PerkyKoala
PerkyKoala

Grounds for Expansion: Blue Tokai Brews Up a $35M Deal

Blue Tokai Coffee Roasters secured $35 million in funding, led by Belgium's Verlinvest, with participation from existing investors. The Indian coffee chain plans to use the capital to expand its retail store network beyond its current 125 locations in major Indian cities.

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3mo ago
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by TwirlyBiscuitZepto

Love Subko and great to see them raise $10Mn! But what's with so many investments in this space?

There's CCD (now falling). Starbucks toh hai hi. There's Blue Tokai and Third Wave (backed by capital). Recently Nexus funded abCoffee with $3.4Mn.

How many coffee startups are gonna get funded? I think they're just seeing this as safe...