Angel Investments
Gin-based cocktails seller Salud raises $1-M from actor Rana Daggubati, others
Bangalore-based, ready-to-drink gin cocktail brand Salud Beverages has raised USD 1.1 million from a clutch of investors, including actor Rana Daggubati, former managing director of Microsoft India Srinivas Koppolu, and Anthill Ventures. The company retails packaged gin and tonic in three variants in over 500 retail outlets in the state. The brand is set to enter Goa and Odisha, post this funding. Salud will add new flavours to its gin and tonic range as well as add more products in both alcoholic and non-alcoholic beverage brands. The company also plans to enter international markets such as Middle East and Europe.
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