Blue Tokai Coffee Roasters raised $30 million in its Series B led by A91 Partners

Share via:

Specialty coffee brand startup Blue Tokai Coffee Roasters raised $30 million in its Series B led by A91 Partners where existing investors including Grand Anicut Fund, 8i Ventures and a few family offices.

Blue Tokai operates through three channels: cafe stores, marketplaces, and its website, as well as B2B channels. It also sells its coffee to hotels, restaurants, and cafes. Blue Tokai Coffee intends to use this funding to continue scaling the business and expanding its presence in specialty coffee markets around the world. According to a Mordor Intelligence report, the global coffee market is expected to grow at a CAGR of 4.65% between 2022 and 2027. The Indian coffee market is expected to reach $2.03 billion by 2025.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Blue Tokai Coffee Roasters raised $30 million in its Series B led by A91 Partners

Specialty coffee brand startup Blue Tokai Coffee Roasters raised $30 million in its Series B led by A91 Partners where existing investors including Grand Anicut Fund, 8i Ventures and a few family offices.

Blue Tokai operates through three channels: cafe stores, marketplaces, and its website, as well as B2B channels. It also sells its coffee to hotels, restaurants, and cafes. Blue Tokai Coffee intends to use this funding to continue scaling the business and expanding its presence in specialty coffee markets around the world. According to a Mordor Intelligence report, the global coffee market is expected to grow at a CAGR of 4.65% between 2022 and 2027. The Indian coffee market is expected to reach $2.03 billion by 2025.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at [email protected]

More like this

This Week on Crypto Twitter: SBF Resurfaces, Yuga Labs...

Just when you thought the world was ready...

Security Bite: Jamf warns cyber hygiene among many Apple-using...

Hey, Arin here. Last week was the busiest...

Apple’s wearable ideas include smart glasses and cameras in...

Apple’s future roadmap for wearables may include AI-powered...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!