Bira 91 founder and CEO Ankur Jain addressed recent media coverage about the company’s fundraising efforts, reaffirming his commitment to employees and the company’s long-term stability. In a note to his team, Jain emphasized that his “singular focus” remains on completing the fundraise and protecting the interests of both Bira 91 and its employees.
He confirmed that the company is in active discussions with investors to secure the capital required to stabilize operations. “While there are still many bridges to cross, we are confident that we will be able to bring these efforts to a positive conclusion,” he said, adding that all stakeholders have been supportive of the company’s goals.
Jain also stressed that employees will be fully prioritized throughout the fundraising process. “No employee’s interest will be sacrificed as we succeed in our efforts,” he stated, highlighting that for over a decade, Bira 91 has ensured timely payroll even at the expense of other critical investments.
Addressing recent negative media reports, Jain called them “inaccurate, unsubstantiated, and driven by cynical objectives,” noting that the company’s focus remains on growth and employee welfare.
He concluded by expressing optimism about Bira 91’s future: “Despite this speed bump, I am optimistic that we will bring back Bira 91 on the growth highway.”
Founded in 2015, Bira 91 has grown into one of India’s leading craft beer brands, known for its youthful identity and innovative products. The upcoming fundraise is expected to mark the company’s next phase of expansion.
