• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, July 18, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Bira91 raises $50 million in funding from Sofina, others

by Apoorv Anupam
May 8, 2018
in News
Reading Time: 1 min read
0
Bira91
TwitterWhatsappLinkedin

Bira91

You might also like

Zuckerberg, Meta Directors Settle $8 Billion Privacy Trial

Samsung Chairman Jay Y. Lee Cleared in 2015 Merger Case

Microsoft Salaries Revealed, AI Teams Earning More Than Ever Amid Strategic Shift

08 May 2018, India:

According to Time of India report, B9 Beverages,that owns and sell Bira91 has raised $50 million (about ₹335 crore) in a fresh round of funding. The funding round was led by Brussels based investment firm Sofina. Existing investors also participated in the funding round. B9 Beverages was valued at ₹1400 core (about $210 million) in this investment.

As a part of investment, Sofina will own a 28% stake in B9 Beverages and Ankur Jain and the promoter group of B9 Beverages will own 30% stake.

The B9 Beverages will use the fresh capital to expand its distribution market in India and expand its footprint outside India.

Ankur Jain, Founder and CEO of B9 Beverages told Times of India, “We are entering phase two of our business. The new capital allows us to think long-term and establish a leadership position in premium beer in India. We also expect to create a meaningful international business in Asia and the US.”

Ankur Jain added, “Our volume share was in the range of 1% of the national beer market.”

Maxence Tombeur, Sofina head (Asia) said, “With our Belgian roots and experience in investing in consumer businesses, we believe there is a great chemistry between our organisations and Bira.”

(Image – Bira91)

Tags: B9 BeveragesBira91fundingInvestmentSequoia CapitalSofina
Tweet54SendShare15
Previous Post

SHAREit acquires movie app FastFilmz to expand its content catalogue

Next Post

NITI Aayog partners with Google to Artificial Intelligence ecosystem in India

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

Zuckerberg, Meta Directors Settle $8 Billion Privacy Trial

by Anochie Esther
July 18, 2025
0
Zuckerberg

In a sudden twist that ended what could have been a landmark courtroom showdown, Meta Platforms CEO Mark Zuckerberg and several current and former directors reached a settlement...

Read more

Samsung Chairman Jay Y. Lee Cleared in 2015 Merger Case

by Anochie Esther
July 18, 2025
0
Lee

In a pivotal ruling that removes a significant legal overhang, South Korea’s Supreme Court on July 17 cleared Samsung Electronics Chairman Jay Y. Lee of all charges related...

Read more

Microsoft Salaries Revealed, AI Teams Earning More Than Ever Amid Strategic Shift

by Anochie Esther
July 18, 2025
0
Microsoft

Amid significant layoffs and an aggressive pivot to artificial intelligence, Microsoft finds itself under the spotlight once again this time not for job cuts or corporate strategy, but...

Read more
Next Post
NITI Aayog

NITI Aayog partners with Google to Artificial Intelligence ecosystem in India

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?