Abhijeet Anand, Founder & CEO, abcoffee

abcoffee, a tech-enabled grab-and-go coffee chain, has raised ₹61 crore in a Pre-Series B funding round led by Kliff Ventures, the newly launched consumer retail fund created by K Hospitality Corp. The round also saw participation from Hero Enterprise Partner Ventures, Merisis Venture Fund and Stride Ventures.

The fresh capital will be used to accelerate abcoffee’s cluster-led expansion across existing and new markets, the company said in a statement. The brand will continue to deepen its presence across Mumbai, Delhi-NCR and Bengaluru, while expanding into high-density office, residential and transit-led micro-markets where high-quality coffee remains underserved.

A significant portion of the capital will also be deployed towards technology, customer engagement, subscriptions, back-end infrastructure, supply chain strengthening, product innovation and operational excellence.

Founded in 2022 by Abhijeet Anand, abcoffee currently operates more than 90 outlets across Mumbai, Delhi-NCR and Bengaluru through compact, high-efficiency formats designed for daily coffee consumption. The brand is built on a single conviction: exceptional coffee shouldn’t come at a premium. Every cup is brewed from single-origin beans. The menu is designed to make quality coffee, matcha and protein beverages a daily ritual, not an occasional indulgence.

The company said its business delivered strong momentum in FY26, with revenue doubling year-on-year and store EBITDA growing 193.2 per cent on year-on-year basis. The company said it has also seen deep customer loyalty, with a 60 per cent high-frequency repeat rate.

Technology remains central to abcoffee’s model. Today, 54 per cent of all takeaway orders are placed through the abcoffee app, supported by strong traction across subscriptions, pre-orders and digital channels. abcoffee’s subscription ecosystem accounts for 50 per cent of all app orders and pre-sells more than 40,000 cups of coffee and beverages every month for consumption over the following 30 days.

Abhijeet Anand, Founder and CEO, abcoffee, said, “Coffee in India is moving from an occasional café experience to an everyday habit. abcoffee was built for that shift. Our model is simple: great coffee, served fast, priced accessibly, available wherever the customer needs it. This fundraise is a strong validation of our belief that India needs a new kind of coffee company, one that is smartly designed in format, technology-led in experience, and built for repeat consumption. With this capital and the operating depth of Kliff Ventures and K Hospitality, we are focused on scaling abcoffee into India’s default habit coffee brand.”

Karan Kapur, Executive Director, K Hospitality Corp and Kliff Ventures, added, “We believe abcoffee has the potential to emerge as the leading brand in India’s rapidly growing coffee category. We are excited to back Abhijeet, who over the past 4 years has scaled and built a differentiated business with strong customer love, disciplined execution and a compelling right to win. Through Kliff Ventures, we look to partner with ambitious founders building scalable and enduring consumer retail brands, and we are excited to join abcoffee in the journey ahead.”

Published on May 25, 2026