/
•
•
Once a promising craft beer maker, the Sequoia-funded company is now facing its most challenging crisis ever.

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?
Stories of great outcomes and easy funding kept the sector on its toes. The momentum is expected to continue going into 2026, but startups may need to rethink their strategy.
Once India’s craft beer breakout star, Bira collapsed under unchecked ambition, runaway costs and a founder who just could not slow down.