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Ankur Jain Exits Bira as Anicut Capital Takes the Helm

Ankur Jain Exits Bira as Anicut Capital Takes the Helm

Home/News/Ankur Jain Exits Bira as Anicut Capital Takes the Helm

Anicut Capital has taken over B9 Beverages founder Ankur Jain's shares. The venture debt provider will now lead the troubled company's restructuring efforts. Anicut Capital will also nominate three members to the Bira 91 beer brand's board. The company faces significant debt and liabilities of one t

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Tags:#india-business#startup-funding#venture-capital#restructuring#food-tech

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