Private Equity Other Private Equity/Strategic Investments
Craft liquor startup Nuvola raises Rs.2.7 Cr from United Spirits
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Delhi-based Nuvola Spirits has raised INR 2.69-Cr from United Spirits in lieu of a 10.08% stake in the firm.Founded in 2023 by Aakriti Kochhar Sachdeva and Raghav Sachdeva, Nuvola Spirits markets Mikiamo Italian Liqueurs and Seoulmate, a Korean-inspired soju brand. The company intends to use the capital to support its expansion, strengthen its distribution network, and accelerate the launch of premium international spirits in India.