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NAO SPIRITS AND BEVERAGES
'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...- United Spirits shares in focus after Q1 profit drops 14% despite revenue growthUnited Spirits shares: United Spirits Ltd, controlled by Diageo, reported a 14% YoY drop in Q1FY26 consolidated net profit to Rs 417 crore,...
- India's craft comeback: Tradition, taste and the battle against the mass-madeCraft brands redefine food and beverage with tradition and skill. Brands educate customers about unique products like specialty coffee and ...
- 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...
- ABD acquires Pumori gin and Woodburns whiskey; strengthens premium spirits portfolioAllied Blenders and Distillers has acquired brands Pumori gin and Woodburns whiskey from Fullarton Distilleries for nearly Rs40 crore. This...
- 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...
- Tilaknagar Industries to buy 10% in Samsara Gin makerSSLPL, which started in 2020 and owns Samsara gin, had an annual turnover of Rs2.7 crore during FY22. With this investment, TI now has a pr...
- Diageo halts some whiskey sales in India to push price hikesDiageo’s difficulties are emblematic of a market where a high potential for growth for alcohol makers is complicated by tradition and taboo...
- 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...
- 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...
- 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...
- 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.
- 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.
- 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...
- 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...
- 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
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