New Delhi, March 6:슬롯 머신 사이트 추천B9 Beverages Ltd, Bira 91's parent company, on Wednesday said it is raising $25 million in new funding from Tiger Pacific Capital, an Asia-focused fund headquartered in New York and Hong Kong. The new investment is part of a $50 million round raised by the company, with participation from its existing investor, Kirin Holdings of Japan, and Tiger Pacific Capital from New York, it said in a statement.
"As Bira 91 takes next steps to drive growth across markets and strengthen its supply chain, this new partnership will strengthen the company슬롯사이트™s balance sheet considerably,슬롯사이트� said Ankur Jain, Founder and CEO, Bira 91. With this capital, 슬롯사이트œwe will expand our manufacturing footprint to new regions, including Uttar Pradesh,슬롯사이트� he added. The company has six large-scale manufacturing plants in the country.슬롯 머신 사이트 추천Tesla Halts Production at German Factory after Suspected 슬롯사이트˜Arson Attack슬롯사이트� Causing Power Outage, Elon Musk Says 슬롯사이트œDumbest Eco Terrorists on Earth슬롯사이트�.
Bira 91 is now the fourth largest beer company in India, behind only multinationals like Heineken, AB-Inbev and Carlsberg, and has experienced strong double-digit growth since its inception 9 years ago. The company also owns the country슬롯사이트™s largest beer-focused pub chain, The Beer Cafe.슬롯 머신 사이트 추천Union Minister Jitendra Singh Inaugurates IN-SPACe Technical Centre in Bopal, Ahmedabad.
슬롯사이트œWe are excited to partner with emerging companies in India, especially brands like Bira 91 with a unique understanding of the new Indian consumer, and a strong local manufacturing footprint,슬롯사이트� said Run Ye, Founder of Tiger Pacific Capital. Founded in 2015, B9 Beverages is backed by leading investors including Japan's leading beer company, Kirin Holdings, Japan슬롯사이트™s largest bank, MUFG Bank, Sofina of Belgium, and Peak XV Partners (formerly Sequoia India).
(The above story first appeared on LatestLY on Mar 06, 2024 11:15 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).