eCommerce
Bira 91 Looking To Raise $132 Mn For Business Revival
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SUMMARY
Bira 91 is reportedly in discussions with Global Emerging Markets (GEM) to raise $132 Mn (INR 1,172 Cr) in a new funding round
The craft beer maker plans to raise $50 Mn via equity from GEM and raise the remaining $82 Mn in debt from undisclosed investors
The startup plans to utilise the fresh funds to aid its efforts for business recovery, including restructuring its sales and supply chain operations
Alcobev startup Bira 91 is reportedly in discussions with New York-based alternative investment group Global Emerging…
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