
Indian grab-and-go coffee chain abcoffee has raised Rs 61 crore ($6.39 million) in a pre-Series B funding round led by Kliff Ventures, as it looks to expand further in India’s fast-growing coffee market. The funding round also included participation from Hero Enterprise Partner Ventures, Merisis Venture Fund and Stride Ventures. The startup plans to use the fresh capital to deepen its presence in Mumbai, Delhi-NCR and Bengaluru, while expanding into office, residential and transit-focused micro-markets.
“Coffee in India is rapidly shifting from an occasional café outing to an everyday consumption habit. abcoffee was built for this behavioural change. Our focus remains on delivering great coffee quickly, accessibly, and consistently through smart formats and a technology-led consumer experience,” said Anand.
According to abcoffee, 54% of takeaway orders are now placed through its app, with subscriptions accounting for half of all app-based orders. The platform currently pre-sells more than 40,000 beverages each month through subscription plans. The startup has also widened its product range with matcha drinks and protein coffee offerings under its Procaff brand.
About Abcoffee
Abcoffee has been Founded in 2022 by Abhijeet Anand. The startup operates more than 90 compact takeaway outlets designed for fast daily coffee consumption rather than traditional café-style dining.