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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, 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.
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
Ranked
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)

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:lockFilter 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
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Nao Spirits & Beverages' founders and board of directors

Founder? Claim Profile
The 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:

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

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:
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 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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Stranger and Sons
Stranger and Sons
2018, Mumbai (India), Series A
Brand of gin and gin-based cocktails
$12.6M
56/100
2nd
Logo for Nao Spirits & Beverages
Nao Spirits & Beverages
2015, Delhi (India), Acquired
Brand of multi-category alcoholic spirits and craft gins
$15.1M
52/100
3rd
Logo for Boutique Spirit Brands
Boutique Spirit Brands
2016, Delhi (India), Deadpooled
Manufacturer of multi-category premium alcoholic spirits
$20.7M
39/100
4th
Logo for Modiillva @ Group
Modiillva @ Group
2009, Delhi (India), Unfunded
Spirits manufacturer and marketer that produces whiskey and vodka brands
-
-
37/100
5th
Logo for ADS Spirits
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
Logo for DDL
DDL
1938, Kochi (India), Unfunded
Multi-category spirits company
-
-
31/100
7th
Logo for ZOYA
ZOYA
2023, Gurugram (India), Unfunded
Brand of premium gin
-
-
28/100
8th
Logo for Cherrapunji
Cherrapunji
2023, Shillong (India), Unfunded
Manufacturer of craft gin using rainwater and local botanicals
-
-
28/100
9th
Logo for Ashoka Distillery
Ashoka Distillery
1993, Delhi (India), Unfunded
IMFL and Agro Products Company
-
-
23/100
10th
Logo for Sainov Spirits
Sainov Spirits
2008, Delhi (India), Deadpooled
IMFL Manufacturer
-
-
23/100
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Nao Spirits & Beverages's Latest cap tables and shareholding

Founders own 10.98%, Funds own 4.85%, Parent Entities own 17.77% and Enterprises (largest shareholder) own 51.78%. The net worth of Nao Spirits & Beverages's founders is INR 15.3Cr as of Jul 25, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
10.98%
15.3Cr
1349425
9882465
4898303
6056539
2541729
8325569
7376057
2384893
5457740
5238444
8
5
8
6
7
3
0
0
0
0
0
0
Fund
4.85%
6.77Cr
3769
8629
5160
7500
5
8
5
1
5
3
Parent Entity
17.77%
24.8Cr
8749201
3065638
8035215
2494774
Enterprise
51.78%
72.2Cr
8605126
7746817
4919593
7048135
Angel
13.37%
18.7Cr
3113635
4636283
2567939
9758079
673
140
489
479
733
275
8
5
8
3
7
4
5
6
6
8
1
5
Other People
0.71%
98.2L
0
0
0
0
Other Investors
0.53%
74.5L
0
0
0
0
Total
99.99%
139Cr
9792769
3519664
4875529
4096831
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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.

News related to Nao Spirits & Beverages

lockFilter this list
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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