After completing his Bachelor’s from Illinois Institute of Technology in 2002, Jain continued to pursue his entrepreneurial journey for four years. Fortunate enough to find a buyer later, he came back to India as the healthcare start-up found a new owner. He took up a job at Reliance Industries in 2007, but left after a year to venture out on his own in 2008. B9 Beverages didn’t exist in its current form then; Jain began a beer distribution company. He started importing 20-30 types of beer, which didn’t exist in India. His tryst with import made him aware of the preferences of the younger generation towards lighter flavours and wheat beer. It also helped him figure out the correct price point Indian consumers were happy to shell. During this time, he found a huge vacuum in the market and decided to be the new entrant and compete with the already established big daddies of beer.
THE SEQUOIA STORY
This story is from the January 2020 edition of Entrepreneur magazine.
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This story is from the January 2020 edition of Entrepreneur magazine.
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