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abCoffee Raises Rs 61 Crore to Accelerate Store Expansion

The pre-Series B will fund cluster-led growth, technology and subscription upgrades to scale daily grab-and-go coffee.

Overview

  • abcoffee announced a Rs 61 crore pre-Series B led by Kliff Ventures on Monday, May 25, 2026, with participation from Hero Enterprise Partner Ventures, Merisis Venture Fund and Stride Ventures.
  • The chain currently runs about 90–97 outlets across Mumbai, Delhi‑NCR and Bengaluru and plans to add roughly 200 more stores over the next 1–2 years by densifying high-density office, residential and transit micro-markets.
  • Company leadership says a large share of the new capital will go to technology, its abCircle subscription and rewards system, backend infrastructure and supply-chain strengthening to improve repeat purchase rates and operational efficiency.
  • abcoffee reported strong FY26 results, with revenue doubling year‑on‑year and cashflow rising about 193%, metrics the company cites to justify rapid expansion.
  • The raise reflects growing investor interest in India’s specialty and ready-to-drink coffee segment and builds on abcoffee’s digital traction — about half of app orders come from subscriptions and the business says it pre-sells more than 40,000 cups monthly.