India craft beer brand Bira 91 raises US$30m to expand its footprint

INDIA – Bira 91, a craft beer brand owned by B9 Beverages, has raised US$30 million in pre-Series C funding round led its existing investors Sequoia India and Sofina, a Belgium-based investment firm. The investment round also saw participation from Mumbai-based consumer-focussed venture capital fund, Sixth Sense Ventures and Korean private equity fund, Neoplux as well as several high reputation family offices. Established in 2015 by B9 Drinks, Bira 91 consists of a crew of over 500 people and has presence in ten international locations, including over 400 cities. To date,…

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