Varun Beverages forays into alcohol business, names ex-Diageo executive Prathmesh Mishra to lead new unitVarun Beverages will enter the alcoholic drinks market with a new subsidiary. The company appointed a former Diageo executive to lead this ...
Product before brand, a cautionary swigB9 Beverages' rise and fall underscores how strong branding cannot compensate for weak business fundamentals. Once celebrated for its Bira ...
Anicut Capital takes over Bira founder Ankur Jain's stake, to lead restructuringAnicut Capital has taken over B9 Beverages founder Ankur Jain's shares. The venture debt provider will now lead the troubled company's rest...
B9 board, investors set out to find buyers for founder Ankur Jain's stakeBira 91 is currently exploring options for selling founder Ankur Jain's stake, with its board and investors actively pursuing potential buy...
From craft beer darling to founder's exit: Bira 91's journey ahead of a revival bidBira 91 founder Ankur Jain has exited the company after a settlement. This agreement allows for the company's recapitalization and operatio...
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...
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...
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...
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...
Japan's Kirin in talks to triple investment in Indian craft beer maker Bira, say sourcesKirin, which first invested $30 million in Bira for an under 10% stake last year, is set to pump in the additional funds at an equity valua...
Bira 91 partners with VAHDAM India to launch Chamomile Tea LagerThe Chamomile Tea Lager has been brewed with a special blend of high-quality green tea, pure chamomile, and dried orange peels, which makes...
Craft brewer Bira talking to foreign beer makers about possible stake sale: CEO"We've been looking for a combination: (an) international beer company as a strategic investor and a separate financial partner," CEO Ankur...
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...
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...
Bira beer maker raises Rs 25 cr from Anicut CapThe company, in its latest filing with the Registrar of Companies, said it has issued 250 non-convertible debentures worth `10 lakh each to...
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 launches 2 new beers, and one of them has only 90 calories!With Bira 91 Light and Strong, the makers have something to offer for everyone.