India, Jan. 13 -- Bengaluru-based Boba Bhai, a quick-service restaurant (QSR) brand specialising in bubble tea and other food items, has secured INR 30 Cr (around $3.4 Mn) in a Series A funding round led by 8i Ventures.
The round also saw participation from a host of existing investors, including Titan Capital Winners Fund, Global Growth Capital and DEVC among others.
The startup plans to deploy the fresh proceeds to expand into newer cities such as Pune and Ahmedabad, scale operations, roll out new Korean offerings and develop new sub-brands.
The latest round took the startup's total funding to INR 42.5 Cr ($4.9 Mn) till date.
Founded in 2023 by Dhruv Kohli, Boba Bhai sells bubble tea in 45 flavours and K-Pop burgers with an Indian t...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.