B9 Beverages founder Ankur Jain is seeking to sell an asset to raise immediate funds for pending employee salaries and provident fund payments. The move has raised concerns among investors who are ...

Hundreds of current and former employees of craft beer maker B9 Beverages Ltd, the parent company of Bira 91, have written to multiple government departments alleging severe financial and statutory ...

Kirin Holdings of Japan and Anicut Capital, the largest shareholder and lender of B9 Beverages, have taken control of Bira 91's The Beer Cafe, sparking a legal battle in the domestic craft beer ...

Usually, employees remain mute spectators when the boards of VC-backed firms get rid of founders for making bad business moves. In the case of Bira 91, the employees triggered the motion Ankur Jain, ...

A minor legal name change to the parent company of the Bira 91 beer brand has triggered a cascade of regulatory and operational hurdles for the venture. Over 250 employees of B9 Beverages, the company ...

Andhra Pradesh Chief Minister N Chandrababu Naidu, last week, announced that tech giant Google will invest Rs 88,000 crore over three years in data centres and Artificial Intelligence projects in ...

Hundreds of employees at B9 Beverages, the maker of the popular Bira 91 craft beer, have approached the company's board seeking change in the leadership, The Economic Times reported. As per the report ...

Craft beer manufacturer Bira 91’s chief executive, Ankur Jain, said he is focused on completing a fundraise and “protecting the interests” of the company and its staff, in a LinkedIn message posted on ...

The famous playwright William Shakespeare once said, "What's in a name?". For India's coolest beer brand, Bira 91, everything rested on its name, as a slight change in its name sparked its collapse.

Indian craft beer maker Bira is in talks to raise $132 million in its biggest ever fundraising, with New York-based investment group Global Emerging Markets (GEM) as one of the potential suitors, ...

Term sheets seen by Reuters show Bira is in talks to raise $50 million via the equity route from alternative investment group GEM, and another $82 million via structured credit. Reuters Indian craft ...