Bira 91 secures $25 million for expanding manufacturing operations

New Delhi: B9 Beverages Ltd, the parent company of Bira 91, announced on Wednesday that it is securing $25 million in new funding from Tiger Pacific Capital. This funding is part of a $50 million round, which also involves Kirin Holdings of Japan. Bira 91’s Founder and CEO, Ankur Jain, stated that this partnership will help the company boost its growth and enhance its supply chain, while expanding manufacturing to new regions like Uttar Pradesh.

Bira 91, the fourth largest beer company in India, has seen substantial growth over the past 9 years. With six manufacturing plants in the country and ownership of The Beer Cafe chain, the company has positioned itself as a key player in the market. Tiger Pacific Capital’s Founder, Run Ye, expressed excitement about partnering with Bira 91 and highlighted the brand’s understanding of the Indian consumer market and strong manufacturing presence.

Established in 2015, B9 Beverages has attracted investments from a range of prominent backers, including Kirin Holdings, MUFG Bank, Sofina, and Peak XV Partners. The infusion of funds from Tiger Pacific Capital marks a key milestone for Bira 91 as it continues on its path of expansion and consolidation in the Indian beer industry.