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News on Medial
Nothing Before Coffee bags $2.3 Mn in pre-Series A round
Entrackr
·
4m ago
Medial
QSR coffee chain Nothing Before Coffee (NBC) has raised $2.3 million in a pre-Series A funding round led by Prath Ventures, along with participation from SYL Investments. The proceeds will be utilized to establish over 150 of its stores across India by FY26, strengthen the brand’s digital platforms, invest in supply chain optimization and talent acquisition, and experiment with new store formats. Co-founded in 2017 by Ankesh Jain, Anand Jain, Akshay Kedia, and Shubham Bhandari, NBC offers a wide range of beverages, including coffee, shakes, and other specialty drinks, with over 100 items on the menu. The brand aims to be a beacon of inclusivity and a locally priced coffee hub, providing affordable, high-quality coffee to customers. “With strong unit economics and consistent consumer love, we are now well-positioned to scale rapidly. The capital will help us deepen our presence, invest in technology and talent, and unlock the next phase of growth as we work towards becoming India’s most loved and accessible coffee chain,” said Ankesh Jain, Co-founder, Nothing Before Coffee. NBC states that it continues to redefine India’s café culture by focusing on Tier-II and Tier-III cities—a segment largely untapped by premium coffee players. Last year, the brand made its foray into the global market with the opening of its inaugural outlet in Portugal.
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Nothing Before Coffee, That Sassy Thing secure early-stage funding
VCCircle
·
4m ago
Medial
Nothing Before Coffee, a QSR coffee chain, and That Sassy Thing, a women's sexual wellness brand, have both secured early-stage funding. Nothing Before Coffee raised $2.3 million through Prath Ventures and SYL Investments to expand technology, talent, and open 150 new outlets by FY26, focusing on tier II and III cities. Founded in Jaipur in 2017, it currently operates 85 outlets. Meanwhile, That Sassy Thing raised Rs 6 crore, seeing 200% growth and serving 50,000 customers.
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OmniCard Bags $3 Mn Funding
Inc42
·
1y ago
Medial
OmniCard, a spend management startup, has raised $3 million in a pre-Series A funding round led by Ankurit Capital and Taisys. The company plans to expand its customer base from 2 million users to 10,000 enterprises by FY 2027. This investment also represents Taisys' first investment in an Indian startup.
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First Coffee Bags $1.2 Mn Funding From BEENEXT To Scale Up Store Network
Inc42
·
11m ago
Medial
First Coffee is planning to expand its store presence by opening 35 stores in key urban areas in the Delhi NCR region and Tier I cities in North India. The company aims to use the funds to not only increase its store count but also to expand its talent pool and enhance its marketing efforts. Blue Tokai Coffee Roasters recently raised $35 million in its Series C funding round, led by Verlinvest, a Belgian investment firm.
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Chelvies Coffee raises $1 Mn in pre-Series A round
Entrackr
·
7m ago
Medial
Chelvies Coffee raises $1 Mn in pre-Series A round Coffee and dining experience brand Chelvies Coffee has secured $1 million in a pre-Series A funding round led by Endurance Capital, with an additional $500,000 in debt financing currently in process. The proceeds will be used to establish more than 30 high-street locations across major Indian metros by 2026, enhance existing supply chain infrastructure, develop proprietary food production systems, and strengthen operational teams, Chelvies Coffee said in a press release. Launched in 2023 by Dhruv Singh, Chelvies Coffee is a specialty coffee restaurant brand that combines premium coffee offerings with fresh, high-quality dining options. With six locations across Delhi NCR and Ahmedabad, the company aims to empower the Indian coffee shop experience through its commitment to quality, innovation, and exceptional customer service. The Delhi-based brand offers an extensive menu of over 70 specialty coffee brews, complemented by a curated dining menu that includes burgers, artisanal sandwiches, and pasta—all produced through in-house facilities. The company’s proprietary supply chain system, supported by centralized dispatch units and base kitchens, enables it to deliver a refined experience efficiently and at scale. According to market research, India's cafe industry is projected to grow at a CAGR of 15-20%, reaching $2.6-3.2 billion by 2028. Chelvies claims it has achieved a monthly run rate of INR 1.30 crore, with demonstrated profitability at each store level. The company aims to transform India’s coffee culture with a European-inspired concept that blends premium specialty coffee with an elevated dining experience.
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Lobb Bags $2.9 Mn To Disrupt Digital Freight Brokerage Space
Inc42
·
1y ago
Medial
Bengaluru-based digital freight broker Lobb has secured $2.9 million in an extended Pre-Series A funding round. The company, which boasts being one of the fastest-growing digital freight brokerage platforms in India, works with over 1,200 logistics firms and more than 5,000 fleet owners. This funding news comes shortly after another Indian supply chain startup, Wiz Freight, raised $15 million in a Series B funding round.
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MeetRecord Bags $2.7 Mn To Enhance AI Sales Coaching Platform
Inc42
·
1y ago
Medial
Bengaluru-based startup MeetRecord has raised $2.7 million in a Pre-Series A funding round led by SWC Global. The funds will be used to enhance its AI-powered revenue automation product. Earlier this year, MeetRecord had secured $310,000 in funding from All In Capital and Powerhouse Ventures.
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Fabrication Bazar Bags $3 Mn To Solve Steel Fabrication Challenges
Inc42
·
1y ago
Medial
Fabrication Bazar, an asset-light startup addressing challenges in India's steel fabrication industry, has raised $3 million in a Pre-Series A funding round. Led by Physis Capital, the round also saw participation from ICMG and Inflection Point Ventures. The funds will be used to enhance the company's technology platform, expand into the GCC and Southeast Asian markets, and strengthen leadership roles. The successful funding round validates Fabrication Bazar's focus on efficiency, cost-effectiveness, and quality standards.
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Zerodha Cofounders-Backed NKSquared, Others Write $10 Mn Cheque To Subko Coffee
Inc42
·
1y ago
Medial
Mumbai-based startup Subko Coffee Roasters has raised INR 85.10 Cr ($10 Mn) in a Series B funding round, led by NKSquared. The funding puts the company's valuation at INR 286.92 Cr ($34 Mn). NKSquared has acquired a 25% stake in Subko Coffee, contributing INR 70 Cr ($8.3 Mn) to the funding round. Subko Coffee offers specialty coffee and cocoa products and has reported significant revenue growth in the past fiscal year. The funds raised will likely be used to further expand the business and compete against other players in the coffee market.
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Namdev Finvest Bags $19 Mn To Deepen Presence In Rural India
Inc42
·
1y ago
Medial
Jaipur-based non-banking financial company (NBFC), Namdev Finvest, has raised $19 million in a pre-Series C funding round led by Danish asset management company Maj Invest. The funding will be used to expand its presence in rural areas and continue offering business loans to micro, small, and medium enterprises (MSMEs), as well as green financing options for e-mobility and solar products. This funding comes just two months after Namdev raised $15 million in a Series B funding round. The company currently operates over 100 branches in seven states and has disbursed over 50,000 loans.
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Matel, three others secure early-stage funding
VCCircle
·
1y ago
Medial
Four startups have secured early-stage funding. Matel, an e-mobility startup, raised $4 million in a Series A funding round. InstaAstro, a spiritual tech startup, raised $2.3 million in a pre-Series A funding round. The Betel Leaf Co, a local savoury startup, raised $1.2 million in a bridge funding round. Finally, Stylework, a co-working startup, raised $120,000 in an extended Series A funding round. These funds will be used for scaling up production, new product development, expanding teams, and expanding retail and online presence.
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