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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.- 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...
- 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...
- India-Pak T20 Clash: Pubs, quick commerce startups win the gameMakers of snacks, munchies and soft drinks said they saw a 25-30% surge in sales of such impulse categories on Sunday compared to regular w...
- Bira beer maker raises $10 million from MUFG BankBira 91, a beer company from India, has raised $10 million from MUFG Bank, Ltd, Japan's largest bank. The investment comes after the compan...
- Bira 91 acquires The Beer Cafe in all-stock dealBira 91 will get a retail presence through The Beer Cafe's 33 outlets, while the pub chain gets the beer company's support in innovations a...
- 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.
- Forbidden Foods raises seed funding; to compete with PepsiCo, ITCThe seed funding round was led by curated crowd-funding platform and early stage venture fund Globevestor, and Secocha Ventures, a statemen...
- Bira91 taps into customers to brew new launchesOn its fifth anniversary, the company said it was looking to launch 40-50 different limited release beers in the next one year to chance up...
- World Cup: A field trip for corporate IndiaWhile most corporate honchos plan to travel with family and friends, some are sending their top performers on all expenses-paid trip to Eng...
- A91 Partners closes maiden fund worth $350 millionThis is the largest domestic funds raised by Indian general partners so far. Last week, A91 informed its LPs in the fund that it had racked...
- OYO sets out to scale the Great Wall of ChinaThe budget hotel startup’s entry into the world’s second-largest economy is proof that OYO really means serious business
- 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.
- Sequoia-backed B9 beverages raises $50 million from SofinaSofina’s investment in Bira is the latest by the Belgian investment firm which has backed a number of leading Indian consumer and consumer ...
- Is Bira going to be a keeper or beer today, gone tomorrow?In an industry still dominated by the blue bird and a few others, the happy monkey is gradually gaining some measure of ubiquity, serving u...
- Our labels say ‘Imagined in India’, that’s quite exciting: Ankur JainIt’s been less than two years since Ankur Jain launched Bira 91, but his handcrafted bottled beer has created quite a buzz across the count...
- My dad didn’t speak to me properly for 5 yrs when I wanted to be a beerpreneur: Ankur Jain, Founder, BiraHow Bira founder Ankur Jain gave up single malt for craft beer!
- 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.
- In a first, Sequoia Capital invests in craft beer brand Bira 91The $6 million in series A funding will be used in marketing of the brand as well as starting a production facility in Madhya Pradesh by Ma...
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