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BlackRock Eyes ₹500 Crore Investment in Bira91 Promoter Group
BlackRock Eyes ₹500 Crore Investment in Bira91 Promoter Group
Publish Date :
American investment giant BlackRock is reportedly in advanced discussions to invest ₹500 crore in the promoter group of B9 Beverages, the company behind Bira91. The structured debt deal would involve funding holding companies owned by founder Ankur Jain, with the capital being used to buy out early investors like Peak XV Partners and Sofina, as well as to inject fresh funds into B9 Beverages for growth.
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