Blue Tokai Coffee raises $30-M led by A91
Gurugram-based specialty coffee brand Blue Tokai Coffee has raised USD 30 million (INR 245 crore) led by A91 Partners. White Whale Ventures and existing investors including Grand Anicut Fund and 8i Ventures participated in the funding round, which also saw some angel investors sell shares. The coffee brand has been reportedly valued at INR 650 crore post money. Blue Tokai plans to add 200 new stores over the next three years to add its current footprint of 60 stores
From the Venture Intelligence PE-VC Deal Database: Between Jun-2015 and Mar-2022, Blue Tokai Coffee had raised over USD 11 M from Mauryan Capital, Negen Capital, 8i Ventures,Snow Leopard Technology Ventures and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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