V9 Beverages Private Limited announced that it expects to receive INR 32 million in funding from United Spirits Limited

V9 Beverages Private Limited announced that it has entered into share subscription and shareholder agreement to issue 1,762 Compulsory Convertible Preference Shares at an issue price of INR 18,161.180476 per share for the gross proceeds of INR 32,000,000 on January 20, 2026. The transaction will include participation from returning investor, United Spirits Limited to increase the stake to 25%. The transaction will expected to close on or before February 20, 2026.

The transaction is being raised at a post money valuation of INR 320,000,000.