Key Points
New Delhi:Private equity fund Tiger Pacific Capital has acquired close to 4% of B9 Beverages, maker of Bira 91 beer and owner of pub chain The Beer Cafe, for $25 million (Rs 207 crore)..
The combination of strategic partners and blue chip financial sponsors spread across Japan, New York and India make our cap table unique, Ankur Jain, chief executive of B9 Beverages, told ET..
The investment is focused on strengthening B9s capital base and tapping into new investor bases focused on pre-IPO companies and listed securities..
You might be interested in
Amicus Capital hits first close of second fund at $146 mn
17, Jan, 24The fund plans to invest $10-30 million each in 10-12 middle market companies across five key sectors
Rishi Navani’s Epiq Capital closes second fund at $225 million
28, Jun, 23The venture capital firm has already backed startups such as eyewear retailer Lenskart, news aggregator Dailyhunt, fitness platform Cultfit, app development company Builder.ai, and healthtech startup Pristyn Care.
3One4 Capital raises $200 mn for its 4th venture capital fund
08, May, 23At a time when the funding winter is intensifying, India-focused funds continue to gain traction, a sign of a maturing ecosystem and significant investor interest in the region