Siolim Specialty Coffee Roasters, a growing name in the coffee industry, has launched Miniature Pours, a new, convenient coffee solution designed for those who seek an easy, hassle-free brewing experience. Targeted at coffee lovers who value both simplicity and flavor, Miniature Pours offers a quick way to enjoy quality coffee, whether at work, home, or during outdoor activities.
Miniature Pours are pre-measured coffee sachets that require no complex brewing equipment, making them ideal for busy professionals, travelers, and students. Compact and lightweight, they offer an accessible and consistent coffee experience without compromising taste. This launch reflects Siolim’s commitment to providing quality coffee that fits various lifestyles, regardless of brewing expertise.
Siolim Specialty Coffee Roasters is known for combining specialty coffee roasting with innovative beverage solutions. The brand, which brings the relaxed vibe of Goa to Indore, focuses on sourcing premium coffee beans while blending traditional and modern coffee-making methods. Miniature Pours, in particular, aims to offer a consistent and flavorful coffee experience in a format that's easy to prepare.
“At Siolim, we source directly from small, independent farmers to ensure fair compensation and complete transparency in the supply chain. Our mission is not only to bring the best of Indian coffee to the world but to support the communities behind it,” said Gaurav Sethi, CEO at Siolim Specialty Coffee Roasters.
With Miniature Pours, Siolim seeks to offer both convenience and taste, ensuring customers can enjoy quality coffee no matter where they are.
Third Wave Coffee, a coffee-first quick service restaurant (QSR) brand, has opened its 125th café, marking its debut in Chennai. This expansion aligns with the brand’s strategy to grow its presence in India’s hospitality and retail sectors. The company plans to scale up to 150 outlets within the next two months, further expanding its footprint across the country.
The new outlet in Chennai introduces Third Wave Coffee to Tamil Nadu’s capital, a city known for its cultural diversity and dynamic energy. The brand currently operates in 10 cities, including Delhi-NCR, Mumbai, Bengaluru, Pune, Hyderabad, and Chandigarh, with a focus on creating community-oriented spaces.
Rajat Luthra, CEO of Third Wave Coffee said, “What began with a dream to elevate the way India experiences coffee, has today evolved into something truly special, fueled by the love and support of our customers. Our journey with Third Wave Coffee has been a mission to deliver an exceptional coffee experience to more and more customers, wherever they are. From the onset, we have aimed to design ambiences where each visit to our cafe is as memorable as the coffee we serve. As we celebrate our 125th café in Chennai, we’re energized by the trust of our customers. Looking ahead, we aim to close FY2024-25 with 150 cafés, bringing our signature experience to an even larger and more diverse community.”
Third Wave Coffee emphasizes quality and innovation through its specialty coffee offerings, modern brewing techniques, and thoughtfully designed café spaces. Its menu features single-origin coffees, cold brews, and handcrafted savory and dessert items, catering to evolving consumer preferences in India’s growing café market.
The brand also focuses on inclusivity, operating cafés led by all-women teams and team members with disabilities. These initiatives reflect its commitment to fostering a diverse and supportive work environment.
As Third Wave Coffee continues its expansion, it remains focused on strengthening its presence in India’s hospitality and retail sectors while building community connections.
Fast Coffee, a new initiative by the founders of Humble Bean, has opened its flagship outlet in Koramangala, Bangalore. Built on the principles of fair and sustainable trade, Fast Coffee aims to make responsible coffee accessible while bridging the gap between consumers and coffee producers. The flagship store features a quick-service format offering high-quality coffee, rooted in sustainability.
The menu at Fast Coffee combines global influences with local preferences, presenting a range of beverages such as Cappuccino, Mocha, Vietnamese Iced Coffee, and Cold Brew Float, alongside food options like Kaya Toast, Chicken Sausage Rolls, and Cinnamon Swirls. Priced at an average of Rs 600 for two, the offerings cater to a wide audience while maintaining affordability.
At the launch, Co-Founder Soomanna said, “Every time you sip on your favorite brew, you’re taking part in a web of human connections that delivered that cup of coffee into your hands. With Fast, we want to make coffee that’s not just good to drink but good for the earth. It’s about closing the value chain gap and supporting Indian coffee-growing communities in a sustainable, fair, and transparent way.”
The brand’s vision for sustainability extends beyond reusable cups and eco-friendly materials, aiming for deeper systemic changes in the coffee value chain. Fast Coffee plans to expand further, with five more outlets set to open in Bangalore by late 2025 and an eventual goal of establishing 10 stores in the city.
Puja, Co-Founder added, “Fast’s tagline, Fearless, Authentic, Sustainable Together, reflects the mindset of a generation ready to embrace change and make responsible choices. This philosophy is evident in our menu, décor, and every customer interaction. By sourcing ingredients locally, we ensure a lighter, preservative-free dining experience.”
Designed for young professionals, students, and creative individuals, Fast Coffee caters to a modern, fast-paced audience passionate about sustainability and quality coffee. With its focus on responsible consumption and community, the Koramangala outlet sets the stage for a broader movement within India’s coffee culture.
Fast Coffee's flagship store invites customers to experience a space where coffee, sustainability, and community intersect, offering a glimpse into the future of responsible café culture.
Potboiler Coffee has opened its first coffee shop in Gurgaon, located on Sohna Road, marking the brand's expansion into the Delhi NCR market. Since launching its initial outlet in Kolkata in 2019, Potboiler has been known for its consistent, bold, and smooth coffee offerings, aiming to provide a community-focused coffeehouse experience.
The café sources its coffee beans from renowned estates, allowing Potboiler to craft a diverse selection of brews that cater to various tastes. The space is designed to attract coffee enthusiasts, book lovers, and anyone interested in exploring a curated menu of beverages. The brand’s motto, “a brew for everyone,” reflects its commitment to offering coffee options ranging from rich and bold to lighter and fruitier flavors, ensuring there's a suitable choice for every preference.
Sonali Lakhotia, Founder and Co-Owner of Potboiler Coffee said, “We are thrilled to open our first coffee shop in Gurgaon. This is an exciting milestone in our journey to redefine the coffeehouse experience in the country. At Potboiler, we’re committed to bringing people together through a shared love of exceptional coffee. With our carefully sourced beans, and unique menu, we aim to brew coffee for every mood & exploring coffee beyond the bitter. We look forward to becoming an integral part of the local coffee culture and sharing our passion for coffee with the Gurgaon community.”
The menu offers a wide range of selections, including modern global cold coffee varieties such as Freddo Espresso (Greece) and Shakeratos (Italy), alongside traditional Japanese brews like Hario switch. With over 15 signature drinks, the menu also features creative options inspired by books and pop culture, including The Butterbeer Latte. Other highlights include The Orange Palace, Iced Vietnamese Coffee, and Caramelized White Chocolate Mocha.
This new flagship store in Gurgaon is the first step in Potboiler’s efforts to establish itself as a significant part of the coffee culture in Delhi NCR, offering locals a place to enjoy expertly brewed coffee.
Roastery Coffee House has opened its first international outlet in Helsinki, Finland, at 22 Annankatu. Originating in Hyderabad, the brand has grown steadily since its founding in 2017, establishing a presence in six Indian cities, including Kolkata, Lucknow, Jaipur, New Delhi, and Noida. With its focus on showcasing India's specialty coffee to a global audience, Roastery’s expansion to Helsinki marks a significant milestone in the hospitality and retail sectors.
Unlike other Indian specialty coffee brands that prioritize metropolitan hubs, Roastery carved its niche in cities such as Hyderabad, Lucknow, and Jaipur. By introducing the concept of specialty coffee to regions less familiar with it, the brand helped foster new local coffee communities. Helsinki, a city celebrated for its sophisticated coffee culture, now serves as the next chapter in this journey.
The Helsinki venture is a result of collaboration between Roastery’s founder Nishant Sinha and Finnish Barista Champion Kaapo Paavolainen, who now serves as the brand's Global Coffee Director. Paavolainen leads operations in Helsinki, aiming to merge Indian coffee craftsmanship with Finland's renowned coffee traditions. “Opening in Helsinki is a meaningful milestone for us. Indian coffee has an incredible story waiting to be told. By bringing our craft to Finland, we hope to create experiences that linger with people. Helsinki, with its vibrant coffee culture, provides the perfect backdrop for this exchange of ideas, flavors, and traditions,” Sinha stated.
The café’s design in Helsinki reflects Roastery’s signature philosophy of ‘Modern Indian Minimalism,’ blending traditional Indian elements with Nordic aesthetics. Features such as arches, chessboard floors, and natural light combine with sustainable choices like FSC-certified Indian rosewood and eco-friendly packaging, reinforcing the brand’s commitment to sustainability.
Finland, recognized as the world’s leading coffee consumer, provides Roastery with a unique opportunity to cater to a discerning market. Establishing a presence in Helsinki not only highlights the brand’s dedication to quality but also positions Indian coffee within one of the most competitive coffee cultures globally.
Roastery Coffee House has also been pivotal in making specialty coffee accessible to diverse demographics in India, introducing new audiences to the world of fine coffee. The Helsinki venture builds on this strategy, allowing the brand to engage with Finland’s experienced coffee drinkers while fostering cultural exchange.
Following its launch in Helsinki, Roastery plans to expand further into Europe, with Copenhagen and London identified as the next destinations. These ventures aim to continue bringing India’s coffee heritage to the global stage.
Ammy's Coffee is thrilled to announce the inauguration of its flagship location in Delhi's busy Punjabi Bagh district.
With its first site, Ammy's Coffee sets out on a community-focused mission to reinvent the coffeehouse experience by fusing high-quality products with a warm, inviting environment that appeals to everyone.
The café's well-planned layout accommodates a variety of demands, including cozy spots for gathering and peaceful workstations with dependable Wi-Fi.
The restaurant menu is designed to appeal to a variety of palates, providing a selection of tasty, fresh options that go well with its coffee offerings.
“Building a strong team committed to fostering a community-driven atmosphere is at the heart of our mission,” said Amar Preet Singh Managing Director, Ammy’s.
With their new cafe, Siolim Specialty Coffee Roasters enhances Indore's coffee scene and introduces the tranquil spirit of Goa to central India. Inspired by the serene Goan village of Siolim, the café offers a carefully designed menu that combines imaginative cuisine and specialty coffee in a warm setting that honors both traditional and modern coffee culture.
Siolim Specialty Coffee Roasters combines specialty coffee roasting with innovative beverage processing to bring the relaxed atmosphere of Goa to Indore. The company's primary objectives are to acquire outstanding beans and create unique coffee experiences that respect innovation and tradition. From their famous Tiramisu Cortado, which features house-made tiramisu cream, to the inventive Rose Cardamom Latte, which blends special cardamom espresso with homemade rose syrup, the cafe offers an amazing array of coffee experiences.
“At Siolim, we source directly from small, independent farmers to ensure fair compensation and complete transparency in the supply chain. Our mission is not only to bring the best of Indian coffee to the world but to support the communities behind it,” commented Founder, Siolim Specialty Coffee Roasters.
Coffee has long been an essential part of everyday life, yet few people have ever had coffee made by people who really grow the beans. A testimony to three generations, Nandan Coffee's new experience center in Mumbai's bustling Fort neighborhood is more than just another coffee shop. Hansraj and Hansa Mariwala started Nandan Coffee more than thirty years ago. Their dedication to sustainability turned a desolate plot of land into a flourishing, biodiverse sanctuary, setting the groundwork for the future of this innovative organic, farm-to-cup coffee company.
Beyond simply offering great coffee, Nandan Coffee is a company committed to fostering experiences that improve people's lives, uplift communities, and respect the environment. Nandan Coffee's aim extends well beyond its cafés, from establishing sustainable farming techniques to improving communities at every stage of the coffee supply chain. Since the early 1990s, Nandan Coffee, which has been certified organic since 2001, has led the way in producing sustainable specialty coffee in India.
Commenting on the launch, Yahvi Mariwala, Co-Founder, Nandan Coffee said, "At Nandan Coffee, our philosophy has always been rooted in reverence for the land and the craft. Coffee is more than just a commodity beverage—it’s a bridge to connect communities, nurture our environment, and elevate everyday moments. With the opening of our Experience Centre, we are excited to bring this philosophy directly from our Estate to our customers." –
Bollywood film writer duo Abbas and Hussain Dalal opened the unique coffee cafe Aqeeq, which introduced the world to the flavorful coffee of Yemen. Aqeeq is a semi-precious gemstone with spiritual value that was inspired by it. It represents a prayer and a bridge between the holy and the mundane.
Rooted in the rich soils of Yemen, where the stone and the coffee bean naturally flourish, our coffee is our prayer to the world, much as the Aqeeq stone is treasured in prayers.
Aqeeq is a story, not simply a name. With its "Q" that looks like a coffee bean, the Aqeeq logo is more than just a mark of quality; it's a pledge to provide the best coffee possible, one that will eventually come to be associated with greatness. Aqeeq café, created by the gifted Maryam Jarrahian Badshah, takes one to a tranquil Middle Eastern setting where each cup of coffee has a narrative associated with it.
Aqeeq is not just a coffee brand; it’s a movement, a revolution in the coffee industry aiming to bring the world’s finest coffee to the forefront.
The Godrej Food Trends Report 2024 identifies major trends that will influence the industry in the upcoming year as India's coffee culture continues to change. The report highlights the country's dynamic increase in both coffee consumption and appreciation, particularly with International Coffee Day approaching. For many Indians, drinking coffee has evolved from a daily habit to a refined lifestyle choice. In 2024, the Indian coffee market is expected to undergo significant changes, including the emergence of artisanal brews and an increased emphasis on the origin of coffee beans.
In partnership with more than 190 chefs, food experts, and industry thought leaders, Godrej Vikhroli Cucina curated the Godrej Food Trends Report 2024, which delves into these changing preferences and offers insightful information on the new coffee trends that are anticipated to take the market by storm in the upcoming year. Indian customers are eager to discover coffee's rich diversity while embracing regional customs and international innovations as the beverage's popularity grows.
Key Coffee Trends for 2024:
As International Coffee Day brings the worldwide coffee community together, the Godrej Food Trends Report 2024 offers as a guide to the exciting future of coffee in India. By putting equal emphasis on local customs and worldwide advancements, India's coffee market is poised for rapid change by 2024.
First Coffee, an Indian specialty coffee brand that is perfect for on-the-go, announced today that BEENEXT lead a $1.2 million seed fundraising round for the company. Other prominent investors included Ashish Gupta (Helion Venture Partners), AngelList India, Dr. Ritesh Malik (Founder, Innov8), Sahil Malik (Founder, Da Milano), Chandini Purnesh (Owner, Harley Coffee Estate), Aman Bahel (Apex Group), Nakul Dev Chawla (Art Mumbai), Aman Arora (Co-Founder, Board - Keventers), and Dr. Shriram Nene participated in the round as well.
First Coffee wants to increase the number of its stores in strategic locations throughout New Delhi, the National Capital Region, and Tier 1 cities in North India. First Coffee's primary concentration will be on small format QSR locations in busy locations including shopping centers, corporate parks, main streets, and metro districts.
By the second quarter of the following fiscal year, the company plans to open 35 locations nationwide. The money raised will also go toward expanding marketing initiatives and recruiting new staff.
“First Coffee is uniquely placed where they are not just selling a product but rather a coffee experience, blending tech, sustainability and coffee. Under the abled leadership of Sohrab and Shiv, industry veterans in the space of quick service restaurants, the brand is creating a new standard in India's specialty coffee market,” commented Anirudh Garg, Partner at BEENEXT, on First Coffee and its offerings.
Sohrab Sitaram, Co-founder of First Coffee and CEO of Keventers said, “My background in the Quick Service Restaurants (QSR) has taught me the importance of efficiency without compromising on quality. Our grab-and-go model, combined with a focus on sustainability and tech-driven customer engagement, is enabling us to carve a strong niche. Our current four stores have seen 25% month-on-month growth,” who added that each outlet serves around 100 cups of specialty coffee every day, showcasing consistent customer loyalty and engagement.
As India’s coffee culture evolves, Siolim Specialty Coffee Roasters, based in Indore, is leading the charge with its focus on specialty coffee blends and unique brewing techniques. With a mission centered on ethical sourcing and sustainability, Siolim has grown into Central India’s first specialty coffee roastery and now aims to take Indian coffee to international markets. This vision includes expanding into regions such as Africa and the Middle East by 2026, contributing to the growing global demand for distinct Indian coffee flavors.
A key factor in Siolim’s success is its direct sourcing from small, independent farmers, ensuring fair compensation and transparency across the supply chain. This model not only supports the farmers but also provides coffee connoisseurs with high-graded microlots that showcase the rich heritage of Indian coffee. The company’s community-driven approach includes establishing India’s first co-roasting space and a specialized barista school, helping coffee enthusiasts deepen their knowledge and refine their brewing skills.
Siolim’s roasting methods are designed to preserve the unique characteristics of each bean. Their approach involves roasting each lot separately before blending, ensuring the distinct flavors remain intact. Signature blends like the *Anjuna*, which combines single-origin coffee with three microlots, deliver a dark chocolate aftertaste with hints of raisins and pear. Their *Madeera* series, known for aging green beans in whiskey and rum barrels, creates bold, standout flavors.
Gaurav Sethi, Head Roaster at Siolim said, “We’re here to change the game. Indian coffee has been underestimated for far too long, and we’re determined to show the world what it’s truly capable of. Every bean we roast, every partnership we forge, is about pushing boundaries—whether it’s through direct trade with farmers or our innovative roasting techniques. We’re not just about coffee; we’re about redefining what Indian coffee can be.”
With its blend of ethical practices and innovative approaches, Siolim Specialty Coffee Roasters is well-positioned to become a global ambassador for Indian specialty coffee, elevating the country's coffee industry in the global marketplace.
First Coffee is bringing a novel perspective on coffee to the nation's trend-setters today. Bid farewell to your "old and cold" brews and welcome a premium-feeling mixture of coffee mixology designed to appeal the youth.
Co-founded by Sohrab Sitaram, a significant player in Delhi's vibrant food and beverage scene and the co-founder of the renowned brand Keventers; Shiv Dhawan, an early-stage investor and serial entrepreneur; and Chandini D Purnesh, the owner of the charming Harley Estate, it has opened at three locations in Delhi-NCR, (DLF Cyber Park, Gurugram, Pacific Mall, NSP, and Pacific Mall, Jasola).
"At First Coffee, our mission is to make exceptional coffee an everyday indulgence. We want to serve you the best cup, day in and day out, until it becomes an absolute must-have in your routine. Our specialty brews are made with uncompromising attention to detail, ensuring every sip transports your taste buds to coffee nirvana," said Sitaram.
The beans come from a large coffee plantation called Harley Estate, which is located in Chikmagalur and is well-known for its tranquil lakes and verdant surroundings.
First Coffee is planning to open 35 new locations by the end of 2024 in order to promote a lively and welcoming coffee culture throughout India.
"First Coffee is a movement reshaping urban coffee culture. From our initial outlets to nationwide expansion, we're challenging norms and redefining coffee enjoyment. Embracing innovation and authenticity, First Coffee invites you to experience coffee as you've never tasted before—bold, distinct, and undeniably revolutionary," added Dhawan.
Costa Coffee is excited to announce its role as the Official Coffee Partner at the Olympic Games Paris 2024, highlighting a significant achievement in promoting coffee culture and elevating the presence of Indian baristas on a global stage. With six kiosks and over 110 self-serve Pacto machines, 130 Costa Coffee team members from six countries will provide hot and iced beverages to fans and athletes at seven venues across Paris.
As part of this partnership, Costa Coffee introduces three skilled Indian baristas: Ameer Fayiz, Mallika Tripura, and Abhishek Kumar. These baristas have undergone rigorous training to refine their skills and embody Costa Coffee's values of teamwork and excellence. They will ensure smooth operations at these sites and will host coffee masterclasses exclusively for athletes and spectators. Additionally, selected Costa Coffee team members will have the unique opportunity to be torchbearers at the Olympic Games.
Vinay Nair, GM of India and Emerging International at Costa Coffee, part of the Coca-Cola Company stated, “We are proud to be the Official Coffee Partner for the Olympic Games Paris 2024. This opportunity not only allows us to showcase the skill and artistry of our Indian baristas on a prestigious international platform, but also underscores our commitment towards our talented team members. By providing them with this extraordinary opportunity, we are investing in their growth, embracing an inclusive culture, and celebrating their dedication to excellence.”
The participation of Indian baristas in the Olympic Games Paris 2024 is a transformative journey that will offer invaluable experiences and create meaningful connections.
BanyanTree Growth Capital, a seasoned private equity firm renowned for its savvy investments in the Food & Beverage sector, is excited to announce its strategic investment in Bizibean, the celebrated café chain renowned for its specialty coffee and tea offerings in Gurgaon and New Delhi.
This partnership enhances the consumer experience under the iconic brands Nirula’s and "Angels in my Kitchen", creating a powerhouse trio in India’s café and casual dining landscape.
Nirula’s, a beloved name among Delhiites, is synonymous with a rich heritage of culinary delights including its Hot Chocolate Fudge, Ice Creams, Big Boy Burgers, and Pizzas. "Angels in my Kitchen", also under the patronage of BanyanTree Growth Capital, is known for its exquisite range of baked goods and desserts. Together, these brands form a complementary blend of offerings that cater to a wide array of tastes and preferences.
With the introduction of Bizibean, the portfolio now expands into the realm of fine coffees and teas, bringing an enriched café experience to customers. Bizibean, which began as a humble kiosk in Gurgaon’s South Point Mall, has grown into a prominent name in the coffee industry, known for its exceptional espresso and a variety of brewing methods including Espresso, Pourover, Aeropress, and French Press.
“We are thrilled to welcome Bizibean into our family of premium brands,” said Sanjiv Singhal, Founder at BanyanTree Growth Capital. “This partnership not only enhances our food and beverage offerings but also aligns with our vision of creating exceptional dining experiences. We believe that the integration of Bizibean’s specialty coffees and teas will complement and elevate the culinary journey at Nirula’s and Angels in my Kitchen, offering our customers an even richer and more diverse array of choices,” he added.
BanyanTree Growth Capital is confident that this partnership will redefine the café experience in India, offering an unmatched variety and quality of food and beverage options under one roof.
Third Wave Coffee has announced a significant leadership change. Sushant Goel, the current Chief Executive Officer, will be transitioning to a role on the Board. Meanwhile, Rajat Luthra, previously the CEO of Kentucky Fried Chicken (KFC) India & Nepal under Devyani International Limited, will take over as the new CEO effective from the first quarter of the fiscal year 2024-2025.
Sushant Goel will continue to contribute to the growth and advancement of the rapidly expanding Indian coffee brand, while Rajat Luthra will bring his extensive experience to steer Third Wave Coffee towards its next phase of success.
“As CEO and Co-founder, I have had the privilege of leading the company through its formative years and I am incredibly proud of the journey that we have embarked on. The brand is ready to embark on its next leg of growth. Now, as I transition to the Board, I am excited to continue contributing towards our vision and growth from a different vantage point. Rajat is a veteran in the QSR industry, and I am filled with optimism on what the future holds for Third Wave Coffee under his stewardship.” said Sushant Goel, Co-founder & CEO, Third Wave Coffee.
Since its establishment in 2016, Sushant, alongside co-founders Ayush Bathwal and Anirudh Sharma, has effectively expanded the company to over 100 outlets across India.
Serving as CEO, Sushant played a pivotal role in shaping the company's business strategy and establishing strong connections with investors.
Now, transitioning to a board member role, Goel will persist in directing the company's strategic trajectory and innovating new ventures for Third Wave Coffee.
Rajat Luthra, the recently appointed CEO, brings almost thirty years of substantial experience in the Fast-Moving Consumer Goods (FMCG) and Quick Service Restaurant (QSR) industries.
Over the past decade, he has held the position of CEO at Kentucky Fried Chicken (KFC) India & Nepal, operating under Devyani International Limited.
Since its inception in 2016, Third Wave Coffee has experienced rapid growth, evolving from a single-store roastery in Koramangala to a network of over 100 stores spanning 8 cities throughout India.
Within a brief timeframe, the company has ascended to become one of the foremost coffee brands in India, actively competing with international giants in the market. Notably, Third Wave Coffee recently secured US$ 35 million in Series C funding, with Creaegis and existing investor WestBridge Capital participating in the investment round.
In a delicious collaboration that marries the best of Indian cocoa beans with innovative craft brew experiences, Ironhill India announced its collaboration with GoGround Beans & Spices today.
This collaboration aims to celebrate the richness and quality of Indian cocoa beans while exploring new frontiers in the craft beer segment.
"Through our partnership with Ironhill India, we're thrilled to bring the Indian cocoa beans into the spotlight. It is a well-known fact that Indian cocoa beans are renowned for their unique and distinct flavour profile, characterized by rich, earthy undertones with subtle hints of fruity and floral notes. They offer a versatile brewing experience, allowing for the creation of beers that have a harmonious blend of chocolatey richness and subtle undertones, providing a sensory experience that is distinctly Indian,” shared Luca Beltrami, Co-founder of GoGround Beans & Spices.
Ironhill India is one of the premier craft brewery that is one of the fastest growing brands in the country. Headed by Teja Chekuri, the brand has made strides in building the segment and taking the art of craft brewing to the next level.
With the collaboration with GoGround Beans & Spices they add another cocoa infused brew to its mix. Established in 2015 by Luca Beltrami and his wife, Ellen, GoGround Beans & Spices has been at the forefront of supporting cocoa farmers in Kerala's Idduki region. Their mission extends beyond mere commerce; they strive to enhance farm yield, modernize production techniques, and uplift the socio-economic status of smallholder farmers in the region.
"Craft beer is a realm where innovation is only limited by your imagination. By incorporating Indian cocoa beans into our brews, we're not only elevating the flavor profile but also shedding light on the incredible potential of Indian agricultural produce and native beans that are pleasing to the Indian palate,” added Teja Chekuri, Managing Partner, Ironhill India.
In the hub of HSR Layout, the newly unveiled North Star Cafe emerges as a coffee excellence, led by the visionary Ms. Devanshi Tripathi.
North Star Cafe offers a broad menu catering to various tastes, featuring Café, Bakery, Beverages, Desserts, Continental, and Healthy Food choices.
North Star Cafe presents a range of distinctive beverages such as the North Star Pistachio Latte, Spiced Coffee and Cacao, Mint and Bird’s Eye Chili Mocha, and the North Star Coffee Tonic, spotlighting the artistry of coffee.
Alongside these signature drinks, the café offers a assortment of baked goods and snacks.
"We are thrilled to introduce North Star Cafe as a unique destination for coffee enthusiasts in Bengaluru. With a focus on quality, innovation, and a welcoming atmosphere, we aim to redefine the coffee experience for our patrons," said Devanshi Tripathi, the visionary leader behind North Star Cafe.
North Star Cafe is influenced by the coffee culture across the nation and aims to establish itself as the destination for coffee enthusiasts.
TATA Starbucks reveals the introduction of a special edition Guatemala Cold Brew aged in whiskey barrels at its reserve store in Mumbai.
This barrel-aged coffee employs an exceptional batch of Guatemalan green coffee beans is nurtured during the aging period within Knob Creek® Kentucky Straight Bourbon Whiskey barrels.
Once the beans achieve optimal flavor, they are extracted from the barrels and roasted by Starbucks master roasters.
The high temperatures during roasting eliminate any remaining alcohol, yet the whiskey and barrel infusing the roasted coffee with a heightened profile.
This method results in a cup that surpasses the individual elements, featuring a gentle sweetness chocolate undertone with hints of stone fruit and oak.
“Our Whiskey Barrel-Aged Guatemala Cold Brew truly celebrates innovation in the specialty coffee space and our commitment to bring unique coffee, this coffee is first of its kind to be launched in India for a limited period” said Sushant Dash, CEO, Tata Starbucks.
This exclusive beverage will be available at Starbucks Reserve in Fort, Mumbai.
Specialty coffee brand Blue Tokai, supported by investors such as A91 Partners and Deepika Padukone's Ka Enterprises, experienced a significant on-year surge in operating revenue, surpassing 70% and reaching Rs 127 crore in FY23.
In the fiscal year ending March 2023, the Gurugram-based company witnessed a 3.5-fold increase in its net loss, amounting to Rs 43 crore.
This rise in losses can be attributed to the company's extensive expansion efforts in a competitive market, where it contends with venture-backed entities like Third Wave Coffee, as well as established giants such as Starbucks India and Cafe Coffee Day.
In FY23, Blue Tokai witnessed a significant surge in total expenses, escalating from Rs 90 crore in the preceding fiscal year to Rs 166 crore.
This notable increase primarily stems from elevated costs associated with raw materials, employee salaries, and rents, as indicated by regulatory filings obtained from Tofler.
Over the past twelve months, the company has inaugurated over 30 stores, bringing its current presence to approximately 92 outlets. Cafes contribute to nearly two-thirds of Blue Tokai's total revenue.
Blue Tokai functions across three segments: physical cafes, e-commerce and marketplace platforms, and business-to-business (B2B) services.
The company has a presence in both India and Japan, encompassing four roasteries and a network of brick-and-mortar establishments located in cities like Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Kolkata, Chandigarh, Mohali, and Pune. Additionally, it conducts periodic pop-ups in Tokyo.
In the fiscal year 2023, the company's raw material expenses amounted to Rs 50 crore, nearly doubling from the Rs 26 crore reported in FY22.
This increase aligns with the upward trend in input costs experienced by numerous companies in the food and beverage sector, attributed to prolonged high inflation rates.
In FY23, Blue Tokai observed a nearly twofold rise in employee benefit expenses, reaching Rs 43 crore compared to Rs 22 crore in the previous year.
Concurrently, rent costs also experienced a similar increase, climbing from Rs 9 crore in FY22 to Rs 17 crore in FY23.
In January of the previous year, Blue Tokai disclosed a $30 million fundraising round led by A91 Partners.
During that period, the company outlined its intention to incorporate 200 stores within a three-year span. With this fundraising activity, Blue Tokai's cumulative external capital raised amounted to $46 million.
Stand by Coffee is a cafe that not only provides a diverse selection of coffees and teas but also presents various food options.
When discussing coffee, Harsh Mav, the architect of the coffee program and Head of Operations at Stand By, shared that they offer seven distinct types of coffee beans sourced from Chikmagalur.
Aditya Wanwari, a restaurateur and owner of Toast Inc., identified an opportunity to create something truly exceptional. This vision gave birth to Stand By Coffee, addressing a gap in the market and elevating the city's coffee scene to new heights. Wanwari explains, "The coffee culture involves standing by as you wait for your coffee, much like in life when you pause, anticipating something better. The term 'Stand By' resonated with me, and we chose to embrace it.
The coffee ranges with the combination of sweet and salty like the Sea Salt Mocha, Bom Bons and Callebaut Hot Chocolate to Biscoff and Nutella Frappes.
The Yuzu Espresso Tonic from coffee mocktails such as Mogu, Arnold Palmer, Ale, Cold Fashioned, and Coffee Daiquiri.
Brand also provides options like Hibiscus Iced Tea and green teas such as Oolong Rose and White Tea Saffron.
Additionally, they also offer in-house Kombucha, a beverage that promotes well-being and boosts immunity with every sip.
Stand By Coffee's kitchen produces fresh sandwiches like Good Trip and Kimchi Melt. These sandwiches are available with a choice of either Hokkaido or Sourdough bread.
The menu also features an array of Fresh Bowls, including options like Burma Burma, Overnight Oats, Souvlaki, or Cantina Bowl. Healthy Multigrain Dosas like Goodfella and Kejriwal are packed with finger millets, spinach, and goat cheese.
For dessert options, the cafe offers a diverse range of desserts, including the Chocolate Chunk Cookie, Pistachio Matcha, Basque Cheesecake, and various chocolate cakes.
Costa Coffee, coffee brand under Coca-Cola in India's commercial beverage sector has declared the inauguration of its 150th store in Rajouri Garden, New Delhi.
In 2005, Costa Coffee marked its entry into the Indian market by inaugurating its very first café in Connaught Place, New Delhi, marking the initiation of its Indian journey.
In the past year, in collaboration with Devyani International, Costa Coffee embarked on a substantial expansion initiative in India, introducing around 60 new stores.
Brand’s ongoing objective is to establish new outlets in the top 8-10 cities in India, with a particular focus on specialized locations such as airports, highways, and healthcare facilities.
India's coffee sector is undergoing a fascinating transformation, with a growing emphasis on specialty coffee and premium offerings, particularly driven by urban millennials who have transformed coffee shops into vibrant social spaces.
This shift is particularly noteworthy in a nation traditionally associated with tea culture.
The 150th Costa Coffee outlet exemplifies Costa Coffee's dedication to offering artisanal coffee crafted from locally sourced ingredients.
“India is a key market for us globally and we are proud to commemorate the opening of our 150th store. This milestone truly highlights the overwhelming love and support we have received from coffee enthusiasts across India. Our aim is to extend our presence to every corner of the nation, and we remain committed to achieving this vision through our continuous expansion efforts, ensuring remarkable coffee experiences for all." said, Vinay Nair, General Manager, India & Emerging Markets, Costa Coffee.
Costa Coffee offers a diverse menu featuring a selection of distinctive coffee creations, including popular choices like the Flat White, Classic Corto, Café Caramela, and more, all prepared using locally-sourced coffee beans.
India's specialty coffee chain, abCoffee, disclosed today that it has secured $2 million in seed funding. Leading the investment is Tanglin Venture Partners, with additional support from 100X.VC, Panthera Peak, OTP Venture Partners, and several angel investors.
“This investment will enable us to accelerate our growth and bring our unique coffee experience to more neighborhoods across India. In the coming, 8-12 months, we keep the same momentum of growth; ensuring people are at heart of everything and bring the abCoffee’s specialty coffees to India’s new neighborhoods.” said, Abhijeet Anand, Founder and CEO of abCoffee.
The capital infusion will enable abCoffee to bolster its technological infrastructure, diversify its product offerings, and extend the reach of its budget-friendly specialty coffee through its retail grab-and-go outlets across India.
In 2022, abCoffee was established with the goal of democratizing specialty coffee, aiming to increase its accessibility.
“As the first investors in abCoffee, we are delighted with the rapid growth that abCoffee has been able to achieve. In a burgeoning market, abCoffee has the perfect mix of the right product, strong team and proper positioning to propel them into becoming a leading coffee brand in India in the coming years”, said, Ninad Karpe, Founder & Partner, 100X.VC.
The company provides an extensive selection of freshly brewed coffee options, all reasonably priced, and sourced from top farms in Chikmagalur.
“The initial traction in Mumbai/Delhi across their numerous outlets has been phenomenal and the next 8-12 months promises to be extremely exciting. We are delighted to back abCoffee” said, Nikhil Bhandarkar, Founder & MD Panthera Peak Capital.
The company's main office is located in Mumbai.
Blue Tokai Coffee Roasters, India's leading specialty coffee brand, revealed the introduction of the fourth installment of their highly cherished special coffee selection, known as the Producer Series.
The Producer Series, as its name implies, is a tribute to the endeavors of India's visionary coffee producers who are exploring inventive processing methods to craft distinct coffee varieties.
These special coffees are cultivated in small batches, subjected to diverse experiments at the farm level, and then undergo a gentle roasting by Blue Tokai's in-house experts to accentuate their exceptional fruity and floral characteristics, all before reaching the hands of customers.
During the past ten years, Blue Tokai has been actively collaborating with more than 70 coffee producers in India to introduce the nation's top-quality coffees to a global audience.
The Producer Series serves as a platform that not only showcases these enduring partnerships but also signifies the rising interest in coffee experimentation and the expanding community of specialty coffee enthusiasts within India.
Just like Blue Tokai's other roasted coffee offerings, all the batches of 'Producer Series 2023' will be accessible in various grind options, ensuring they are suitable for any brewing method that consumers may favor.
Third Wave Coffee (TWC) introduced its 19th coffee shop in Chembur, Mumbai.
This new inclusion to the Third Wave franchise aims to revolutionize the café encounter and bring joy to the palates of both coffee aficionados and food lovers.
The decision to opt for this location was guided by the area's bustling ambiance and rich gastronomic diversity.
"This café is located in a premium neighbourhood in Chembur, one of the largest suburbs of Mumbai. It is a corner store with great visibility through an open façade, offering a large number of seating options indoors or outdoors said, Varun Kapoor, Director of Operations, TWC.
The café's interior design combines contemporary beauty with timeless allure, immersing patrons in an atmosphere that embodies the essence of Third Wave Cafe.
Varun Kapoor, Director of Operations at TWC, further mentions, "Furthermore, we have plans to initiate sip & paint gatherings and coffee brewing workshops for our patrons, activities that are regularly organized across all our branches."
Matcha based cloud kitchen opens in the neighborhood of Bandra, Mumbai.
This new venture follows the triumph of their initial project, Ritual Daily Coffee, and is notable for being exclusively centered around the ingredient of Matcha.
It marks the first instance where this delivery brand has chosen to focus entirely on a single ingredient for its menu.
Over time, it has transformed into an irresistible connection with drinks infused with matcha, drawing inspiration from Japanese influences. The delivery kitchen has been introduced on the Swiggy platform.
The core essence of Tokyo Matcha Bar revolves around delivering matcha products of the utmost quality.
Meher Kohli and Rahul Ramnani, a dynamic duo, have taken the initiative to directly import ceremonial grade matcha from Tokyo, renowned for its unmatched superiority.
This meticulous approach guarantees customers an authentic and memorable matcha encounter, a sentiment that becomes particularly pronounced with the impending rainy season.
Tokyo Matcha Bar's menu presents an array of teas and lattes infused with matcha including Matcha Vanilla Bean Latte, Matcha Honey Latte, Matcha Milk Tea, and Himalayan Pink Salt Matcha. For those in pursuit of chilled delights, the selection of Frappes encompasses Matcha Frappuccino, Sea Salt Matcha Frappuccino, and Salted Caramel Matcha Frappuccino.
They also accommodate individuals seeking refreshing beverages by offering choices like Valencia Orange Matcha, Tropical Matcha, Wild Berry Matcha Iced Tea, and Fresh Lime Matcha.
Furthermore, those who appreciate coffee can indulge in timeless favorites such as Tokyo's Americano, Tokyo's Cappuccino, and Tokyo's Latte.
Matcha is renowned for its multitude of health advantages, and Tokyo Matcha Bar guarantees the preservation of these benefits in every item they offer.
By utilizing ceremonial grade Matcha, the brand crafts a daily practice that promotes holistic health while maintaining an uncompromised flavor experience.
Tokyo Matcha Bar is creating a genuine source of joy for aficionados of matcha and enthusiasts of fine teas throughout India.
International flavor giant, MONIN, is all set to host the MONIN Coffee Creativity Cup (MCCC) —a competition to find the most innovative, progressive, and creative coffee mocktail designed by industry professionals.
The competition begins from July 19th in Delhi and will move to Mumbai and Bengaluru for the other two regionals on July 27, and August 1 respectively.
For the first round, 10-15 participants at each regional will compete to create an innovative espresso-based mocktail that enhances and appeals to all five senses — sight, smell, sound, taste, and touch. Each contestant will then be marked on how well they incorporate the experience of the five senses in their drink.
A total of 10 contestants from all three regionals will move forward to the Finale, which will take place on August 3 in Bengaluru. The winner will then represent India at the Global Finals in Malaysia and get an all-expenses paid trip to Malaysia.
The jury will consist of Coffee Trainers, Influencers in the Coffee Industry, Barista Champions, and key people from the F&B Industry. The regionals will have 3 jury members for each city while the National final will have 4 jury members.
“We are very excited to bring together the coffee community in India and give them a chance to represent India on a global platform. It is a way for MONIN to support the growth and development of the current generation of coffee professionals and baristas and acknowledge the growth of the coffee channel in India & the Asia-Pacific region,” shared Germain Araud, Managing Director, MONIN India.
A premium French brand created in 1912, MONIN is an innovative flavor solutions creator and a trusted partner for hospitality professionals across the world.
Tata Consumer Products (TCP), the consumer goods company bringing together the food and beverage businesses of the Tata Group, has entered the Ready to Drink Cold Coffee market with the introduction of Tata Coffee Gold- Cold Brew.
Tata Coffee Gold undergoes a cold water brewing process to preserve its velvety texture, utilizing premium ingredients.
It is offered in three options: Classic, Mocha, and Hazelnut.
With a commitment to natural flavors, this beverage delivers an authentic and genuine coffee experience, ensuring a refreshing and gratifying taste.
“Our aim with Tata Coffee Gold- Cold Brew Ready-to-Drink Coffee is to provide an unparalleled coffee experience to our discerning customers. With Tata Coffee Gold- Cold Brew, we are offering a product that delivers a rich, rounded taste without any bitterness, while still providing a cold brewed coffee hit," said, Mr. Vikram Grover, MD NourishCo Beverages Limited, Tata Consumer Products.
Designed with discerning individuals in mind, this meticulously concocted beverage is steeped for over 12 hours, resulting in a bold, luxurious, and smooth flavour.
Notably, Tata Coffee Gold- Cold Brew Ready-to-Drink Coffee stands out with its low sugar content, appealing to health-conscious individuals while maintaining its delectable taste.
Tata Coffee Gold- Cold Brew Ready-to-Drink Coffee will be available at select retail outlets nationwide with a cost of Rs.125 without the need for any additional preparation.
On Monday, Sebi, the regulatory body for capital markets, imposed a fine of Rs 1 crore on Mysore Amalgamated Coffee Estates for their involvement in aiding and abetting Coffee Day Enterprises in the diversion of funds worth Rs 3,535 crore.
Sebi has ordered Mysore Amalgamated Coffee Estates to pay the fine of Rs 1 crore within 45 days. This directive was included in an order issued by Sebi on the matter.
According to Sebi's order, both Mysore Amalgamated Coffee Estates Ltd (MACEL) and Coffee Day Enterprises Ltd (CDEL) are controlled by the same group of individuals, which includes Late VG Siddhartha and his family members.
Sebi has stated that MACEL, which was a pass-through entity, aided and abetted Siddhartha in diverting funds worth Rs 3,535 crore from CDEL's subsidiaries to MACEL and then to entities controlled by Siddhartha and his relatives. Sebi has found this to be a violation of the SEBI Act and the PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) Regulations.
Sebi has noted that the diversion of funds was never disclosed to the investors until the death of VG Siddhartha. As a result, Sebi has imposed a fine of Rs 1 crore on Mysore Amalgamated Coffee Estates Ltd (MACEL), which was referred to as "Noticee 1" in the order.
In July 2019, VG Siddhartha, who was the Chairman of the Coffee Day Group, allegedly committed suicide.
He reportedly left a suicide note addressed to the board of directors and Coffee Day family, in which he disclosed that he was heavily in debt. Following Siddhartha's death, the board of directors of Coffee Day Enterprises Ltd (CDEL) appointed Ashok Kumar Malhotra, a retired DIG of the Central Bureau of Investigation, and Agastya Legal LLP in September 2019 to conduct an investigation into the company's financial statements and its subsidiaries.
Sebi had launched its own investigation to determine if there was a violation of regulatory norms due to funds being diverted to related entities from April 2018 to March 2020.
In January, Sebi imposed a penalty of Rs 26 crore on Coffee Day Enterprises, the parent company of Cafe Coffee Day, for diverting funds from its subsidiaries to a firm connected to its promoters.
99 Pancakes, India’s has collaborated with Rage Coffee, a Delhi-based caffeine innovation brand to introduce two new flavours- Irish Hazelnut and French Vanilla, to the menu.
As part of Rage Coffee's marketing strategy, 99 Pancakes will be promoting Rage Coffee in its menu and in-store merchandise.
"Rage Coffee is all a flavour experimentation, innovation and a maverick mindset. This is the millennial outlook that we have imbibed into our ethos. This exciting collaboration is an experiment with coffee and the favorite menu items at 99pancakes. Coffee lovers would love the twists that Irish Hazelnut and French Vanilla coffees bring to their pancakes and waffles" said Bharat Sethi, Founder & CEO, Rage Coffee.
Specially curated and brand-new menu includes pancakes, waffles, and coffee, which are available in two flavours from Rage Coffee - Irish Hazelnut and French Vanilla. The special menu offers Irish Hazelnut Pancake, French Vanilla Pancake, Irish Hazelnut Waffle, French Vanilla Waffle, Irish Hazelnut Iced Coffee, and French Vanilla Iced Coffee.
The price of the new menu starts at Rs 120. This new menu will be served at all the 40 outlets of 99 Pancakes across India.
99 Pancakes has outlets in Maharashtra, Gujarat, Uttar Pradesh and Madhya Pradesh. Recently, the pancakes brand opened its 3 new outlets in Hyderabad, Telangana.
“Rage Coffee is an innovative coffee brand and collaborating with it gives an opportunity to come up with new innovations in our menu. Through this collaboration, we intend to aim the coffee connoisseurs,” added Vikesh Shah, Founder, 99 Pancakes.
India Coffee House, located on Ambedkar Road was inaugurated today by Shri. Rajesh Agrawal, IAS, Additional Secretary DOC, Ministry of Commerce, Government of India in the presence of Shri Neeraj Gaba, Director, Plantation, DoC, Ministry of Commerce & Industry, Dr. K G Jagadeesha, IAS, CEO and Secretary, Coffee Board, Government of India, Shri N N Narendra, IOFS, Director of Finance, Coffee Board, Government of India and Dr. M Senthil Kumar, Director of Research, Coffee Board, Government of India.
The brand got renovated at a cost of around Rs. 22 lakhs and the décor and interiors of India Coffee House has been revamped in such a way that it keeps the legacy of the 50-year-old iconic coffee house while making a subtle yet strong connection with the youth.
It has also tied up with Mitti Café, a chain run by the staff of specially abled personnel, an incubate of Atal Incubation Center. The Coffee Board will also use this facility as a training centre for those interested in starting a coffee business from tier II cities.
“We have renovated the iconic India Coffee House to retain its aesthetic heritage feel while making it appeal to youngsters," said Shri. Rajesh Agrawal, IAS, Additional Secretary DoC, Ministry of Commerce & Industry, Government of India.
“This renovation is the first step in our long-term plan to promote coffee across the state. The new menu has been curated by Mitti café who will introduce a specialty segment of coffee. ”We will soon introduce a course in professional barista training for youngsters who have completed their plus two or twelfth standard and want to set up their own coffee shop. We are also exploring to introduce a franchisee model for entrepreneurs in Tier II cities, where they will be trained here in Bengaluru and we will give them the required assistance to set up India Coffee House centers in their respective cities or towns. Our aim is to promote entrepreneurship as well as increase coffee consumption across Karnataka," added Dr. K G Jagadeesha, IAS, CEO and Secretary, Coffee Board, Government of India.
Delhi-based Rage Coffee has onboarded Virat Kohli as an investor and brand ambassador.
This association between the adored Indian cricketer with one of the fastest growing and trailblazing FMCG brands would entrench Rage Coffee as a fan favorite in the market and create a pathway for customer acquisition.
Previously Rage Coffee had raised $5 million of growth capital as part of its Series A funding round led by Sixth Sense Ventures in Aug 2021.
“Virat Kohli has set some unrivaled records in the top echelon of world cricket and is rightly known as the best batsman in the world. Apart from being a world-class athlete, Virat is also a fitness enthusiast who is committed to an attitude that fosters a healthy lifestyle and it seamlessly aligns with the ethos that Rage Coffee promotes,” shared Bharat Sethi, Founder and CEO of Rage Coffee.
The brand has swiftly scaled up to new territories since its inception in 2018 – selling extensively online and expanding the offline network to 35 distributors, 4 CFAs, 5 super stockists, covering 2500+ offline touchpoints across India.
“I’ve been using Rage Coffee products for some time, and, I am excited to be a part of its growth journey. The team at Rage Coffee has shown high levels of business execution and stupendous growth over the last couple of years. Rage Coffee has developed some trailblazing products that conforms with my innovative approach and aligns with my lifestyle,” added Virat Kohli.
The brand is planning to expand its online presence and offline footprint Pan-India and will utilize the fresh capital for marketing and distribution purposes.
Rage Coffee will also use the funds to scale production, launch innovative new products and add senior management talent.
Instant coffee brand Sleepy Owl has announced the launch of its premium instant coffee, thereby expanding its product portfolio and widening its accessibility as a brand.
Through this product, the brand aims to close the gap between convenience and experience, which has been one of the key USPs of the brand and reflects across all its product offerings.
“The concept of “Instant Coffee” in India is not merely a function of simplified process and time. It is also a way of socializing and indulging in cultural experiences. And this is where we come in, had it only been about convenience or functionality- there are established players in the market that are already catering to that. But if we are talking about “Experience”, we want people to know what a “Real Good Instant Coffee” tastes like,” shared Ashwajeet Singh, Co-founder, Sleepy Owl Coffee.
Sleepy Owl's Premium Instant Coffee is made with its signature 100% Arabica beans, and uses Microground Technology, which consists of 95% soluble coffee crystals and 5% freshly roasted high-quality beans.
It is available in three delicious flavours - Original, French Vanilla and Hazelnut and these contain no artificial flavours or preservatives.
The coffee has been thoughtfully packaged in a multi-serve tin, made of infinitely recyclable material, making it a 100% sustainable offering, just like Sleepy Owl’s other products.
Instant coffee brand Rage Coffee has raised $5 million of growth capital as part of its Series A funding round led by Sixth Sense Ventures.
It manufactures, markets, and distributes innovative coffee products globally.
Founded in 2018 by Bharat Sethi, the vitamins-enriched coffee products are retailed through their own website, all leading online platforms, and 1000+ offline touchpoints through a network of distributors.
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“We are excited to work with Sixth Sense Ventures - veteran FMCG investors, through this round of funding. Therefore, we plan to double down on our efforts across all the channels. We are successfully building a truly omni-channel FMCG brand, with distribution strategies being implemented for the first time, given our digital DNA. In fact, our D2C channel has grown 10x during the pandemic,” said Sethi.
With this round of funding, they are set on fulfilling global demand as well with distributor partners in US, Europe & GCC markets already working with them.
It is also planning to expand its online presence and offline footprint pan-India and will utilize the fresh capital for marketing and distribution purposes. Rage Coffee will also use the funds to scale production, launch innovative new products and add senior management talent.
“We are thrilled to partner with RAGE Coffee in their journey! The company’s vision is perfectly aligned with our philosophy here at Sixth Sense – a disruptive product (flavoured instant coffee), developed by a maverick founder, with a vision to disrupt a large category (INR7000cr+ segment in India),” added Nikhil Vora, CEO and Founder of Sixth Sense Ventures.
The ~INR7000cr Indian packaged coffee segment is dominated by incumbents with two players - Nestle and HUL (Nescafe &Bru) - controlling over 65% market share of the industry. Given the lack of innovation in the space, Rage is well-positioned to be the brand of choice for the next generation of coffee consumers. Rage is disrupting the core instant coffee segment by launching flavored instant coffee (Mocha mint, Irish hazelnut, Dark chocolate, etc ) along with products such as roast coffee, and cold brew coffee bags.
Starbucks Corporation has announced financial results for its 13-week fiscal third quarter ended June 27, 2021.
As per the report, Q3 Comparable Store Sales Up 73% Globally; U.S. Up 83% with 10% Two-Year Growth.
“Starbucks delivered record performance in the third quarter, demonstrating powerful momentum beyond recovery. Our ability to move with speed and agility and to be out in front of shifting customer behaviors has helped further differentiate Starbucks, positioning us well for this moment,” said Kevin Johnson, President & CEO, Starbucks.
The international comparable store sales increased 41%, driven by a 55% increase in comparable transactions, partially offset by a 9% decline in average ticket.
“As the Great Human Reconnection continues to unfold, our partners are rising to the occasion, ready to meet our customers wherever they need us to be – with the right store, in the right place, at the right time. Given the strength of our diverse portfolio and the elevated Starbucks Experience, as evidenced in our Q3 record results, we are raising our full-year financial outlook and are confident in our ability to continue to execute our ‘Growth at Scale’ agenda to unlock the full potential of the Starbucks brand,” added Johnson.
The company opened 352 net new stores in the third quarter of fiscal 2021, yielding 3% year-over-year unit growth, ending the period with a record 33,295 stores globally, of which 51% and 49% were company-operated and licensed, respectively.
Stores in the U.S. and China comprised 62% of the company’s global portfolio at the end of the third quarter of fiscal 2021, with 15,348 and 5,135 stores, respectively.
The brand has focused on a highly differentiated Starbucks Experience, focused on the customer experience, relevant new beverage platforms, and expanded digital customer relationships, translating to increased consumer preference and deeper customer engagement.
Gloria Jean’s Coffee, the coffee cafe brand, is making a comeback to India with 100 new stores in the next five years.
Jay Jay Capital & Investments is the new master franchise company for Gloria Jean’s Coffee in the country. It is planning to invest up to Rs 150 crore for the expansion.
Gloria Jean’s Coffee is looking at launching 40 outlets across metros and mini-metros in India in the next three years. The brand will be targeting Bengaluru, Mumbai, Delhi NCR and Hyderabad for expansion.
Earlier, the Australian coffee brand had forayed into a master franchise agreement with Citymax Hospitality of the Landmark Group but had to shut shop after seven years of operations and a bleeding balance sheet.
In 2014, the company had annual revenue of about Rs 15 crore in the country, after seven years of operations.
Founded by Gloria Jean Kvetko in 1979 in the US, Gloria Jean’s Coffee launched its first outlet in Sydney, Australia. The brand now has a presence in over 50 markets.
Plans for India
Gloria Jean’s Coffee will be working on a cold kitchen concept and prepare fresh food. Its cafes will be about 800-1,500 sq ft with a per-store investment of about Rs 1 crore. The brand expects the return on investment to begin within two-and-a-half years of a store first being set up.
The company’s first set of stores is slated to launch in Mumbai and Bengaluru by June 2020.
Gloria Jean’s Coffee will also be revamped to provide fresh and live food at all outlets, which are to be a game-changer in the cafe industry. It will be positioned as a mid-segment brand.
The café brand is targeting to unveil outlets in shopping malls as well as selected high-street locations.
Offerings by Gloria Jean’s Coffee
Gloria Jean’s Coffee offers a variety of cold and hot coffees, chillers, quick bites, and muffins and pastries.
Rohit Malhotra, CEO of Jay Jay Capital & Investments Pvt Ltd, said, “At Gloria Jeans, we take our coffee very seriously, so not only does it taste great, but we also make sure we buy from suppliers that look after both their workers and the environment.”
“Our coffee beans are sourced from all over the world and from many different farms of all types and sizes large plantations, co-operative groups and tiny family farms,” he added.
Indian café chain market
In India, the café chain market, led by Café Coffee Day and Tata Starbucks, is one of the fastest-growing categories in the consumer food service industry. As per market research firm Euromonitor, this market is estimated to grow 6.9% a year to Rs 4,540 crore by 2023 in value sales at constant prices exclusive of inflation.
According to Euromonitor, India is now the world’s 10th fastest growing market for specialist coffee and tea retail chains, valued at Rs 2,570 crore in 2018.
Lavazza India has launched its second Training Center in Andheri East, Mumbai. Spread across 600 sq ft, this one-of-its-kind Training Center in Mumbai is the second in India. It will provide training and information on the Italian coffee culture to baristas and aspiring professionals. The centre will also offer training on the perfect coffee preparation, according to Italian tradition.
The Training Center will showcase the art of preparing coffee, in order to preserve the excellence of the product both at the moment of preparation and consumption: at home or away from home. It will also offer coffee workshops and modules alongside sessions for baristas, bartenders and professionals.
The center will further organize & provide courses on coffee tasting, coffee cultivation and processing, espresso preparation, cappuccino, latte art and coffee design.
Jai Ganesh Ramnath, MD of Lavazza India, said, “We have been in India for a decade, as part of 125-year family-owned business history, we have introduced state-of-the-art innovations, which help deliver superior quality and taste in every cup of coffee. With the boom of coffee culture among the youth in India, it is the right time for a brand like Lavazza, which invests a lot in coffee education, both with consumers and influencers, to open another Training Center in India. The training center in Mumbai will mark another milestone in Lavazza’s journey in the country and will further strengthen the foothold of Lavazza in India.”
Barista, a leading coffee chain in India, is organizing 'Flavours of Coffee' festival across its outlets on the eve of International Coffee Day. International Coffee Day is celebrated worldwide on 1st October. Coffee lovers across India will get an opportunity to experience the hallmark drink ‘Cappuccino’ in relishing flavours such as Hazelnut, Irish and Vanilla at all Barista cafés.
Puneet Gulati, CEO, Barista, said, “International Coffee Day is a perfect day to engage with coffee lovers more deeply. Coffee is not native to India, but with Millennials causing a shift in the demand the Coffee consumption in India is rising. We chose to celebrate the different flavors of Cappuccino since it is the most preferred coffee variant.”
Barista is home to many coffee lovers in India who swear by Barista's premium beverages and Cappuccino remains to be the most sought-after coffee at Barista outlets. After South India's filter coffee that has a long history behind it, Cappuccino has emerged as the most consumed coffee variant in India. Launching ‘Flavours Of Coffee’ hence is a perfect fit for the forthcoming festive season.
Along with celebrating the International Coffee Day, Barista is also organizing Dessert Festival called ‘Dessert Goals’ in selected outlets. During the festival, Barista customers will get a chance to try Barista's newly launched desserts in new avatars. Exciting flavours such as New York Cheese Cake, Loaded Chocolate Cake, Red Velvet Cake and Molten Choco Burst will be available at nominal prices starting from Rs. 99 only. These delicious and mouth-watering desserts perfectly complement Barista's premium beverages.
Dunkin' is launching its three new coffee drinks at select locations across the United States. The new drinks are the Shakerato, cold brew latte and cafe au lait.
The Quick Service Restaurant (QSR) chain will make these drinks available in its 300-plus "next-generation" restaurants across the country.
The café au lait features Dunkin’s dark roast coffee mixed with steamed milk for a rich and creamy coffee beverage. While the cold brew latte is made with a simple blend of concentrated cold brew and milk.
Described as a bold beverage, the Shakerato features two shots of sweetened espresso, swirled to create a cold foam layer.
In January 2018, Dunkin' first debuted its next-generation store concept in Quincy, where the company was founded in 1950.
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Lavazza has launched its first premium ready-to-drink iced coffee product in the UK market. Called Lavazzo Iced Cappuccino, the product has been launched by the brand under a new partnership with PepsiCo. The beverage will be jointly marketed, sold and distributed by the partners.
Lavazza Iced Cappuccino is available nationwide in the UK from summer 2019. It aims to leverage Lavazza’s reputation as a coffee specialist for capitalising on the growing demand for premium iced coffee options.
Available in a 100% recyclable and premium can, the drink features a blend of Lavazza coffee and milk.
The UK launch is only the first step of a partnership between Lavazza and PepsiCo in Europe, targeted at accelerating innovation in this rapidly growing segment.
Following the launch, both companies will work together to broaden the new product lines in the future, as well as expand into new markets in 2020.
Sergio Cravero, Chief Marketing Officer, Lavazza Group, said, “We are proud to cooperate with PepsiCo as we enter the fast-growing iced coffee segment for the first time. Lavazza’s commitment to quality, combined with PepsiCo’s expertise, allows us to explore and offer in certain strategic markets more and more ways to enjoy coffee, in line with the international vocation of the Group to grow on a global scale.”
Mark Kirkham, Vice-President and Head of Marketing, PepsiCo West Europe Beverages, stated, “PepsiCo is very excited to be introducing Lavazza Iced Cappuccino to the UK market. This is the start of a collaborative partnership with Lavazza where we plan to innovate and bring to market new offerings based on consumer insights and preferences in the growing premium coffee space.”
“We look forward to building on this initial offering and setting the stage for European expansion in 2020,” Kirkham added.
Flat white has become one of the key innovations in the last decade in the UK coffee. Among cappuccinos, americanos and lattes, flat white sits on the top of the menu in the country.
As per a September 2018 report from Kantar Worldpanel, flat white is the fastest growing over-the-counter coffee order in the UK, with sales increasing by 11% last year alone.
Responding to the increasing popularity of flat white coffees in the UK, Jimmy’s Iced Coffee has introduced a new Flat White Extra Shot iced coffee.
In October 2018, Jimmy’s surveyed 250 coffee drinkers, of which, 60% of respondents claimed that they wanted to see an iced version of the drink launched. In turn, Jimmy’s opted to create the new product in order to respond to this demand.
Flat White Extra Shot iced coffee contains a blend of five ingredients, which included ethically-sourced Arabica beans, semi-skimmed milk and unrefined demerara sugar.
The new drink is packaged in a black and gold can, marking a departure from the brand’s traditional cardboard packages. The new product is the first in the range to be infinitely recyclable.
Suzie Cregan, Co-Founder of Jimmy’s, said, “We knew we wanted to launch a stronger Iced Coffee, with so many people still wanting a daily energy boost but increasingly moving away from sugar-filled energy drinks. This was a prime time for us to create an Extra Shot.”
“Combine this with traceable ingredients and recyclable packaging, we’re excited to launch the Flat White with all the credentials our drinkers care about. We don’t compromise and we’re proud to stand out in the chiller across branding, packaging and ingredients,” he added.
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