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Boba Bhai Raises ₹40 Crore to Fuel India's Bubble Tea Revolution

By , Funding & Deals Editor3 min read
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Boba Bhai bubble tea startup funding expansion India

India's fastest-growing bubble tea brand Boba Bhai secures ₹40 crore in fresh funding to expand to 500 outlets across the country by end of 2026.

Key Facts

Key facts: Boba Bhai Raises ₹40 Crore to Fuel India's Bubble Tea Revolution
DetailValue
Deal size₹40
SectorBoba Bhai
CoverageStartup Funding

Boba Bhai, India's fastest-growing bubble tea chain, has raised ₹40 crore (~$4.7 million) in its latest funding round to accelerate nationwide expansion and strengthen its supply chain.


About Boba Bhai


Brand Overview:

  • India's largest bubble tea chain
  • 200+ outlets across 50+ cities
  • Average ticket size: ₹150-200
  • Target: 500 outlets by end of 2026

  • Funding Details


    Round Breakdown:

  • Amount: ₹40 crore (~$4.7M)
  • Use of Funds: Store expansion, supply chain, new flavors R&D
  • Expansion Plan: 300 new outlets in 12 months

  • Growth Story


    Business Metrics:

  • 3x revenue growth YoY
  • 200+ franchise partners
  • 20M+ cups sold since launch
  • Present in metros and Tier 2/3 cities

  • Market Opportunity


    India's bubble tea market is estimated at ₹1,500 crore and growing at 25% annually. Boba Bhai has captured the largest market share by positioning itself as an affordable, accessible alternative to global brands.

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    Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.

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