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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Once India’s craft beer breakout star, Bira collapsed under unchecked ambition, runaway costs and a founder who just could not slow down.
It’s 2016. A meeting is on at the India office of AB InBev, maker of Budweiser, Corona and Stella beers. The subject of discussion though is none of these brands. Rather, it’s about an upstart local beer whose popularity is spreading like wildfire, one that could very well pose a threat to many.
Similar is the chatter at the Dutch brewer Heineken, which is watching the young brand closely.
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Few brands have crumbled the way Bira has. Once the breakout star of India’s craft beer revolution—a viral brand that came to define the category—it now lies in tatters. Operations …
The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.
Peak XV Partners is in a pickle. The loss of much of its senior India leadership has thrown up a familiar venture capital conundrum: how do firms reward and retain top performers in a business where a few big wins end up carrying the entire fund?
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
