Titan Capital and Global Growth Capital UK, Snapdeal founders' venture fund led the round of funding that invested Rs 12.5 crore to Boba Bhai, a QSR brand that specialises in bubble tea and other food products.
Arjun Vaidya, a co-founder of V3 Ventures, DeVC, Warm Up Ventures, Varun Alagh, a co-founder of Mamaearth, and other investors also took part in the investment round, as reported by The Economic Times.
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The business plans to employ more people and use the capital to incorporate cutting-edge technologies into its products.
Boba Bhai's passionate tea experts and mixologists tirelessly curate a diverse range of flavors, blending traditional Indian tea with modern twists and international influences.
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The firm website, online marketplaces like Zomato, Swiggy, ONDC, and its physical locations are where customers place orders for Boba Bhai. ET was the first to report on developments.
About Boba Bhai
Boba Bhai is a pioneering bubble tea brand that has captured the hearts of tea enthusiasts across India.
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