Bobakat parent Kathy's Beverages raises Rs 6 Cr pre-Series A to fund 135-store rollout

Mumbai-based bubble tea chain Bobakat will deploy fresh capital toward product innovation, marketing and offline expansion. Plans target 35 stores in FY27 and 50 each in the following two years, chasing Rs 100 Cr NSV in 36 months as India's beverage market scales from $80B to $155B by 2035.

— FiledMon, 11 May, 2026, 11:32 IST·First seen Thu, 14 May, 2026, 22:46 IST·Source Entrackr · Newsletter

What happened

Mumbai-based Kathy's Beverages, parent of bubble tea brand Bobakat, raised Rs 6 crore pre-Series A to fund product innovation, marketing and offline expansion.

Key facts

  • Rs 6 crore pre-Series A
  • 10 lakh consumers served
  • Rs 100 crore NSV target in 36 months
  • 35 stores in FY27
  • 50 stores each in next two FYs
  • India beverage market $80B in 2025 to $155B by 2035

Why this matters

Bobakat's funded expansion signals consolidation pressure in India's bubble tea whitespace, making early partnership or acquisition conversations more strategic now than post-FY27 footprint lock-in.