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  • Coco-Jumbo Wins Best Packaging Award at Ambrosia 2026
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Coco-Jumbo Wins Best Packaging Award at Ambrosia 2026

startupexpress.in March 10, 2026
Coco-Jumbo

Coco-Jumbo: World’s First Cashew Feni Liqueur Bags Best Packaging Award

Coco-Jumbo a world renowned Cashew Feni Coconut Liqueur has bagged ‘Best Packaging Award’ at Liquor industry’s most sought-after Ambrosia awards 2026.

Ambrosia magazine is Asia’s premier beverage alcohol magazine and now in it’s 35th year. The most coveted awards for the liquor industry; the awards felicitate the best across categories like Product, Person and Special Achievements.

Coco-Jumbo, a premium Cashew Feni Coconut Liqueur produced by the Goa-based Cheers Group, is also making headlines for its success in international spirits competitions and its role in the 2026 Goa Carnival.

Cheers group, India’s super-luxury spirits conglomerate with its international portfolio of signature brands– garnered close to 300 prestigious awards for its broad range of ultra-premium spirit brands is valued at around ₹ 1,000 crore. Strategic international capital funds are vying to pickup stake in this very successful award-winning premium Kadamba Single-malt whisky producer, having also luxury Labrodog 12 year old Scotch portfolio.

In February 2026, the Cheers Group launched a special limited-edition Coco-Jumbo Carnival Edition Gift-pack, featuring vibrant, artistic designs to mark the Goa Carnival 2026, often accompanied by a complimentary tasting glass.

“Coco-Jumbo continues to lead in the modernization and premiumization of Goan feni, moving it from a local, traditional drink to an internationally recognized, branded product” says Ashwin Balivada CEO of Cheers group and alumnus of Cambridge University Business Management graduate school.

Coco-Jumbo was recognized as the world’s first “Feni Liqueur” to win a Gold Medal at the 2025 USA Spirits Ratings, highlighting its quality, unique flavour profile (21% ABV), and packaging.

“Ambrosia Awards 2026 — More than just an awards night, it was a grand celebration of innovation, craftsmanship, and the relentless pursuit of excellence that shapes the ever-evolving alcobev industry in India and beyond. From hard-earned recognitions to heartfelt victories. We are honoured”  says Dr Mohan Krishna Balivada founder of Cheers group and World’s first alco-bev marketing Doctorate.

Coco-Jumbo is marketed as a blend of traditional 500-year-old Goan cashew feni with coconut, aiming to bring a refined, tropical, and creamy version of local heritage spirit to a wider audience.

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