Bira 91 Faces Supply Chain and Regulatory Challenges Amidst Funding Struggles

- Bira 91, once a craft-beer favorite, is now grappling with supply shortages and regulatory issues in India's tough alcobev market. - Despite significant funding from Kirin Holdings and Peak XV Partners, Bira's beer supply has dwindled at liquor retailers and pubs. - The company expanded its production capacity anticipating rapid growth, but this led to severe cash flow issues and operational disruptions. - Bira's unique brewery-leasing model has been criticized for its high operational costs and lack of tax incentives. - Founder-CEO Ankur Jain remains optimistic, aiming for an IPO in 2026 and planning to deploy additional funds to stabilize the company. Source: The Ken