👥 HR & Workplace🇮🇳 India
Bira's Founder Is Out — Lenders Are Now Running the Show
Mint·Friday, 31 July 2026
After founder Ankur Jain's exit from B9 Beverages, the maker of Bira beer, lender Anicut Capital has placed its executives on the company's board. This follows a debt restructuring settlement. Lenders are now tightening oversight of the craft beer brand.
Why It Matters
This is a textbook example of what happens when a startup fails to manage debt — the founders lose control and lenders step in, a risk many Indian startups face.
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