Bira 91 founder Ankur Jain to resign this week as B9 Beverages faces financial crisis.

Bira 91 founder Ankur Jain to resign this week as B9 Beverages faces financial crisis. The craft beer maker, which halted production in late 2025, is struggling with salary delays running into several crores and mounting vendor pressure. Existing investors plan to inject approximately 400 crore rupees at a significantly reduced valuation, with an option to add another 100 crore. The leadership transition will include appointment of a new CEO and professional management team to oversee lender-backed restructuring. The company, launched in 2015 and once valued at 625 million dollars, has faced operational disruptions and funding challenges over the past two years despite backing from prominent investors including Peak XV Partners, Sofina, and Kirin Holdings.