Nao Spirits & Beverages - About the company
Nao Spirits & Beverages is an acquired company based in Delhi (India), founded in 2015 by Anand Virmani, Vaibhav Singh, Aparajita Ninan and Abhinav Rajput. It operates as a Brand of multi-category alcoholic spirits and craft gins. Nao Spirits & Beverages has raised $15.1M in funding from investors like Diageo India, Black Gold Cafe and Gsesandvik.co, with last known valuation of $*****. The company has 11 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Stranger and Sons, Boutique Spirit Brands and Modiillva @ Group.
Company Details
Brand of multi-category alcoholic spirits and craft gins. It is the use of Indian botanicals alongside classic gin ingredients, which gives it a fresh, citrusy, spicy character that feels distinctly local rather than imitation-European. The brand known for evolving flavor profiles rather than sticking to a single static expression.
- Website
- naospirits.com
- 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
$15.1M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 21, 2025
Investors
Ranked
2nd among 11 active competitors
Annual Revenue
₹61.8Cr as on Mar 31, 2025
Employee Count
66 as on Aug 31, 2025
Similar Companies
Exit Details
Acquired by Diageo India (Jun 21, 2025)
Legal entities associated with Nao Spirits & Beverages
Nao Spirits & Beverages is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NAO SPIRITS & BEVERAGES PRIVATE LIMITED CIN: U15100DL2010PTC197532 , India, Active | Jan 01, 2010 | $7.31M (As on Mar 31, 2025) | 44 (As on Mar 01, 2026) |
Nao Spirits & Beverages's acquisition details
Nao Spirits & Beverages got acquired by Diageo India on Jun 21, 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 $15.1M over 6 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 10 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of Nao Spirits & Beverages:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 25, 2023 | 1581021 | Series B | 3172867 | 9540168 | 7926643 | 6482929 |
Mar 12, 2022 | 3760747 | Series B | 6118414 | 8311040 | 9411921 | |
Aug 07, 2020 | 7432791 | Series A | 4376775 | 8695791 |
View details of Nao Spirits & Beverages's funding rounds and investors
Nao Spirits & Beverages' founders and board of directors
Founder? Claim ProfileThe founders of Nao Spirits & Beverages are Anand Virmani, Vaibhav Singh, Aparajita Ninan and Abhinav Rajput. Anand Virmani is the CEO of Nao Spirits & Beverages.
Here are the details of Nao Spirits & Beverages' key team members:
- Anand Virmani: Co-Founder & CEO of Nao Spirits & Beverages. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Vaibhav Singh: Co-Founder of Nao Spirits & Beverages. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Aparajita Ninan: Co-Founder of Nao Spirits & Beverages. They are also an angel investor in 1 startup.Contact Info: 2 email addresses and 1 phone number
- Abhinav Rajput: Co-Founder & COO of Nao Spirits & Beverages. Contact Info: 1 email address and 1 phone number
Nao Spirits & Beverages' Board of Directors
Nao Spirits & Beverages's board has 2 active members. Anand Virmani is part of team and Nivedan Bharadwaj is independent board member.Here is the list of Nao Spirits & Beverages' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 11m | |
Independent board member | - | Current | 5y 8m | |
qmdwsqr | Independent board member | - | Past | 4y 3m |
txvbgpa | Independent board member | - | Past | 3y 5m |
bdtchwv | Independent board member | - | Past | 9y 8m |
goywadw | Independent board member | - | Past | 6y 3m |
View details of Nao Spirits & Beverages's Founder profiles and Board Members
Nao Spirits & Beverages' employee count trend
Nao Spirits & Beverages has 66 employees as of Aug 25. The total employee count is 3.0% more than what it was in Aug 24. Here is Nao Spirits & Beverages's employee count trend over the years:
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Nao Spirits & Beverages's Competitors and alternates
Top competitors of Nao Spirits & Beverages include Stranger and Sons, Boutique Spirit Brands and Modiillva @ Group. Here is the list of Top 10 competitors of Nao Spirits & Beverages, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Stranger and Sons 2018, Mumbai (India), Series A | Brand of gin and gin-based cocktails | $12.6M | 56/100 | |
2nd | Nao Spirits & Beverages 2015, Delhi (India), Acquired | Brand of multi-category alcoholic spirits and craft gins | $15.1M | 52/100 | |
3rd | Boutique Spirit Brands 2016, Delhi (India), Deadpooled | Manufacturer of multi-category premium alcoholic spirits | $20.7M | 39/100 | |
4th | Modiillva @ Group 2009, Delhi (India), Unfunded | Spirits manufacturer and marketer that produces whiskey and vodka brands | - | - | 37/100 |
5th | ADS Spirits 2010, Bahadurgarh (India), Funding Raised | Alcoholic beverage company offering a wide range of spirits, including whisky, rum, vodka, gin, and brandy | - | 34/100 | |
6th | Multi-category spirits company | - | - | 31/100 | |
7th | Brand of premium gin | - | - | 28/100 | |
8th | Cherrapunji 2023, Shillong (India), Unfunded | Manufacturer of craft gin using rainwater and local botanicals | - | - | 28/100 |
9th | Ashoka Distillery 1993, Delhi (India), Unfunded | IMFL and Agro Products Company | - | - | 23/100 |
10th | Sainov Spirits 2008, Delhi (India), Deadpooled | IMFL Manufacturer | - | - | 23/100 |
Looking for more details on Nao Spirits & Beverages's competitors? Click here to see the top ones
Nao Spirits & Beverages's Investments and acquisitions
Nao Spirits & Beverages has made no investments or acquisitions yet.
News related to Nao Spirits & Beverages
Media has covered Nao Spirits & Beverages for a total of 6 events in the last 1 year, 1 of them has been about company updates.
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Diageo India Buys Gin Maker NAO Spirits for $15.2 MillionVCCircle•Jun 20, 2025•Diageo India, Nao Spirits & Beverages
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USL to acquire majority stake in Nao Spirits for ₹130 crMergersIndia•Jun 20, 2025•Diageo India, Nao Spirits & Beverages
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Broken Bat Gin Wins ‘Best Gin in Asia’ Award at the Gin Guide Awards 2023Hospitalitybizindia•May 25, 2023•Nao Spirits & Beverages
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Nao Spirits raises Rs 20 Cr from United SpiritsEntrackr•Apr 25, 2022•Nao Spirits & Beverages, Diageo India
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