Craft liquor startup Nuvola raises Rs.2.7 Cr from United Spirits
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.
Want to receive such news items in your inbox? Click Here to sign up for a trial.