PE Fund Investments
Specialty coffee chain Blue Tokai raises funding from 12 Flags
12 Flags Group, the India-focused consumer fund set up by former Reckitt Benckiser CEO Rakesh Kapoor, has made its first investment in New Delhi-headquartered specialty coffee chain Blue Tokai Coffee Roasters .Set up in 2013, Blue Tokai currently has 4 roasteries, over 100 physical outlets across cities and regions including Delhi NCR, Mumbai, Bangalore, Hyderabad, Kolkata and Pune, as well as international operations in Japan. In addition, Blue Tokai has also partnered with retail outlets, luxury hotels & restaurants, corporates and co-working spaces.
Between June 2015 and Jan 2023, Blue Tokai had raised over USD 30 M from Anicut Capital, A91 Partners, 8i Ventures, White Whale Ventures, MGA Ventures, Anicut Capital, Mauryan Capital, Snow Leopard Technology Ventures, others.
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