
Is Thums Up still owned by Coca-Cola?
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Yes. As of 8 September 2026, Thums Up is still owned by Coca-Cola. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.