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Results · 31 October 2026Boba BhaiBubble tea chainbobabhai.com ↗

Boba Bhai revenue FY26: ₹68 Cr

Boba Bhai revenue more than doubles to ₹68 Cr

By · Editor ·

Boba Bhai revenue

Boba Bhai reported revenue of ₹68 Cr in FY26, as reported by Entrackr on 31 October 2026.

Boba Bhai revenue
Revenue (FY26)₹68 Cr
BengaluruFounded 2023
  • Boba Bhai is a Bengaluru-based tea and beverage chain, backed by Titan Capital, that opened several dozen new stores recently
  • Operating revenue jumped 139% to ₹68 crore in FY26 from ₹28.44 crore the year before
  • Total expenses rose 2.3 times to ₹90.4 crore, widening losses, and the company had 188 employees by March 2026

What happened

  • Revenue grew 139% to ₹68 crore in FY26.
  • Food and beverage sales were ₹67.26 crore, 99% of revenue.
  • Spending rose to ₹90.4 crore, so losses widened.
  • Headcount stood at 188 in March 2026.

Why it matters

  • Fast store expansion lifted sales but also costs.
  • Staff costs rose 210% to ₹13.5 crore.
  • Materials, the biggest cost, reached ₹25 crore.

The business

  • Based in Bengaluru.
  • Sells bubble tea and other beverages.
  • Grows through new company stores.
  • Backed by Titan Capital.

Who put in money

In numbers

₹68 CrRevenue from operations · FY26
₹90.4 CrTotal expenses · FY26
188Employees · FY26

The numbers around it

Boba Bhai has 1 funding rounds in StopDown's archive.

#The numbers around it
WhenRoundAmountLed by
10 March 2026Series A$4.4 Mn8i Ventures

Commerce & Consumer Brands in October 2026: 32 rounds with a disclosed amount, $195 million in all; the biggest was Boldfit (₹400 Cr). Every sector this year →

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Terms in this story

  • Revenue from operations: Revenue from operations is what a company earns from its main business. Total income adds other income, such as interest on cash. When Indian outlets report different revenue for the same startup and year, they are often quoting one of these two lines.
  • Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.

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