Mumbai-based Kathy’s Beverages has raised Rs 6 crore in pre-Series A funding for its bubble tea brand, Bobakat.
The funds will support product innovation, team growth, marketing, and offline expansion in India.
Established in 2024 by Dr Rupali Ambegaonkar and Sannjeev Rao, Bobakat targets urban consumers with bubble tea and other beverages, claiming over 10 lakh customers and aiming for Rs 100 crore in net sales in 36 months.
The Indian beverage market is projected to grow from $80 billion in 2025 to $155 billion by 2035.
Bobakat emphasises quality products, unique in-store experiences, and scalable formats, planning to open 35 stores in FY27 and an additional 50 stores over the following two financial years across metro and emerging urban areas.
Source: Entrackr