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Home Gadgets G&T maker Salud Beverages gets funding from actor Rana Daggubati

G&T maker Salud Beverages gets funding from actor Rana Daggubati


Bengaluru: Alcobev startup Salud Beverages, which has entered India’s liquor business with a ready-to-drink gin and tonic vary, has raised funds from actor Rana Daggubati.

The monetary particulars of the funding are unknown.

Like beer, India’s gin market is present process a renaissance of types with a number of regional manufacturers surfacing during the last 3-4 years. Per week in the past, Nao Spirits and Drinks, the maker of Greater Than and Hapusa gins,
raised $2 million in a collection A funding spherical. Radico Khaitan Ltd.’s Jaisalmer and Stranger & Sons by Third Eye distillery are different new gin manufacturers in India.

Whisky makers too are delving into gin. Lately, single-malt maker Amrut Distilleries launched the Nilgiris gin, concocted from herbs discovered within the eponymous mountains in South India.

“When Salud approached me with their imaginative and prescient and long-term plan, model ethos, and product portfolio, it was a straightforward choice to make,” Daggubati, a serial entrepreneur, mentioned in a press assertion.

Positioned as a life-style liquor model, Salud has launched three flavours of bottled gin and tonic. The Bengaluru-based firm plans to launch non-alcoholic drinks as properly.

“We wish to influence the alcoholic, and non-alcoholic beverage panorama alongside being distinctive. We’re assured to quickly remodel into a world Indian life-style model,” mentioned Salud founder Ajay Shetty, a former banker and winemaker.

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