QSR chain chain abCoffee raises $2-M led by Tanglin Venture Partners

abCoffee, a quick service restaurant chain which offers a range of specialty coffee blends, has raised USD 2 million in its seed round led by Tanglin Venture Partners. 100X.VC, Panthera Peak, OTP Venture Partners and angel investors also joined the firm's first fundraise.. The funds will be used to enhance abCoffee's tech stack, expand its product range, and make its affordable specialty coffee accessible across India through its retail outlets. Founded by Abhijeet Anand in 2022, abCoffee claims to sell a variety of freshly brewed coffees at affordable prices. It provides a range of blends including Americano, Latte, Flat White, Iced Latte, and Irish Cold Coffee. The firm claims to have provided over 28,000 cups of coffee in a span of eight months.