Specialty coffee chain abCoffee has raised ₹61 crore (about $6.4 million) in a Pre-Series B funding round led by Kliff Ventures, with participation from Hero Enterprise Partner Ventures, Merisis Venture Fund, and Stride Ventures, according to inc42.com. This latest round brings the startup’s total funding to over $11 million. The company plans to use the capital to expand its offline presence and enhance its technology and product offerings.
Founded in 2022 by Abhijeet Anand, Mumbai-based abCoffee operates more than 90 outlets across Mumbai, Delhi NCR, and Bengaluru. The Pre-Series B round follows a $3.4 million Series A led by Nexus Venture Partners. The fresh capital will support expansion into new and existing markets, strengthen the supply chain, improve backend infrastructure, and boost customer engagement through initiatives like its abCircle rewards platform. The startup also recently introduced new products such as Matcha and Procaff, a protein coffee lineup targeting wellness-focused consumers.
The funding round underscores the growing demand for premium yet affordable Indian coffee and reflects abCoffee’s strong market position. The company reported a doubling of revenue year-on-year in FY26, with store-level EBITDA increasing by 193.2%. Around 60% of its customers return for repeat purchases, and 54% of takeaway orders are placed via its app, highlighting its tech-enabled approach in a competitive sector.
Looking ahead, abCoffee aims to deepen its footprint in Mumbai, Delhi NCR, and Bengaluru while continuing product innovation and technology upgrades. The company’s focus on blending offline expansion with digital engagement is expected to drive further growth in India’s evolving coffee market, inc42.com reported.