abCoffee, a Mumbai-based tech-enabled specialty coffee quick-service restaurant (QSR) chain, has opened 25 outlets in 20 months.
The brand aims to have 150 stores by the end of the 2024 financial year. Currently, 25 outlets are operational, with an additional 25 in the pipeline. The remaining 25 are scheduled to open by April 2024.
Continue Exploring: abCoffee brings affordable speciality-grade coffee to India through tech-enabled outlets
Abhijeet Anand, Founder and CEO of abCoffee, said, “This rapid expansion underscores our unwavering commitment to delivering exceptional coffee experiences at honest prices, coupled with a dedication to building strong community connections.”
With a 4.6-star rating across customer ordering platforms and a commendable 61% customer loyalty rate, AbCoffee fosters local connections through strategically positioned outlets across Mumbai and Delhi, spanning corporate parks, residential areas, and vibrant high streets.
Founded in 2022 by IIT Dhanbad graduate Abhijeet Anand, the company has successfully raised a seed fund of $2 million.
abCoffee secures $2 Million in seed funding to fuel growth in India’s specialty coffee market