abcoffee Raises ₹61 Crore Pre-Series B to Expand Across 3 Indian Cities

11 articles · Updated · entrepreneur.economictimes.indiatimes.com · May 25

₹61 crore in pre-Series B funding will help abcoffee deepen its footprint in Mumbai, Delhi-NCR and Bengaluru while moving into office, residential and transit-heavy micro-markets.
Kliff Ventures led the round, with Hero Enterprise Partner Ventures, Merisis Venture Fund and Stride Ventures also participating.
FY26 revenue doubled year on year, and store EBITDA rose 193.2%, giving the startup fresh backing as it pushes an affordable premium coffee model.
54% of takeaway orders now come through abcoffee's app, where subscriptions make up half of orders and pre-sell more than 40,000 beverages a month.
India's outside coffee market is projected to grow 15%-20% to $2.6-$3.2 billion by 2028, driven by takeaway demand, specialty coffee and younger consumers.

As India’s coffee market booms, can a budget-friendly app model truly dethrone the traditional premium café experience?

Why is a legacy F&B giant betting on a fast coffee startup to win India's future beverage war?

With 40,000 coffees pre-sold monthly, is abcoffee building lasting loyalty or just a temporary convenience habit?