Kaapi Machines Secures INR 50 Cr SEI from Sedna HoReCa

Kaapi Machines, India’s first and leading coffee equipment and services provider, secured an equity infusion of INR 50 crore from Sedna HoReCa (“Sedna”), a PE-backed comprehensive B2B HoReCa solutions provider, while also entering into a strategic partnership.

This partnership will help Kaapi’s product portfolio strengthen its manufacturing capabilities and improve its technology stack, warehousing and service infrastructure. In addition, it will pursue select new opportunities in adjacent product categories for its core customer base, also leveraging Sedna’s capabilities.

Kaapi was founded in 2007 by Abhinav Mathur, MD & CEO, He’s an alumnus from XLRI with a career spanning brands like Philips, Wipro Consumer Care and Stanley Black & Decker; in partnership with Nils Erichsen (Director), a veteran of the global coffee industry who started Hemro Group and was a founding director of Specialty Coffee Association, world’s leading body for coffee competence.

Kaapi aims to cross 150 cr in revenue this FY and will pursue broader business expansion over the next 2-3 years. “We are excited to partner with the Sedna team as we set forth on our new growth trajectory at Kaapi Machines. As the HoReCa industry continues to grow and gets more organized, we want to expand our capabilities to offer our customers new and innovative products, technologies and solutions”, said Mathur. “Our ethos of being competence-led and customer-first will continue to be at the core of our business, where we see a shared value system with Sedna”, he added.

“The partnership with Abhinav and Kaapi Machines is a highly synergistic addition to Sedna’s capabilities given their deep domain expertise, brand equity and pan-India service network catering to a fast-growing category and reinforces our vision of building India’s most comprehensive B2B platform for the food service ecosystem. We look forward to working closely with Abhinav and team to unlock new opportunities for Kaapi Machines and Sedna and deliver even greater value to HoReCa brands across the country,” said Saurabh Pandey, Managing Director, Sedna HoReCa Pvt Ltd.