abcoffee bags Rs 61 Cr pre-Series B led by Kliff Ventures to scale grab-and-go chain
Mumbai-born coffee chain abcoffee raised Rs 61 Cr ($6.39M) pre-Series B led by Kliff Ventures, with Hero Enterprise, Merisis, Stride and Nexus participating. Capital fuels expansion of its 90+ outlet footprint across Mumbai, Delhi-NCR and Bengaluru, plus supply chain, tech and the Procaff product line.
What happened
Grab-and-go chain abcoffee raised Rs 61 Cr pre-Series B led by Kliff Ventures to expand its 90+ store network across Mumbai, Delhi-NCR, Bengaluru, strengthen
Key facts
- Rs 61 crore
- $6.39 million
- 90 outlets
- 193.2% YoY store EBITDA growth
- 60% repeat customer rate
- 40,000 beverages/month subscription
- $3.4 million Series A (March 2024)
Why this matters
abcoffee's funded expansion across Mumbai, Delhi-NCR and Bengaluru plus its Procaff product line tightens the competitive squeeze on Blue Tokai, Third Wave and Starbucks in the premium grab-and-go segment.