USL to acquire majority stake in Nao SpiritsDiageo India's acquisition of a majority stake in Nao Spirits is underway. The enterprise value is estimated at Rs 130 crore. This move fol...
19 Jun, 2025, 08.23 PM IST
Rising interest from high net worth individuals keep alcobev market in high spiritsIndia's alcoholic beverages market is gaining traction with mid-sized funding deals due to rising demand for craft beers, artisanal gins, a...
30 Aug, 2024, 12.54 AM IST
Big gin makers double sales, take fight to small peersBig companies' traditional gin brands, including Bombay Sapphire, Jaisalmer, Beefeater and Big Ben, regained market share in 2022 according...
12 Jul, 2023, 12.53 AM IST
Cricket, Kashmir Willow and broken bats: The story of ‘Asia’s best gin’Broken Bat, a gin aged with toasted Kashmir Willow, has been declared the best gin in Asia by The Gin Guide Awards 2023. The gin took nine ...
04 Jun, 2023, 12.08 AM IST
Diageo invests Rs 45 crore to open its craft and innovation hub in GoaThe hub, spread across four acres, offers end-to-end capabilities addressing various requirements such as distillation capabilities for mal...
16 Aug, 2022, 01.55 PM IST
Why Goa’s gins nearly all taste the sameThe Portuguese connection might make it appropriate that Goa has become the centre of India’s gin boom.
17 Jul, 2022, 09.06 AM IST
Gin Genius: How Anand Virmani crafted a homegrown success story in ginIn calendar year 2021, Greater Than, which was launched in late 2017, doubled its sales over the previous year and became the largest selli...
26 Jun, 2022, 12.50 AM IST
Indian Gin’s out of the bottle & it’s creating magicSmall handmade batches of local gin now account for nearly half of the mass-premium gin segment in the country that have sales of about 168...
11 Jun, 2022, 07.23 AM IST
Cheers to that: India’s booming alco-bev industry seeing women breach the male bastionWomen’s presence in the industry is also bringing about diversity in marketing.
31 Mar, 2021, 10.22 AM IST
G&T maker Salud Beverages gets funding from actor Rana DaggubatiThe investment comes barely a week after Nao Spirits, maker of Greater Than and Hapusa gins, raised $2 million in a series A funding round.
18 Jan, 2021, 05.37 PM IST
Nao Spirits, maker of Greater Than and Hapusa gins, raises $2 million in Series A funding roundNao Spirits and Beverages aims to more than double its annual turnover in 2020-21 to $3 million, on the back of increased stay-at-home dema...
11 Jan, 2021, 03.38 PM IST
After helping start a craft gin revolution in India, Nao Spirits is now getting ready for the next challengeThough gins use many indigenous botanical herbs and spices as their base, the top brands in the industry such as Bombay Sapphire, Jodhpur G...
07 Dec, 2020, 06.28 PM IST
A new set of millennial entrepreneurs are out to shake up the Indian craft gin marketIn the next few months, a slew of craft gins distilled in India with botanicals like Uttarakhand hemp and Kashmiri lavender are set to hit ...
17 Aug, 2020, 02.55 PM IST
Imported gin appeals to new-age drinkersBacardi's Bombay Sapphire is the dominant player in the premium imported gin segment with sales estimated at 21,000 cases this year, up fro...
29 Oct, 2019, 11.45 AM IST
How the global revival of gin drinking is manifesting itself in IndiaIndia is the world’s fifth-largest gin consumer, though gin is small potatoes compared with whiskey and rum sales.
26 Sep, 2018, 03.52 PM IST
How craft liquor startups are getting their blend rightFor startups brewing craft gins and whiskeys, raising funds and waiting for licenses are the challenges that slow business down
23 Sep, 2018, 10.39 AM IST
Raising a toast: Here's how Goa's local liquors like feni are getting a makeoverSlowly, feni and other Goan liquors seem set for an image makeover — like urak, the milder, delicious first distillate of the cashew spirit...
07 May, 2017, 12.25 AM IST