Dhruv Kohli, Founder and CEO, Boba Bhai
Boba Bhai has entered the quick commerce space with the launch of its packaged bubble tea on Blinkit, which it expects to contribute 10 per cent of its overall sales.
Explaining the company’s entry into quick commerce, Dhruv Kohli, Founder of Boba Bhai, said that the move targets the evolving consumption patterns of Gen Z and millennials, who seek quick and on-demand food and beverage options.
In addition, Boba Bhai plans to expand its outlet network to 100 stores by the end of 2025 and aims to reach 500 outlets within five years while also exploring international markets such as Saudi Arabia and Dubai.
Founded in 2023, Boba Bhai claims to process over 80,000 monthly orders and currently operates across 50 outlets in nine cities, including Bengaluru, Mumbai, Chennai, Hyderabad, Delhi, Gurugram, Noida, Udaipur and Mangalore.
In January 2025, the company raised ₹30 crore in its Series A funding round led by 8i Ventures, which saw participation from Titan Capital, Winners Fund, Global Growth Capital, DEVC and existing investors. Previously, the restaurant chain raised ₹12.5 crore in seed funding, led by Titan Capital and Global Growth Capital UK.
The company, which is profitable at the store level, anticipates achieving company-level profitability within the next 8–10 months.
Published on February 25, 2025
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