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Zomato’s co-founder and 7 others back beer brand Bira 91

Shortpedia

Content Team
Image Credit: shortpedia

After raising a $20 million bridge round from existing investors Sequoia Capital and Sofina, Bira 91 has raised 9.3 crore from a clutch of angels including Pankaj Chaddah, Shikha Sunil Chandak and Nishant Mittal. The money has come at a time when Bira 91 is gearing up to foray into non-alcoholic beverages. Zomato’s and Mindhouse’s co-founder Chaddah has put in Rs 75 lakh and Mittal invested Rs 34 lakh.