Craft coffee maker Rage raises $5-M from Sixth Sense
Rage Coffee, a New Delhi-based craft coffee maker, has raised USD 5 million from Sixth Sense Ventures as part of its Series A. The fresh capital will be used to scale production, launch new products, expand online presence and offline footprint, and for marketing and distribution as well as hiring. The company had in January raised growth capital from GetVantage, a fintech platform that provides revenue-based financing. Rage Coffee manufactures, markets and retails coffee products through online marketplaces and more than 1,000 offline touch points. The company was recently accepted into Amazon's Global Selling Accelerator Programme that takes Indian brands to global markets through its network.
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