Khaitan, Themis on Bira91 beer fundraising from Sequoia and others

Khaitan & Co advised B9 Beverages on selling 20 per cent stake to Sequoia Capital which was advised by Themis Associates.

Khaitan Delhi associate partner GT Thomas Phillippe, principal associate Arjun Rajagopal and associate Akshaya Iyer acted for B9.

Themis Bangalore principal associate Ashwani Verma acted for Sequoia.

The Craft beer company B9 raised $6m (Rs 37 crore) in this round which included, in addition to Sequoia, Snapdeal and Zomato as investors for its handcrafted beer brand Bira91, reported Your Story.

Comments

Ex Khaitan 9 Jan 2016, 19:08
+2 -0
Well done Akshaya! A star in the making
Bira 11 Jan 2016, 11:20
+1 -0
Love Bira...good to see they raised some money. Think Sequoia may be on to a winner here!!