Bira Eyes $132 Million Funding to Strengthen Operations

Bira 91 is planning a $132 million funding round, likely led by Global Emerging Markets (GEM). The mix of equity and structured credit will boost working capital, clear dues, and enhance the supply chain. CEO Ankur Jain confirmed receiving term sheets. Founded in 2015, Bira 91 India’s leading craft beer brand aims to expand distribution and operations amid rising craft beer demand.