Boba Bhai, an Indian boba tea and Korean food brand, secures $3.7M in funding for expansion.

Boba Bhai, a rapidly growing Indian brand known for its Boba tea and Korean cuisine, has secured ₹30 crore in funding led by 8i Ventures. The investment will support the company's expansion into new cities, menu innovation, and leadership development. Founded in 2023, Boba Bhai aims to reach 30 cities and achieve company-wide profitability within the next year. Current operations span nine cities with 42 outlets, targeting an increase to 150 outlets and expecting quick commerce platforms to account for up to 30% of sales.

2 months ago
7 Articles

Further Reading