B9 Beverages Pvt., the owner of the popular Indian craft beer brand Bira 91, is opening its fifth local brewery in Madhya Pradesh by the end of the year. This new brewery will increase production to meet the rising demand for flavorful beers in India. Founded by Ankur Jain in 2015, Bira 91 is backed by Sequoia Capital and Kirin Holdings.
The company has raised about $50 million this year and is preparing for its final private funding round before planning an IPO. Despite the pandemic, Bira has doubled its sales and tripled its market share, showing strong growth in India's beer market.
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B9 Beverages Pvt., the owner of the popular Indian craft beer brand Bira 91, is opening its fifth local brewery in Madhya Pradesh by the end of the year. This new brewery will increase production to meet the rising demand for flavorful beers in India. Founded by Ankur Jain in 2015, Bira 91 is backed by Sequoia Capital and Kirin Holdings.
The company has raised about $50 million this year and is preparing for its final private funding round before planning an IPO. Despite the pandemic, Bira has doubled its sales and tripled its market share, showing strong growth in India's beer market.
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6 months ago | [YT] | 1