Grab-and-go coffee chain abcoffee has secured Rs 61 crore ($6.39 million) in a pre-Series B funding round led by Kliff Ventures, signaling accelerated investor interest in India’s rapid-service beverage sector.
The funding round also drew participation from Hero Enterprise Partner Ventures, Merisis Venture Fund, and Stride Ventures.
According to company officials, the fresh capital is earmarked to drive geographic expansion into both existing and new markets. The startup also plans to bolster its supply chain and backend operations, upgrade its tech infrastructure, and invest heavily in product innovation, subscriptions, and customer engagement initiatives.
Founded in 2022 by Abhijeet Anand, abcoffee has rapidly carved out a niche by eschewing the traditional, sprawling café layout in favor of compact, tech-driven grab-and-go kiosks. The brand currently operates more than 90 outlets across major metros, including Mumbai, Delhi-NCR, and Bengaluru.
The investment follows a period of aggressive financial growth for the startup. The company reported that its overall revenue doubled in FY26, while store-level EBITDA—a key metric for retail profitability—surged by 193.2% year-on-year. Driven by its digital-first approach, more than 50% of abcoffee’s takeaway orders are now routed through its proprietary mobile app. Furthermore, its monthly subscription platform now pre-sells over 40,000 beverages, contributing to a 60% customer repeat rate.
To sustain this momentum, the chain has recently diversified its menu beyond standard espresso drinks, introducing mainstream health trends like matcha beverages and a specialized line of protein coffees under its “Procaff” brand.
The funding lands abcoffee in the middle of a highly competitive and well-capitalized domestic coffee market. The startup actively competes with established premium café chains and digital-first brands including Third Wave Coffee, Blue Tokai, Rage Coffee, Slay Coffee, Sleepy Owl, and Seven Beans Co.
This pre-Series B injection follows a $3.4 million Series A round closed in March 2024, which was led by Nexus Venture Partners and backed by Tanglin Venture Partners.
By: Sandhya Bharti
