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Elevation offloads Paytm stake; Souring Bira betElevation Capital sold shares in Paytm for the first time since the fintech’s 2021 listing. This and more in today’s ETtech Top 5.- Heyday to dry days at Bira? The bitter brew behind India’s beloved craft beerBira 91, a popular Indian craft beer brand, is navigating a difficult period. A name change led to regulatory issues, halting sales and cau...
- BlackRock could pour ₹500 cr into Bira91's promoter groupBlackRock is reportedly in advanced discussions to invest ₹500 crore in B9 Beverages, the maker of Bira91, through structured debt. The fun...
- Ice-cold beer, red-hot flavour: As India experiments with flavours in craft beer, from mango and coconut to chai, master brewers spill their secretsThe craft beer market in India is experiencing a phase of Indianisation with flavors like mango, pepper, and chai. With nearly 70 microbrew...
- Summer product sales surge 40-50% in April as appliance makers worry about shortagesApril has been a scorching month for summer products like air-conditioners, refrigerators, air-coolers, soft drinks, and ice creams, with s...
- Japanese Co Kirin to invest $25m more in B9 beveragesThe transaction, made through purchase of fresh shares, will boost Kirin's holding in B9 Beverages beyond the current nearly 20%, the execu...
- Bira91 parent plans a Rs 400-crore fund shot for expansion plansThe fresh fundraise comes at a time when the Indian beer market is forecast to almost double to $10 billion in a decade. This is expected t...
- Comic artist Vir Das launches range of craft beer ‘Faaaak It’, calls it a drink for everyoneThe actor believes comedy and chilled beer are the best way to have a good time.
- D2C skincare brand Ras Luxury Oils raises $2 million funding from Sixth SenseLuxury Oils plans to use the funds raised in the round for launching new products and establishing an international presence.
- Beer wars: The empire strikes backUB and AB InBev are launching India-made wheat beers to take on startups like Bira, Simba.
- How in the second wave of craft beer, the action is shifting to canning and bottlingIn Bengaluru, the original beer capital of India, three of the best known brewpubs — Arbor Brewing Company, Toit and Windmills Craftworks —...
- Burger Singh joins desi startups abroadLondoners will soon be able to bite into Bihari gosht burgers and aloo pyaz rings, thanks to Gurgaon-headquartered QSR startup Burger Singh...
- These new beers are making their India entry this seasonAccording to a report by Euromonitor International last year, there is likely to be a further rise of craft beers in India this year.
- How a few brewers are keeping the bubbles winking on craft beer in IndiaWhite Rhino is the first IPA attempting to find a foothold in the UK.
- Good news, Bira lovers! Fifth beer, IPA, launched in IndiaBira 91 has launched the beers in Delhi-NCR, Mumbai, Bengaluru and Pune across 250 restaurants and bars.
- Bira 91 goes to UN as the beer of the month!Bira 91 is the first imported beer to be selected for the program.
- By 2030, can India brew a craft beer revolution bigger than US?In a relatively short space of 10 years, over 100 brewpubs have come up across India, with more opening in Kolkata, Hyderabad, Chandigarh a...
- As Oktoberfest merges with Diwali this festive season, brewers tighten their beltsWith Oktoberfest merging with the festive Diwali season, brewers reckon that beauty lies in the hands of the beerholder.
- B9 Beverages raises $6 million in series A fundingThis is the first meaningful bet in alcoholic beverage industry for Sequioa as this lucrative opportunity marks its debut on a global level.
- Brew in India: Why a clutch of foreign premium mild beer labels want to manufacture hereStrong beer may be the poison of most Indians, but a clutch of foreign premium mild beer labels are seeking to get more competitive by manu...
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