Bira 91

Bira 91, a craft beer manufacturer, has secured $25 million in funding from its current investor, Kirin Holdings, through ECB (External Commercial Borrowing).

Manoj Kohli, the former MD of Bharti Airtel and the former head of SoftBank India's country division, and Bharat Anand, a partner at Khaitan & Co., have been appointed as independent directors to the board of B9 Beverages, the parent company of Bira 91.

The largest bank in Japan, MUFG Bank, Ltd., has invested $10 million to Bira 91. The investment follows the company's previous Series-D capital round of $70 million, which was spearheaded by the Japanese brewer Kirin Holdings Co.

The largest alcobev chain in India, The Beer Cafe, has been acquired by domestic premium beer producer Bira 91 in an all-stock deal, turning the