Ranveer Singh, Bollywood Superstar and Pop Culture Icon, will be an equity partner with the market leading Allied Blenders and Distillers (ABDL), in a new business venture to offer a portfolio of premium brands. ABDL announced their Board approving the formation on 4 September 2024.
The creation of this would mark a strategic move for ABDL, allowing the new venture to focus on the exciting world of luxury spirits, while retaining the existing core brands in ABDL itself.
The company added that with Indians drinking better and trending to luxury products, this business is set to make a significant impact. The entity will launch its own brands, partner with promising Indian start-ups, work with major international brands, and use the strong ABDL sales and manufacturing networks with clear go-to-market strategies.
‘I am delighted to partner with Allied Blenders and Distillers Limited's unique initiative. This venture is not just about creating and offering premium and luxury spirits, but equally about realizing the aspirations of the Indian consumer. We're blending worldclass products, sourcing and craftsmanship with the rich, vibrant flavours of India, creating experiences that speak to people” said Ranveer Singh, Business and Creative Partner.