Beer Brand Bira 91 bags $10 Mn funding from Japan’s MUFG bank
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Indian beer startup Bira 91 has raised $10 Mn from Japan’s largest bank, MUFG Bank, three months after it raised $70 Mn in its Series D funding round from Japanese beer company Kirin Holdings. In a statement, the craft beer brand said it would use the fresh funds to ramp up production, bolster the supply chain, and improve its innovation capabilities.