Specialty coffee startup Blue Tokai Coffee Roasters has raised Rs 17 crore in pre-series B bridge round led by Anicut Angel Fund, the equity arm of Anicut Capital, with participation from other new and existing investors.
The funding will help the company to launch new products, execute farm-level interventions to improve quality, expand internationally as well as for marketing.
Blue Tokai was started in Gurgaon in 2012 in response to the lack of accessibility of fresh and high quality coffee.
The company started out selling its coffee online and through business-to-business partnerships, and then sought to provide the complete coffee