As part of the specialty coffee brand Blue Tokai Coffee Roasters’ ongoing Series B fundraising round, actor Deepika Padukone invested an undisclosed sum.
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KA Enterprises, run by Padukone, will join a lengthy list of other companies that have invested in Blue Tokai, including A91 Partners, Anicut Capital, 8i Ventures, DSP Blackrock, Negen Capital, Mauryan Capital, and White Whale Ventures. In January, Blue Tokai raised $30 million in a Series B investment. In August 2022, the company additionally received INR 17 crore from the Anicut Angel Fund. Prior to that, it raised about INR 40 crore from angel investors and early-stage funds in 2020.
“We have followed the brand’s growth very closely over the past decade and observed their vision and commitment to quality and innovation and are therefore thrilled to partner with them on their journey of making Indian specialty coffee accessible, delivering unparalleled coffee experiences and putting it on the global map,” Deepika Padukone, actor and Founder of Ka Enterprises, said in a statement.
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In June, Blue Tokai said that it would use the new capital to scale up its operations and increase its market share in specialty coffee markets around the world. Additionally, it is preparing to introduce a number of brand-new fast-moving consumer goods (FMCG) products.
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With four roasteries and more than 80 physical locations spread across important Indian cities and regions, including Delhi-NCR, Mumbai, Bengaluru, Hyderabad, and Kolkata, the brand was founded in 2013 and operates in both India and Japan.
About Blue Tokai Coffee Roasters
By introducing our consumers to the Blue Tokai Coffee Roasters estates from which they directly purchase their delicious coffee, carefully roasting the beans, and making premium coffee more widely available through their cafés and their website.
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