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BIRA 91 FUNDRAISING
'I am willing to step down for company's sake': B9 Beverages' Ankur JainBira 91 founder Ankur Jain is addressing investor concerns over financial losses. He highlights the company's strong brand and past growth,...- 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.
- Bira 91 founder Ankur Jain details fundraising efforts amid leadership crisisIn a LinkedIn post, Jain reassured staff in the post that employees would be prioritised in the fundraise and emphasised a commitment to pa...
- 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...
- Bira 91 staff move plea for 'leadership change'Over 250 B9 Beverages employees have petitioned investors and the board for a leadership change, citing governance failures, delayed salari...
- 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...
- This Indian craft beer maker is betting on a $70 million beer factory to take on global brewsB9 Beverages Ltd, supported by Kirin Holdings, aims to surpass global beer brands by building India’s largest beer factory for $70 million....
- Bira91 maker brews plans to tap capital market in 2026The development comes amid supply shortages of Bira91 over the past few quarters across some of India's largest spirits markets including D...
- 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...
- Japan's Kirin raises stake in Bira 91 to about 20% for ₹570 croreThe fundraise comes at a time when beer consumption is seeing strong recovery after two years of pandemic-induced stress that led to closur...
- Investors feeling like commodity due to liquidity surplus: A91 PartnersA91 wants to stick to backing companies which have sound business fundamentals and not be governed by mark ups to determine the success of ...
- Vahdam Teas raises Rs 75 crore led by Sixth Sense VenturesThe company plans to use the funds to enter the United States, Europe, South Asia and the UAE, besides India where it does not currently op...
- Bira raises $10 million in debt funding, to ramp up outputThe company to raise another $75 million in fresh equity, hires Credit Suisse to find new investors.
- 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 —...
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