India, April 24 -- Bengaluru-based Boba Bhai, a quick-service restaurant (QSR) brand specialising in bubble tea and other food items, has raised seed funding of INR 12.5 Cr ($1.5 Mn) at a valuation of INR 50 Cr ($6 Mn).

The round was co-led by Titan Capital and Global Growth Capital UK, with participation from other investors, including V3 Ventures cofounder Arjun Vaidya, Marsshot VC (RazorPay founders fund), DeVC, Warm Up Ventures, Mamaearth cofounder Varun Alagh and Peercheque, among others.

Founded by Dhruv Kohli and Harsh Bhagat in 2023, Boba Bhai aims to capture the hearts of tea enthusiasts and is introducing India to its first bubble tea and K-Pop burgers chain, infusing Bubble tea flavours with an Indian twist, besides aiming fo...