Japan’s Kirin Holdings, the largest investor in Bira 91 maker B9 Beverages, is in talks with founder Ankur Jain to exit the crisis-hit company, several people familiar with the matter told ET.Kirin, ...
Bira 91, founded by Ankur Jain, soared as India's craft beer icon but faced a crisis after a licensing misstep, halted production, layoffs, and investor unrest ....
Bira 91 founder Ankur Jain has informed employees that the planned sale is aimed at raising “immediate cash” to address these obligations, according to ET.The proposed move, however, has prompted questions from some of the company’s investors.