#b9 beverages

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Bira talking to foreign beer makers about possible stake sale: CEO - ET Retail

Bira talking to foreign beer makers about possible stake sale: CEO – ET Retail

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NEW DELHI/BENGALURU/TOKYO: India’s B9 Beverages, maker of popular craft beer Bira, is in talks with international brewers and investors to sell a stake of up to 20% in the company, its chief executive said on Tuesday.

“We’ve been looking for a combination: (an) international beer company as a strategic investor and a separate financial partner,” CEO Ankur Jain said in a phone interview,…

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B9 Beverages Private Ltd was established on 28 May 2012. It is Registered as Non-govt company at Registrar of Companies, Delhi. Its authorized share capital is Rs. 428,750,432 and its paid up capital is Rs. 414,996,864.

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Bira 91 owner B9 Beverages raises $20 million in bridge financing from Sequoia Capital, Sofina - ET Retail

Bira 91 owner B9 Beverages raises $20 million in bridge financing from Sequoia Capital, Sofina – ET Retail

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NEW DELHI: B9 Beverages, which owns and sells craft beer brand Bira 91, has raised $20 million (about Rs 153 crore) in bridge financing from two of its existing investors – Sequoia Capital India and Belgium’s Sofina.

The latest capital raise is part of B9 Beverages’ larger $30 million pre-Series C equity financing round, the proceeds of which are earmarked for business expansion in India…

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