Tuesday, November 29, 2022
HomeInsightFunding Alert Beanly Raises Seed Funding From Marquee Investors

[Funding alert] Beanly Raises Seed Funding From Marquee Investors

Beanly, a direct-to-consumer coffee startup, secured an undisclosed sum in a seed round from renowned angel investors. A D2C startup in its early stages is renowned for its advancements in the coffee industry.
Rahul Jain and Samayesh Khanna, co-founders of Beanly

Beanly, a direct-to-consumer coffee startup, secured an undisclosed sum in a seed round from renowned angel investors. A D2C startup in its early stages is renowned for its advancements in the coffee industry.

Serial business owners including Dr. Annurag Batra, Chairman of BW Businessworld and exchange4Media Group, Deep and Mohit Bajaj, Founders of Sirona Hygiene, Insurance Veteran and Startup Investor, Rohit Jain, Vikash Chowdhury, and Abhishek Ravi took part in the investment round, as per reported by BW Disrupt.

With the newly acquired capital, the business intends to expand its production and operational capabilities as well as its retail presence in digital and other markets.

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“We’re excited to further our mission to make quality coffee a household staple. We have white labeled our products for several coffee players over the last 3 years and watched the freshly brewed category develop immensely” the founders said. “We now think the time is right to focus on our brand and build Beanly’s presence online and offline”.

Beanly is a Direct to Consumer startup in the coffee market. The company was founded by Rahul Jain and Samayesh Khanna. Beanly is committed to supplying its consumers with freshly roasted coffee beans.

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Dr Batra added, “Coffee consumption is growing in India at a rapid pace. Beanly is well positioned to accelerate and trailblaze that coffee culture”. Adding to same, he said,” I have known Samayesh and Rahul for a long time and I have seen the speed at which they innovate”.

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“Both Samayesh and Rahul are incredible founders who love coffee like no one else we have ever met! Their passion and drive are infectious. The kind of innovations they have brought in the category and wish to bring in the future has the potential to disrupt this segment and hence we decided to support them,” added Deep Bajaj, Sirona Hygiene.

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