Indian coffee chain Blue Tokai aims to triple its revenue to 10 billion rupees by 2027 through rapid expansion.

Indian coffee chain Blue Tokai plans to triple its annual revenue to 10 billion rupees by 2027, expanding to around 350 cafes in cities like Hyderabad and Chennai. The company, backed by Belgian investment firm Verlinvest, aims to achieve "healthy" profit margins before considering an IPO. Blue Tokai, which currently operates over 130 cafes, competes with brands like Starbucks and Costa Coffee. The company has raised $81 million since 2013 and is focused on reaching internal goals before any public listing.

November 19, 2024
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