Funding · Commerce & Consumer Brands

Abcoffee raises Rs 61 crore from Kliff Ventures

What they do

Abcoffee operates a grab-and-go coffee chain with compact stores in Mumbai, Delhi-NCR, and Bengaluru

The company raised Rs 61 crore ($6.39 million) led by Kliff Ventures to expand its network

Revenue doubled in FY26 as the chain plans to reach 200 stores within the next two years

Abcoffee has raised Rs 61 crore ($6.39 million) in Pre-Series B funding.
The round was led by Kliff Ventures, a newly launched consumer retail fund by K Hospitality Corp.
Existing investors Hero Enterprise Partner Ventures, Merisis Venture Fund, and Stride Ventures participated in the deal.
Founder and CEO Abhijeet Anand founded the company in 2022 to build a high-efficiency coffee chain.
The startup currently operates 97 outlets across Mumbai, Delhi-NCR, and Bengaluru.
Mumbai hosts the largest network with 52 stores among the current locations.
The company reported that revenue doubled in FY26 compared to the previous fiscal year.
Cashflow or EBITDA increased by 193.2% year-on-year in FY26 according to financial metrics.

India's out-of-home coffee market is expected to grow at a CAGR of 15-20%.
The market size is projected to reach between $2.6 billion and $3.2 billion by 2028.
Abcoffee aims to densify locations in existing markets using the new capital.
The expansion strategy focuses on high-density office, residential, and transit-led micro-markets.

Abcoffee runs a grab-and-go model with compact and high-efficiency store formats.
The brand offers pick-and-go facilities designed for quick customer service and turnover.
Products include Matcha beverages and the Procaff protein coffee range for health-conscious consumers.
The abcircle rewards platform helps drive customer loyalty and repeat engagement.
54% of takeaway orders are placed via the mobile app indicating strong digital adoption.
Subscriptions account for nearly half of all app orders and pre-sell over 40,000 cups monthly.
The company maintains a 60% high-frequency repeat customer rate across its outlets.
Operations focus on backend infrastructure strengthening and operational excellence for scalability.
Product innovation remains a key pillar alongside supply chain improvements for consistency.

The company plans to cluster-led expansion in existing markets.
Abcoffee targets reaching 200 stores in the next one to two years.
Funds will be used for technology upgrades and customer engagement initiatives.
Expansion will focus on high-density office and residential micro-markets.
Supply chain strengthening and product innovation remain key operational priorities.

Kliff Ventures (lead) — A newly launched consumer retail fund by K Hospitality Corp.
Hero Enterprise Partner Ventures (co-lead) — Investment arm associated with Hero Group ecosystem.
Merisis Venture Fund (participated) — Venture fund participating in the growth round.
Stride Ventures (participated) — Venture firm investing in early-stage consumer brands.

Product: Grab-and-go coffee chain with specialty coffee in compact store formats
Customers: Daily commuters and working professionals seeking quick premium coffee in urban markets
How it makes money: Subscription-based D2C coffee with high repeat customer rate through app ordering and convenience retail expansion
What sets it apart: High store-level EBITDA and 60% repeat customer rate through app-first ordering and subscription model