Coffee specialty brand Blue Tokai Coffee Roasters has inducted Negen Capital and Mauryan Capital as its latest investors in an extension of its pre-Series B round.
Matt Chitharanjan, Co-founder and CEO, Blue Tokai Coffee Roasters, said,
We are excited to have Negen Capital and Mauryan Capital join us on our mission of building India's largest specialty coffee company and taking India's highest-scoring coffees to the world. Neil, Gautam, and their team have a deep and diverse background in the F&B space, and with their support, we're poised to double our revenue to Rs 200 crore by next year.”
Last year, the startup had raised Rs 17 crore in a pre-Series B bridge round led by Anicut Angel Fund, the equity arm of Anicut Capital, with participation from other new and existing investors.