
Beer maker Bira plans $132 million fundraising; GEM among suitors
Published on: Oct. 8, 2025, 11:38 a.m. | Source: The Economic Times
Indian craft beer maker Bira is in talks to raise $132 million in its largest funding round, with New York-based Global Emerging Markets (GEM) reportedly among potential investors. The funds will address working capital needs and pending dues, following a name change that caused significant business disruption and losses. Bira aims for business recovery through sales and supply chain restructuring.