bira

9 ARTICLES

bira
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How Ankur Jain blew it with Bira

Once India’s craft beer breakout star, Bira collapsed under unchecked ambition, runaway costs and a founder who just could not slow down.

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Bira founder agrees to step down from the company

An in-principle agreement has been reached between Ankur Jain and Bira’s shareholders. The details are now being hammered out.

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Bira shareholders plan an EGM to oust the founder

A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.

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No interim relief for Bira founder on pledged shares

The Delhi High Court sends the share-transfer dispute between Ankur Jain and Hero’s Sunil Munjal to arbitration.

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Sunil Munjal invokes shares in Bira-linked entity

In another blow, founder Ankur Jain stands to lose further control over his troubled beer brand.

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Bira loses control of The Beer Cafe, investors move in

The popular beer chain is now evenly owned by Anicut Capital and Kirin Holdings.

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Sula is what Bira wanted to become

Last week, the 26-year-old wine company filed for an IPO. It might just become the most fashionable Indian alcohol brand to go public.

21 Jul 2022

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Troubles brewing at The Beer Cafe

Caught between an unforgiving market and an impatient investor, The Beer Cafe is adrift.