Bira 91 raises USD 70 million in Series D funding from Japanese ...
30 October 2024
Bira 91, announced that it has raised USD 70 million in Series D funding, in a round led by leading Japanese beer company - Kirin Holdings. The investment from Kirin Holdings comes at a time when the demand for beer is witnessing a massive surge and the company continues to strengthen its national & global presence as it aims to cement its leadership position in the premium beer market. The funds will be deployed to expand production capacity by commissioning new breweries and expanding its existing facilities. The capital will also be utilised to increase the company's distribution footprint across the country and internationally, and further bolster Bira 91's product development and innovation capabilities.
Bira 91, announced that it has raised USD 70 million in Series D funding, in a round led by leading Japanese beer company - Kirin Holdings. The investment from Kirin Holdings comes at a time when the demand for beer is witnessing a massive surge and the company continues to strengthen its national & global presence as it aims to cement its leadership position in the premium beer market. The funds will be deployed to expand production capacity by commissioning new breweries and expanding its existing facilities. The capital will also be utilised to increase the company's distribution footprint across the country and internationally, and further bolster Bira 91's product development and innovation capabilities.
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