abCoffee Bags ₹61 Cr To Expand Offline Footprint
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Specialty coffee chain abCoffee has raised ₹61 Cr (about $6.4 Mn) in its Pre-Series B funding round led by Kliff Ventures with participation from Hero Enterprise Partner Ventures, Merisis Venture Fund and Stride Ventures.
With the latest capital infusion, the startup’s total funding has crossed $11 Mn, including its previous $3.4 Mn Series A round led by Nexus Venture Partners.
The fresh capital will allow the coffee chain to expand its presence across both existing and new markets in Mumbai, Delhi NCR and Bengaluru.
A portion of the funding will also go towards strengthening tech, customer engagement, subscriptions, supply chain strengthening, product innovation and backend infrastructure upgrades.
Founded in 2022 by Abhijeet Anand, Mumbai-based abCoffee positions itself as a tech-enabled grab-and-go coffee chain focused on making premium Indian coffee affordable and accessible.
operates more than 90 outlets across Mumbai, Delhi NCR and Bengaluru. It recently launched new flavours like Matcha and Procaff, a protein coffee lineup aimed at tapping into growing demand for wellness and functional beverages.
The startup has also launched abCircle, a rewards platform designed to increase customer engagement and repeat orders.
In FY26, abCoffee claims its revenue doubled year-on-year, while store-level EBITDA jumped 193.2%. The startup claims that around 60% of its customers return for repeat purchases.
About 54% of takeaway orders are placed through the abCoffee app. Its digital subscription ecosystem contributes nearly half of all app orders and reportedly pre-sells more than 40,000 cups every month.
abCoffee competes with a mix of specialty coffee and QSR startups in India, including players such as First Coffee, Sleepy Owl, Blue Tokai and Nothing Before Coffee.
The funding comes as India enters its third wave of coffee consumption, marked by the rise of specialty and craft coffee. D2C brands such as abCoffee, Sleepy Owl and Country Bean, among others, have led the charge by popularising single-estate and single-origin beans roasted in small batches for premium experiences.
Investor appetite also appears to be growing, fuelled by rising demand for filter coffee and specialty formats.
At the heart of it lies India’s ready-to-drink coffee market, which spans instant coffee, roasted-and-ground beans, cold brew and nitro coffee, is projected to reach $20 Bn by 2030.
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