India, Sept. 1 -- Speciality coffee chain Blue Tokai Coffee Roasters has raised $25 Mn (around INR 220 Cr) in a bridge funding round from existing backers, including A91 Partners, Anicut, Verlinvest, and 12 Flags.

In a statement, the startup said it plans to deploy the capital to scale its retail operations, strengthen back-end infrastructure and enter international markets, including Dubai and Japan.

It also plans to use a part of the freshly raised capital to open more stores in India and expand its roasteries and bakery facilities in Bengaluru and Gurugram.

"We are on track for our initial plan of INR 1,000 Cr in revenue and INR 100 Cr EBITDA by 2027, but with recent market response, we have revised our plans to accelerate growth an...