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Nao Spirits & Beverages - About the company

Nao Spirits & Beverages is an acquired company based in Delhi (India), founded in 2015 by Anand Virmani, Aparajita Ninan, Vaibhav Singh and Abhinav Rajput. It operates as a Manufacturer of craft gin distilled using copper pot still equipment. Nao Spirits & Beverages has raised $9.79M in funding from investors like Diageo India, Black Gold Cafe and Gsesandvik.co, with last known valuation of $*****. The company has 59 active competitors, including 6 funded and 9 that have exited. Its top competitors include companies like Radico Khaitan, Allied Blenders and Distillers and G.M.Breweries.

Company Details

Manufacturer of craft gin distilled using copper pot still equipment. The production process utilizes traditional copper pot stills to create London Dry style spirits. The distillation facility focuses on the infusion of various botanicals, spices, herbs, and fruits to develop distinct flavor profiles. The business produces multiple gin varieties, including options featuring Himalayan juniper and other regional ingredients. These spirits are distributed for consumption through various retail and hospitality channels.
Email ID
*****@naospirits.com
Registered Address
F-93 Ground Floor &, Third Floor, Okhla Industrial Area, Phase-III, Okhla Industrial Estate, New Delhi, New Delhi, Delhi, India, 110020
Key Metrics
Founded Year
2015
Location
Delhi, India
Stage
Acquired
Total Funding
$9.79M in 7 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 21, 2025
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
43 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Diageo India (Jun 19, 2025)

Nao Spirits & Beverages's acquisition details

Nao Spirits & Beverages got acquired by Diageo India on Jun 19, 2025 at an acquisition amount of $*****.
Click here to take a look at Nao Spirits & Beverages's acquisition in detail
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Nao Spirits & Beverages's funding and investors

Nao Spirits & Beverages has raised a total funding of $9.79M over 7 rounds. Its first funding round was on Feb 21, 2018. Its latest funding round was a Series B round on Jul 25, 2023 for $*****. 1 investor participated in its latest round. Nao Spirits & Beverages has 11 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Nao Spirits & Beverages:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 25, 2023
3466262
Series B
6019564
9198560
2763544
7339768
Apr 08, 2022
6666401
Series B
4697497
3521745
8038132
Dec 11, 2020
1555916
Series A
9040957
7801793
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Nao Spirits & Beverages' founders and board of directors

Founder? Claim Profile
The founders of Nao Spirits & Beverages are Anand Virmani, Aparajita Ninan, Vaibhav Singh and Abhinav Rajput. Anand Virmani is the CEO of Nao Spirits & Beverages.
Here are the details of Nao Spirits & Beverages' key team members:

Nao Spirits & Beverages' Board of Directors

Nao Spirits & Beverages's board has 4 active members. Anand Virmani and Manish Seth are part of team and Nivedan Bharadwaj and Nimish Shah are independent board members.
Here is the list of Nao Spirits & Beverages' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 3m
Investor
-
Current
1y 2m
Independent board member
-
Current
6y 0m
n{ygrte
Independent board member
-
Current
8y 4m
liqrvc{
Independent board member
-
Past
3y 2m
snzbqii
Independent board member
-
Past
1y 8m
lejxgow
Independent board member
-
Past
9y 3m
zidvzgq
Independent board member
-
Past
4y 7m

Nao Spirits & Beverages' employee count trend

Nao Spirits & Beverages has 43 employees as of May 26. The total employee count is 39.0% lower than what it was in May 25. Here is Nao Spirits & Beverages's employee count trend over the years:
Employee count trend for Nao Spirits & Beverages
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Nao Spirits & Beverages's Competitors and alternates

Top competitors of Nao Spirits & Beverages include Radico Khaitan, Allied Blenders and Distillers and G.M.Breweries. Here is the list of Top 10 competitors of Nao Spirits & Beverages, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Radico Khaitan
Radico Khaitan
1943, Delhi (India), Public
Manufacturer of alcoholic beverages
-
56/100
2nd
Manufacturer of a diversified portfolio of spirits and alcohol beverages.
$2.02M
56/100
3rd
Logo for G.M.Breweries
G.M.Breweries
1981, Mumbai (India), Public
Manufacturer and marketer of alcoholic beverages
-
-
53/100
4th
Logo for Tilaknagar Industries
Tilaknagar Industries
1933, Mumbai (India), Public
Brand of spirits
-
53/100
5th
Logo for Nao Spirits & Beverages
Nao Spirits & Beverages
2015, Delhi (India), Acquired
Manufacturer of craft gin distilled using copper pot still equipment
$9.79M
48/100
6th
Logo for Pernod Ricard India
Pernod Ricard India
1993, Gurugram (India), Unfunded
Brand of champagnes and spirits
-
-
43/100
7th
Logo for Saṃsara
Saṃsara
2020, Salcete (India), Seed
Samsara is an Indian craft gin that celebrates self-expression, curiosity, and wanderlust.
$2.77M
39/100
8th
Logo for Jaisalmer Indian Craft Gin
Jaisalmer Indian Craft Gin
2017, Delhi (India), Unfunded
Brand of gin
-
-
39/100
9th
Logo for NV Global Marketing
NV Global Marketing
1996, Delhi (India), Early Stage
Manufacturer of grain alcohol and alcoholic beverages
$4.74M
39/100
10th
Logo for Hermes Distillery
Hermes Distillery
2018, Belgaum (India), Unfunded
Brand of whisky, vodka, rum, and brandy
-
-
35/100
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Nao Spirits & Beverages's Latest cap tables and shareholding

Founders own 14.97%, Funds own 5.94%, Parent Entities (largest shareholder) own 29.43% and Enterprises own 27.04%. The net worth of Nao Spirits & Beverages's founders is INR 15.6Cr as of Apr 08, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
14.97%
15.6Cr
3327639
5847771
7177949
9028262
6558858
9950480
1769160
8839649
9932154
1781727
22
35
54
90
91
60
2
4
4
2
7
7
0
0
0
0
0
0
Fund
5.94%
6.21Cr
39382
37715
83516
90727
41
38
60
91
37
49
Parent Entity
29.43%
30.8Cr
7345704
8005368
4898138
1081626
Enterprise
27.04%
28.3Cr
9817657
1168151
8324595
3286949
Angel
21.69%
22.7Cr
6209836
7932207
5044960
5872719
7916
5154
6749
7667
7756
7933
87
68
74
11
28
50
4
3
3
3
6
8
Other People
0.94%
98.2L
0
0
0
0
Total
100.00%
104Cr
6730532
9517867
1166773
7489220
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer

Nao Spirits & Beverages's Investments and acquisitions

Nao Spirits & Beverages has made no investments or acquisitions yet.

Reports related to Nao Spirits & Beverages

Here is the latest report on Nao Spirits & Beverages's sector:

News related to Nao Spirits & Beverages

lockFilter this list
Media has covered Nao Spirits & Beverages for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
Nao' is the time: Why Diageo India is backing this Indian craft gin producerIndiatimes•May 16, 2026•Nao Spirits & Beverages
•
•
Diageo India Buys Gin Maker NAO Spirits for $15.2 MillionVCCircle•Jun 20, 2025•Diageo India, Nao Spirits & Beverages
•
USL to acquire majority stake in Nao Spirits for ₹130 crMergersIndia•Jun 20, 2025•Diageo India, Nao Spirits & Beverages
•
Greater Than Gin Maker Nao Spirits Crosses Rs 80 Cr Gross Revenue In Fy24Entrackr•Jan 18, 2025•Nao Spirits & Beverages
•
Gin maker Nao Spirits forays into premium rum bizMint•Jan 01, 2024•Nao Spirits & Beverages
•
Broken Bat Gin Wins ‘Best Gin in Asia’ Award at the Gin Guide Awards 2023Hospitalitybizindia•May 25, 2023•Nao Spirits & Beverages
•
Nao Spirits raises Rs 20 Cr from United SpiritsEntrackr•Apr 25, 2022•Nao Spirits & Beverages, Diageo India
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