Nao Spirits raises Rs 20 Cr from United Spirits
Nao Spirits, the maker of Indian craft gin brands, has raised Rs 20 crore from United Spirits. The New-Delhi-based company has passed a board resolution of allotment of 10 equity and 8094 CCPS at issue price of Rs 24769.31 per share to United Spirits amounts to Rs 20 crore. As per the Entrackr’s estimate post money valuation of the company is around Rs 125 crore. Founded by Anand Virmani, Aparajita Ninan and Abhinav Rajput, the startup has two gin brands under its umbrella: Greater Than and Hapusa. Continue reading Nao Spirits raises Rs 20 Cr from United Spirits at Entrackr.
Nao Spirits, the maker of Indian craft gin brands, has raised Rs 20 crore from United Spirits.
The New-Delhi-based company has passed a board resolution of allotment of 10 equity and 8094 CCPS at issue price of Rs 24769.31 per share to United Spirits amounts to Rs 20 crore.
As per the Entrackr’s estimate post money valuation of the company is around Rs 125 crore.
Founded by Anand Virmani, Aparajita Ninan and Abhinav Rajput, the startup has two gin brands under its umbrella: Greater Than and Hapusa.
Continue reading Nao Spirits raises Rs 20 Cr from United Spirits at Entrackr.
