Scottish spirits business secures investment from Bollywood star
Dr Vivek Anand Oberoi and Nishant Sharma – founder and CEO of Rutland Square
Rutland Square Spirits Ltd has signed a deal with Bollywood actor-turned-serial entrepreneur Dr Vivek Anand Oberoi, setting the scene for a significant inward investment into Scotland.
Rutland Square draws inspiration from a rich family legacy and pays homage to the founder’s great-grandfather, Tej Ram Bawa, an Indian entrepreneur and visionary, by reviving his legacy and family enterprise.
Dr Oberoi’s involvement marks a milestone in strengthening ties between Scotland and India, reinforcing a shared commitment to innovation and sustainability.
Dr. Vivek Anand Oberoi is a Bollywood star turned entrepreneur who has built a thriving international business empire. He began his entrepreneurial journey early, launching a tech startup at just 19. Over the years, Dr Oberoi has co-founded multiple startups and expanded his portfolio across edtech, fintech, agritech, media and entertainment, real estate, sustainable luxury, real estate, technology, and jewellery. His family office, the Oberoi Family Office, established nearly a decade ago, plays a pivotal role in identifying and nurturing high-potential business opportunities worldwide. He recently wrapped up filming for a movie and his acting continues to be a space of creative exploration, while his entrepreneurial ventures provide the stability and resources to pursue meaningful projects.
Founded by Nishant and Veenu Sharma, Rutland Square bridges the gap between the East and West with the world’s first oolong white tea-infused spirit, crafted using premium tea from Dibrugarh, the world’s tea capital. Veenu, a seasoned entrepreneur with a successful real estate and property portfolio, brings her business expertise to the venture, while Nishant, originally from India and now based in Edinburgh for 18 years, infuses his heritage into the brand. Rooted in sustainability and innovation, Rutland Square fills a unique gap in the market, blending tradition with modern craftsmanship to create a truly distinctive spirit.
This partnership sees Dr Oberoi take a 21% stake in the Scottish company, which will initially support the growth of the Rutland Square brand globally. He becomes co-Founder and Chairman following the signing of the deal in Edinburgh on Friday 21 March. With Dr Oberoi on board, the Rutland Square Group seeks to facilitate a £150m+ investment into Scotland by attracting external investors in the coming months.
This partnership then anticipates it will invest in the development of a groundbreaking net zero luxury hotel in Edinburgh, among other follow on net zero ventures. This investment will allow new development envisioned as a landmark project in Scotland, designed to offer guests an unparalleled retreat amidst Scotland’s stunning landscapes celebrating tradition, innovation, and a deep connection to the land. The hotel will provide world-class service featuring the first Ayurvedic wellness centre in Scotland, offering guests a unique and holistic retreat experience, as well as being the first hotel in Europe with hydrogen-powered facilities.
Nishant Sharma, Founder and CEO and Veenu Sharma, Director of Rutland Square said: “We are delighted to welcome Dr Vivek Oberoi to the Rutland Square family. This collaboration is a testament to the strong and growing relationship between Scotland, India, and the wider South Asian community.
“This partnership is more than just an investment – we look forward to creating something special, a place that celebrates artisanal craftsmanship, cultural richness, and the warm hospitality that both Scotland and India are known for.”
Dr Vivek Anand Oberoi, Co-Founder and Chairman said: “I am thrilled to join Rutland Square. This project represents more than just a development – it is an exciting new chapter for us. 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. This marks a new chapter in Scotland’s hospitality sector, promising a future of sustainability, heritage, and world-class experiences. I am excited to begin the work of bringing it to life.”
A Shoosmiths team led by partner Alison Gilson provided legal advice, while a Quest Corporate team, led by director Jason Fernandes provided corporate finance services.
Dr Oberoi visited Scotland this week to sign the agreement with Rutland Square Ltd and met with senior business leaders and politicians. During his visit, he also toured the landmark and ambitious Lost Shore Surf Resort in Newbridge, Edinburgh, Europe’s largest inland surf destination that Jason Fernandes and team advised.