India, Nov. 4 -- upGrad has filed an insolvency petition against B9 Beverages Ltd, the maker of Bira91 beer, over alleged unpaid dues of Rs.1.02 Cr, adding to the financial and legal challenges facing the brewer.

The petition, filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, was submitted to the Delhi bench of the NCLT on October 22, as per documents reviewed by Moneycontrol.

upGrad has named B9 Beverages as the corporate debtor and sought the initiation of the corporate insolvency resolution process (CIRP) to recover the outstanding amount.

The petition does not disclose the nature of services provided by upGrad to the beverage maker.

Inc42 has reached out to upGrad and Anicut Capital for a comment on the deve...