Bira
Bira 91 loses control of The Beer Cafe to investors amid cash crisis
Japan's Kirin Holdings and lender Anicut Capital have taken over The Beer Cafe from Bira 91's parent firm after it defaulted on loans, deepening the financial troubles of the craft beer maker
 "Bira 91 loses control of The Beer Cafe to investors amid cash crisis")
Bira 91 faces major financial risks as FY24 audit flags losses, liabilities
The FY24 audit revealed the group's net worth fully eroded, with liabilities exceeding assets by ₹619.6 crore, negative cash flow of ₹84 crore and losses of ₹1,904 crore
Bira in talks to raise $132 mn in record fundraising; GEM among suitors
Bira is in talks to raise $50 million via the equity route from alternative investment group GEM, and another $82 million via structured credit
 "Bira in talks to raise $132 mn in record fundraising; GEM among suitors")
Bira maker in tax trouble, struggles with salary and vendor payment delays
B9 Beverages reportedly has outstanding VAT dues amounting to Rs 26.38 crore in Maharashtra, Rs 7 crore in Madhya Pradesh, Rs 4.8 crore in Delhi, and Rs 4.7 lakh in Himachal Pradesh
 "Bira maker in tax trouble, struggles with salary and vendor payment delays")
Kirin-backed Indian brewer B9 Beverages seeks more clout with new factory
B9 Beverages Ltd is building a new brewing facility in the north Indian state of Uttar Pradesh, which, once completed, will become India's biggest beer factory
Japan's Kirin in talks to triple investment in beer maker Bira: Report
Kirin, which first invested $30 mn in Bira for an under 10% stake last year, is set to pump in the additional funds at an equity valuation of $450 mn, say sources
 "Japan's Kirin in talks to triple investment in beer maker Bira: Report")
Japan's Kirin to invest $30 million in maker of Indian craft beer Bira
Japan's beer maker Kirin Holdings will invest $30 million in New Delhi-based B9 Beverages, the companies, as it seeks to secure a spot in India's growing craft beer market amid falling sales at home
 "Japan's Kirin to invest $30 million in maker of Indian craft beer Bira")
With two new beers, Ankur Jain is adding more flavour to the Bira 91 story
The fact that musicians Ed Sheeran and Rihanna were clicked swigging the orangey Bira 91 White will only help the brand's appeal
 "With two new beers, Ankur Jain is adding more flavour to the Bira 91 story")
Bira crafts a brand story
Howa home-grown beer label created a niche for itself in a market dominated by global players
 "Bira crafts a brand story")
