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 ...
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 ...
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 ...
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 ...
Bira 91 has rejected reports the Indian brewer has ended operations at its largest plant in the state of Andhra Pradesh for allegedly defaulting on excise payments.