The restaurant business Boba Bhai, situated in Bengaluru, has secured approximately $1.5 million in seed capital from investors, with Titan Capital and Global Growth Capital UK leading the charge.
Marsshot VC (the founders fund of RazorPay), DEVC, Warm up Ventures, Asit Oberoi, as well as Peercheque, Varun Alagh, Mandeep Sodhi, Prabhraj (Simba Beer), FinFirst, Arjun Vaidya, Neha Patil, and Abhinav Sinha from Oyo, among other well-known angel investors, were also involved in the round.
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According to a statement from the business, it would utilise the financing proceeds to hire more staff, grow its product line, and increase its visibility throughout India.
Dhruv Kohli founded Boba Bhai, which presently has 25 locations in cities including Bengaluru, Delhi, Gurugram, Hyderabad, and Chennai.
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About Boba Bhai
Boba Bhai is a pioneering bubble tea brand that has captured the hearts of tea enthusiasts across India.
