Shadine Taufik · · 1 min readIndia-based beer company bags $70m in series D fundraise
Bira 91 is a premium beer company that brews its product across four locations across India. Its beverages have been sold across 550 towns and 18 countries. The firm will use the fresh funding to expand production capacity and extend its reach locally and globally. The company is headquartered in India.
Funding details
- Funding amount: $70,000,000
- Lead investors: Kirin Holdings
- Stage: Series D
- Valuation: $246,000,000
- Source
More details
Bira 91→The company was founded in 2015 by Ankur Jain. |
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| Stage | Amount (US$) | Investors |
| Seed | $1.5M | |
| Series A | $6M | Ashish Dhawan, Deepinder Goyal, Sequoia Capital, Rohit Bansal, Kunal Bahl |
| Debt | $3.9M | Anicut Capital |
| Series B | $50M | Sequoia Capital, Sofina |
| Bridge | $12.3M | Sequoia Capital, Sixth Sense Ventures |
| Strategic investment | $30M | Kirin Holdings |
| Series D | $70M | Kirin Holdings |
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