Bira 91 Secures $25M million in debt financing from Japan's Kirin Holdings. This significant investment is a testament to Bira 91's growth potential and market appeal.

Total Funding Reaches $252 Mn

By February 2024, Bira 91 had raised over $252 million in total funding. Major investors, including Peak XV Partners and Sofina Ventures, have shown confidence in Bira 91's vision and business model.

This funding surge has positioned Bira 91 for further expansion and innovation in the craft beer market.

Eyeing a Public Listing

The Delhi NCR-based startup is preparing for a public listing.

After converting into a public company in 2022, Bira 91 is strategically aligning its operations to meet public market expectations.

This move is expected to enhance its brand visibility and financial stability.

Financial Performance

Net Loss Increase

With regular losses to Bira 91, its losses was increased up to 12% in the financial year 2023. The net loss reached INR 445.4 crore, up from INR 396 crore in the previous fiscal year.

Despite the increase, Bira 91 continues to focus on scaling its operations and expanding its market reach.

Revenue Growth

The company's revenue growth has been robust. The increased funding will enable Bira 91 to enhance its production capacity and distribution network, thus driving higher sales and market penetration.

Strategic Investments

Infrastructure Expansion

Bira 91 reported that the company will going to use the funding amount to expand its brewing capacity.

Investing in state-of-the-art brewing facilities will ensure consistent quality and meet the growing demand for its products.

Market Expansion

The funds will also be utilized for market expansion.

Bira 91 is about to enter in both markets domestic market as well as international market with strong innovation in products offerings.

Future Prospects

Innovation in Product Line

Bira 91 is committed to innovation. The company plans to introduce new and exciting flavors to cater to diverse consumer preferences. This approach will going to help it in competing its competitors in craft beer industry.

Sustainable Practices

Bira 91 emphasizes sustainable brewing practices. By adopting eco-friendly processes, the company aims to minimize its environmental impact while appealing to environmentally conscious consumers.

Last Thoughts

Bira 91 Secures $25M debt fund from Kirin Holdings marks a significant milestone for Bira 91.

With a total funding of $252 million, the company is well-positioned to achieve its growth objectives.

As Bira 91 prepares for a public listing and continues to innovate, it is set to strengthen its presence in the global craft beer market.