Financial & Legal

In the Series D round of funding, Bira91 raised $70 million from Japan’s Kirin Holdings. The funds will be used to expand Bira91's product research and innovation capabilities, as well as its distribution presence both domestically and in the international market. After raising these series, the goal of the Company to build a world class manufacturing foundation in India will get an advanced acceleration. The Company can now anticipate promoting significant revenue, market share, and profitability expansion over the ensuing few decades.

Recently, Bira91 had acquired the pub chain ‘The Beer Cafe’ in order to strengthen its position in the bars and taprooms sector. Along with this, the Company also acquired a brewery company ‘Kamakhya Beer & Bottling Private Limited’, a subsidiary of Chhattisgarh Distilleries (CDL).

On November 21, 2022, Bira91 closed its investment from a Series D round, bringing its total capital to $283.2 million so far.

According to Kirin Holdings, Bira91 has a large potential in the expanding market. Kirin Holdings has collaborated with Bira91's management team on a number of critical business issues, particularly in the areas of manufacturing capacity and sustainability. They were happy to see the growth of Bira91, and further decided to invest $70M.

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