Headquartered in Belgium, AB InBev, the world's largest brewer, has announced plans to invest approximately $50 million to expand its brewery operations in India's southern state of Karnataka. T The investment will be directed toward enhancing and expanding AB InBev's existing brewery in Mysore, which currently produces popular brands such...
Japan’s Kirin Holdings to Invest $70 million in Indian Beer Maker
Depending on the fast-expanding South Asian market at a time when it is facing pressure on growth at home, Japanese beverages firm Kirin Holdings is in talks to invest $70 million in Bira, an Indian craft beer brand that is manufactured by B9 Beverages Pvt. Ltd. Kirin, which first invested...
Sequoia Capital Raises $1.35 Billion For India and SE Asia
Sequoia Capital announced that it has received commitments of $1.35 billion for new investments in India and southeast Asia.. According to Shailendra Singh, Managing Director, Sequoia India, the three Sequoia India funds will continue to invest across India and Southeast Asia (SEA). They will be used to double down on...