Latest news with #NishantSharma
Mint
22-05-2025
- Business
- Mint
Vivek Oberoi acquires 21% stake in Scottish company Rutland Square Spirits, to develop luxury hotel in Edinburgh
In a new landmark development, Bollywood actor Vivek Oberoi has acquired a 21 per cent stake in Rutland Square Spirits Ltd, a premium Scottish liquor brand known for its tea-infused gin. With the collaboration, India's rich tea heritage will now be fused with Scotland's iconic spirit tradition. Here is everything you need to know about Vivek Oberoi's deal with Rutland Square Spirits: The partnership between Vivek Oberoi and Rutland marks a special convergence of two traditions as it brings together two cultures. Founded by Nishant Sharma, the company has already carved a niche for itself by infusing Assam's long-celebrated while oolong tea with traditional Scottish distillation methods. The company sources its tea from Dibrugarh, often dubbed the 'Tea Capital of the World', as well as from neighbouring areas like Tinsukia and Sivasagar. These teas, which account for around 50 per cent of India's production, are now finding an unexpected yet seamless integration into Scotland's premium spirits industry. As a key milestone in this partnership, plans are underway for a net-zero luxury hotel in Edinburgh—a visionary project set to redefine sustainable hospitality in Scotland. Designed as a landmark development, this world-class retreat will seamlessly blend heritage, innovation, and a deep connection to the land, offering guests an unparalleled luxury experience amid Scotland's breathtaking landscapes. The hotel will also house Scotland's first Ayurvedic wellness centre and Europe's first hydrogen-powered facilities in a powerful collaboration between luxury and sustainability. 'I am thrilled to join Rutland Square. This project is an exciting bridge between two economies and cultures. Scotland is a beautiful country with deep-rooted traditions and a strong Indian business community. I look forward to working closely with the team to bring this vision to life,' Vivek Oberoi said. 'This marks a new chapter in Scotland's hospitality sector, promising a future of sustainability, heritage, and world-class experiences. Rutland Square Spirits is taking it a step further by curating a blended experience of Indian heritage. I am excited to begin the work of bringing it to life,' he added.
Entrepreneur
22-05-2025
- Business
- Entrepreneur
Vivek Oberoi Acquires 21% Stake in Rutland Square Spirits
"India's rich tea heritage will now meet Scotland's time-honoured spirits tradition," said Oberoi. "This project is an exciting bridge between two economies and cultures." You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In an exciting cross-cultural collaboration, Bollywood actor and entrepreneur Vivek Anand Oberoi has acquired a 21% stake in Rutland Square Spirits Ltd, a premium Scottish spirits company known for its oolong white tea-infused liquor. This move marks the beginning of a unique journey that brings together India's ancient tea heritage and Scotland's world-renowned spirits tradition. "India's rich tea heritage will now meet Scotland's time-honoured spirits tradition," said Oberoi. "This project is an exciting bridge between two economies and cultures." Founded by Nishant Sharma, Rutland Square Spirits has already gained recognition for pushing the boundaries in the alcobev space by infusing Dibrugarh's world-famous tea leaves into its artisanal spirits. Dibrugarh, along with Tinsukia and Sivasagar, contributes nearly half of India's tea production and is now being celebrated globally in an unexpected form—Scotch-style spirits. "We are delighted to welcome Vivek Oberoi to the Rutland Square family," said Nishant Sharma, Founder and CEO. "This collaboration is a testament to the growing relationship between Scotland, India, and the wider South Asian community. It goes beyond investment—we are creating a cultural and artisanal experience." In addition to strengthening the company's product offerings, the partnership has also unveiled ambitious plans to build a net-zero luxury hotel in Edinburgh. This landmark project will feature Europe's first hydrogen-powered hospitality facilities and Scotland's first Ayurvedic wellness centre, blending modern sustainability with ancient Indian healing traditions. "This marks a new chapter in Scotland's hospitality sector," added Oberoi. "We're not just building a hotel—we're creating an experience rooted in heritage, sustainability, and global excellence." The partnership also reflects a larger trend in growing UK-India trade relations, particularly in the food and beverage sector. With India being the world's largest whisky market and talks on a UK-India Free Trade Agreement (FTA) underway, this collaboration is well-positioned to benefit from reduced tariffs and expanded global access for premium Indian brands. Oberoi's investment aligns with his broader commitment to sustainable luxury and cross-cultural ventures. Already active in edtech, fintech, agritech, and real estate, this step further establishes his global footprint as a visionary entrepreneur focused on high-impact, transformative projects.
Yahoo
10-05-2025
- Business
- Yahoo
Roll out the barrel: Scotch makers toast UK trade deal with India
Nishant Sharma migrated to Glasgow from Punjab in India almost two decades ago, starting as a dishwasher before founding his own spirits Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
