Bira 91 founder Ankur Jain details fundraising efforts amid leadership crisis

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Bira 91 founder and CEO Ankur Jain addressed recent controversies around the company, stating that his main focus is on completing a fundraising round to stabilise the business and protect employee interests.

In a LinkedIn post, Jain said, “A lot of you may have read recent media coverage on the progress we have made on capital raise in the recent days – and while there are still many bridges to cross, we are confident that we will be able to bring these efforts to a positive conclusion, subject to co-operation of our investors,” the post read.

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Bira 91 founder Ankur Jain details fundraising efforts amid leadership crisis



Bira 91 founder and CEO Ankur Jain addressed recent controversies around the company, stating that his main focus is on completing a fundraising round to stabilise the business and protect employee interests.

In a LinkedIn post, Jain said, “A lot of you may have read recent media coverage on the progress we have made on capital raise in the recent days – and while there are still many bridges to cross, we are confident that we will be able to bring these efforts to a positive conclusion, subject to co-operation of our investors,” the post read.

Jain…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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