India: Witlinger beer maker plans minority stake sale to raise up to $7m

India: Witlinger beer maker plans minority stake sale to raise up to $7m

Launched in 2014, Witlinger, has so far been importing the craft beer, and now wants to produce its wheat and lager variants in India.

Kaama Impex Pvt. Ltd, the maker of Witlinger beer, is in advanced talks with an Indian private equity fund to raise $5-7 million (Rs30-40 crore) in exchange for a minority stake, managing director Anuj Kushwah said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter