Diageo India's acquisition of a majority stake in Nao Spirits is underway. The enterprise value is estimated at Rs 130 crore. This move fol...

Allied Blenders and Distillers has acquired brands Pumori gin and Woodburns whiskey from Fullarton Distilleries for nearly Rs40 crore. This...

India's alcoholic beverages market is gaining traction with mid-sized funding deals due to rising demand for craft beers, artisanal gins, a...

SSLPL, 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’s difficulties are emblematic of a market where a high potential for growth for alcohol makers is complicated by tradition and taboo...

The hub, spread across four acres, offers end-to-end capabilities addressing various requirements such as distillation capabilities for mal...

In calendar year 2021, Greater Than, which was launched in late 2017, doubled its sales over the previous year and became the largest selli...

Small 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...

Women’s presence in the industry is also bringing about diversity in marketing.

The 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 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...

Bacardi's Bombay Sapphire is the dominant player in the premium imported gin segment with sales estimated at 21,000 cases this year, up fro...

For startups brewing craft gins and whiskeys, raising funds and waiting for licenses are the challenges that slow business down