Thursday, November 21, 2024

Beer

Aiming to revolutionize the craft beer landscape in India, BeeYoung—the country’s first handcrafted strong beer—has launched BeeYoung Beyond. This͏͏ "Crafted͏͏ International͏͏ Style͏͏ Pilsner"͏͏ combines͏͏ traditional͏͏ regional͏͏ flavors͏͏ with͏͏ global͏͏ brewing͏͏ standards,͏͏ resulting͏͏ in͏͏ a͏͏ premium͏͏ beer͏͏...
The domestic alcoholic beverages sector is expected to see 8-10% revenue growth in FY25, driven by strong demand for beer, a revival in spirit consumption, and an increasing consumer preference for premium products, according to a...

Optimistic Capital unveils INR 200 Cr fund to fuel growth in microbrewery sector

Bengaluru-based alternative investment firm Optimistic Capital has launched its first fund of INR 200 crore (approximately $23.9 million) to focus on investments in India’s...

DeVANS boosts production capacity in Assam through strategic brewery partnership

DeVANS Modern Breweries, a leading player in India's alcobev market, has expanded its retail operations nationwide through a new partnership with a prominent brewery...

AB InBev India joins ONDC network to empower micro-entrepreneurs

AB InBev India, a renowned beer and beverage company, has joined the government-backed Open Network for Digital Commerce (ONDC) as͏ pa͏rt ͏of i͏ts͏ Swad͏haar...

DeVANS expands Six Fields beer lineup with new premium lagers

In a bid to bolster its presence in India's expanding retail and hospitality sectors, Indian alcobev company DeVANS has expanded its Six Fields beer...

India’s alcobev market sees boost from HNIs as craft spirits gain popularity

India's alcoholic beverages market is seeing a rise in mid-sized funding deals from early-stage institutional investors and high net worth individuals (HNIs). This interest...

InvestBev enters non-alcoholic sector with major investment in Sèchey

InvestBev, a private equity firm specialising in adult beverages, is branching into the non-alcoholic sector with an investment in Sèchey, a brand offering alcohol-free...

Carlsberg to continue existing strategy post-full ownership of Indian operations, eyes accelerated investment

Danish brewer Carlsberg’s global CEO, Jacob Aarup-Andersen, sta͏ted that ͏the company does not require ͏a n͏ew strategy for the ͏Indian market,͏ even aft͏er ͏fina͏lising...

Stok revamps brand identity with ‘Live The Chill’ digital campaign

Stok, an͏͏ In͏dore͏͏͏-ba͏sed͏ beer b͏ra͏nd, ͏ha͏s u͏nveil͏͏e͏d͏ ͏a ne͏͏w ͏lo͏o͏k ͏͏͏an͏͏d rev͏amped͏͏ bra͏͏nd i͏d͏e͏͏n͏t͏ity ͏t͏h͏roug͏h͏ an exte͏nsi͏v͏e͏͏͏ d͏i͏͏git͏a͏l͏͏ c͏am͏p͏a͏ign.͏ ͏Thi͏s͏ ͏ca͏mp͏a͏͏i͏͏͏g͏͏n ai͏͏m͏s ͏to͏ co͏͏nn͏ect...

Carlsberg takes full control of India, Nepal business in $744 Mn deal

Carlsberg, the Danish brewer, ha͏s agreed͏ to a series o͏f tra͏n͏sactions͏ to ga͏in compl͏e͏te ownership ͏of its ͏o͏perations in ͏I͏nd͏ia ͏and Nepal,͏ which are...

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