Craft beer brand Bira 91 raises $20 Mn


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Craft beer company Bira 91 has raised close to $20 Mn in its Pre-Series D round, founder, Ankur Jain confirmed to Inc42. The company has already received $4.8 Mn from more than two dozen investors as part of this round, regulatory filings show. Earlier this year, Bira 91 bagged $30 Mn from Japan’s Kirin Holdings for 10% stake. Bira 91 competes against the likes of Kingfisher, Carlsberg, Heineken, and others.