Indian craft beer maker Bira 91 raised $70 million in funds led by Japanese beer company Kirin Holdings Co Ltd as it looks to ramp up production amid strong demand for the alcoholic beverage.
Bira competes in India’s estimated $5 billion beer market with brands such as Carlsberg and Heineken-owned United Breweries NSE 0.59%. Craft beer sales are increasing in India as younger, more affluent consumers choose brands and pubs that make lighter brews with fresher ingredients. The investment by Kirin comes as Japan’s major beverage companies face a steady decline in alcohol sales revenue as the domestic population shrinks and younger people drink less than in previous decades, forcing companies to expand overseas or enter new markets.
Biotech Funding Alert ByStartupStory | November 11, 2025 BioactivX, a Singapore-based biotech startup specializing in advanced wound care solutions, has successfully raised $1.4 million in seed funding. The round was led by Cocoon Capital, a prominent early-stage venture… Source link
Digital lending startup Finnable has raised Rs 250 crore this August in a funding round led by Z47 (formerly Matrix Partners) and TVS Capital. This is the company’s second tranche, with the first Rs 250 crore being infused by the same investors back in November 2024. Post this round, the total capital raised by the Bengaluru-based lending startup stands at Rs 540 crore. The MEMG family office, led by Ranjan Pai, has also invested in the company. The firm plans to invest the fresh funds in technology, expand its branch network, and build new product… Source link
Greenfi, an AI-powered ESG risk management platform, has raised its first round of $2 million led by Transition VC. The Kerala-based startup’s artificial intelligence (AI)-powered environmental, social, and governance (ESG) compliance tool helps companies automate risk management and provide personalised, role-based recommendations on improving the user’s sustainability performance and addressing flagged risks. For instance, if a bank is investing $100 million in a solar power plant project, instead of having 20 people manually collecting data… Source link
