Tech Company Financing Transactions
Bira 91 Funding Round
On 11/22/2022, Bira 91 raised $70 million in funding from Kirin Holdings.
Transaction Overview
Company Name
Announced On
11/22/2022
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Kirin Holdings (Lead Investor) (Hiromasa Honda)
Proceeds Purpose
The investment comes as Japan's major drinks makers face a steady decline in revenue from alcohol sales as the domestic population shrinks and younger people drink less than in previous decades, forcing companies to expand overseas or foray into new markets.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
7 Scindia House First Floor, Kasturba Gandhi Marg, Connaught
New Delhi, 110001
IN
New Delhi, 110001
IN
Phone
Undisclosed
Website
Email Address
Overview
A refreshingly modern beer brand, Imagined in India, Bira 91 aspires to bring flavorful?beers to the new world. As one of the fastest growing brands in the world, we have built a diverse portfolio of award-winning beers, one for every occasion, and aim to drive the global shift in beer towards more color?and? flavor.
Management Team
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