Funding · Commerce & Consumer Brands
Drickle raises INR 6 crore in seed round
By Startup Enthusiast ·
- Date
- Company
- Drickle
- What it does
- Coffee-first beverage QSR brand
- Kind
- Funding
- Amount
- INR 6 crore
- Stage
- seed
- Based in
- Bengaluru
- Founded
- 2020
What they do
Drickle is a coffee-first beverage QSR brand operating seven compact outlets in Bengaluru
What happened
It raised close to INR 6 crore in an all-equity seed round, with angel investors and Ideabaaz participating
Why it matters
The funds will expand outlets, boost backend manufacturing, and build the team and brand
The details
- Drickle raised close to INR 6 crore in a seed round, entirely through equity.
- The round included an extension of INR 50 lakh via Ideabaaz.
- Angel investors included Param Kandhari, Naresh Krishnaswamy, Abhinav Mathur, Hemanshu Jain, Vinay Bhopatkar, Vaibhav Sisinty, Dalvir Suri, and Rishit Jhunjhunwala.
- Shaili Chopra participated through Ideabaaz.
- The company previously raised INR 5.3 crore in April 2025.
- Funds will support outlet expansion in Bengaluru, backend manufacturing, leadership hiring, and marketing.
- The company operates seven compact-format outlets across Bengaluru, each 150–200 sq ft.
- Drickle's model is inspired by Luckin Coffee and Mixue, adapting a scale-led asset-light approach for India.
The bigger picture
- The seed round follows a previous raise of INR 5.3 crore, showing continued investor interest.
- Drickle's revenue grew 38.9% in FY25 to ₹1.8 crore, indicating early traction.
- The asset-light model without espresso machines could enable faster scaling and lower costs.
- Positioning between mass filter coffee and mass-premium café chains targets a growing mid-market segment.
About the business
- Drickle is a coffee-first beverage QSR brand, formerly known as BONOMI.
- It operates seven compact-format outlets in Bengaluru, each 150–200 sq ft.
- Outlets are clustered within micromarkets to drive high-frequency consumption.
- The menu includes fresh-brewed flavoured coffees, matcha, boba, and Thai tea.
- Prices range from Rs 100 to Rs 150 per item.
- The company owns a backend manufacturing facility in Bengaluru producing coffee brewing solutions and key ingredients.
- Stores are asset-light and do not use espresso machines.
- The brand sits between mass filter coffee players and mass-premium café chains.
What happens next
- Expand outlets in Bengaluru.
- Strengthen backend manufacturing capabilities.
- Build leadership and operations teams.
- Invest in marketing and brand building.
The deal
- Type
- seed
Investors
- Ideabaaz (participated) — Investment platform through which Shaili Chopra participated.
- Param Kandhari (angel)
- Naresh Krishnaswamy (angel)
- Abhinav Mathur (angel)
- Hemanshu Jain (angel)
- Vinay Bhopatkar (angel)
- Vaibhav Sisinty (angel)
- Dalvir Suri (angel)
- Rishit Jhunjhunwala (angel)
- Shaili Chopra (angel)
Founders
- Rahul Nijhawann, Co-founder, Revenue, Expansion, Finance, P&L Lead
- Vardhman Jain, Co-founder, NPD (F&B), Operations, CX, Procurement
- Armaan Reet, Founder
About Drickle
- Product
- first beverage brand
- Customers
- Coffee and beverage consumers in urban micromarkets looking for accessible quick-service beverages.
- How it makes money
- Sells coffee and beverages through compact company-operated quick-service retail outlets.
- What sets it apart
- Operates 150-200 sq ft compact-format outlets clustered within micromarkets offering beverages in the Rs 100-150 price range.
Other articles talking about it
Same day
- Eggoz reports Rs 130 Cr revenue, EBITDA breakeven in Q413 January 2026 · Results
- IndiQube launches new office in Bhubaneswar13 January 2026 · Launch
- Innovaccer completes Rs 600 crore ESOP buyback13 January 2026 · Milestone · Rs 600 crore (~$75 million)
- Secret Alchemist raises $3m seed round led by Unilever Ventures13 January 2026 · Funding · $3M
- Blinkit drops 10-minute delivery claim after government pressure13 January 2026 · Policy
- Misochain Technologies raises ₹18 crore seed funding led by Capital-A13 January 2026 · Funding · ₹18 crore