Bira raises fresh funds, to enter new markets
Founder of Bira 91 craft beer, Ankur Jain informed that B9 Beverages Pvt. Ltd has raised around $8 million from venture capital fund Sequoia Capital India Advisors. With the latest round of funding from Sequoia Capital, B9 Beverages has so far raised around $30 million, said Jain.
It will help the company enter five new markets—the UK, Singapore, Hong Kong, Thailand and the United Arab Emirates in near future.