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Grab-and-go coffee chain abcoffee has raised INR 61 crore in a Pre-Series B funding round led by Kliff Ventures, the consumer retail fund created by K Hospitality Corp. The round also included participation from Hero Enterprise Partner Ventures, Merisis Venture Fund and Stride Ventures.
The funds will be used to accelerate its cluster-led expansion strategy across existing and new markets. It plans to deepen its presence in Mumbai, Delhi-NCR and Bengaluru, while also entering high-density office, residential and transit-focused micro-markets where access to premium coffee remains limited.
A significant portion of the capital will be deployed towards technology, customer engagement, subscriptions, supply chain strengthening, product innovation and operational improvements. The company aims to enhance efficiency while scaling operations.
Founded in 2022 by IIT Dhanbad alumnus Abhijeet Anand, abcoffee operates more than 90 outlets across Mumbai, Delhi-NCR and Bengaluru through compact, high-efficiency formats designed for quick service and daily consumption.
The company said it reported strong growth in FY26, with revenue doubling year-on-year and store EBITDA rising 193.2% during the same period. It also recorded a 60% repeat customer rate, indicating steady demand. Around 54% of takeaway orders are placed through its app, with its subscription ecosystem accounting for 50% of app orders. The platform pre-sells over 40,000 cups each month for consumption over the following 30 days.
abcoffee continues to expand its product portfolio, including matcha beverages and protein coffee under its Procaff brand.
The startup operates in a competitive market alongside brands such as Third Wave Coffee, Blue Tokai, Rage Coffee and others.
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