B9 Beverages Pvt. Ltd, which makes craft beer under the brand Bira 91, has raised Rs. 335 crore (around $50 million) in a round of funding led by Belgium-based investment firm Sofina, reported VCCircle..The existing investor Sequoia Capital had also participated in the round..Khaitan & Co acted for Bira91 and the team was led by Partner Mayank Singh along with Principal Associate Nidhi Killawala, and Associate Maitreye Parashar..The Mumbai team of Themis Associates acted for Sequoia Capital. The team included Associate Partner Siddharth Manchanda, and Associates Neha Mirajgaoker and Sucheta Mehra..Sofina was represented by its in-house team..B9 will mainly use the fresh funds to spread its footprint outside India. The company is eyeing markets such as the US, Thailand, Hong Kong and Singapore..Image taken from here.
B9 Beverages Pvt. Ltd, which makes craft beer under the brand Bira 91, has raised Rs. 335 crore (around $50 million) in a round of funding led by Belgium-based investment firm Sofina, reported VCCircle..The existing investor Sequoia Capital had also participated in the round..Khaitan & Co acted for Bira91 and the team was led by Partner Mayank Singh along with Principal Associate Nidhi Killawala, and Associate Maitreye Parashar..The Mumbai team of Themis Associates acted for Sequoia Capital. The team included Associate Partner Siddharth Manchanda, and Associates Neha Mirajgaoker and Sucheta Mehra..Sofina was represented by its in-house team..B9 will mainly use the fresh funds to spread its footprint outside India. The company is eyeing markets such as the US, Thailand, Hong Kong and Singapore..Image taken from here.