Quick service restaurant Boba Bhai raises Rs 30 crore in round led by 8i Ventures
Boba Bhai, a quick service restaurant (QSR) brand specialising in bubble tea and other food items, has raised Rs 30 crore in a funding round led by early-stage venture capital firm 8i Ventures.
The round also saw participation from Titan Capital Winners Fund, Global Growth Capital, DeVC (anchored by Z47) along with other existing investors.
The funds will be used to expand its reach into new cities, enhance operations in current markets, diversify menu options, and look at new sub-brands.
“Along with the expansion of outlets, the funds will be used to build a strong brand presence among consumers and our audience. We will also hire some key team members, and, of course, the funds will be deployed as part of R&D, where we will introduce new flavours and products into the market,” founder and chief executive Dhruv Kohli told ET.
Founded in 2023, Boba Bhai specialises in selling Bubble Tea and K-pop Burgers and is set to roll out its Korean-inspired ice cream range across the country, which is currently in the pilot stage.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By
