Bira 91 halted production due to licensing issues. Revenue plunged from Rs 824 crore to Rs 638 crore in FY24. Bira 91 plans to raise $132 million to revive operations. Bira 91's parent company is now ...
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 ...
Over 250 employees signed a petition demanding the removal of founder Ankur Jain, citing poor governance and salary delays. (Photo: GenAI). (Photo: GettyImages) In 2015, a small beer brand named Bira ...
Bira 91 was once the most popular name on India’s beer shelves, known for its fun bottles, bold marketing, and youthful image. But what started as a success story has now turned into a lesson about ...
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 ...
NEW DELHI, Oct 8 (Reuters) - 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 ...
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