abCoffee has announced a significant investment of $2 million in seed funding, with Tanglin Venture Partners leading the investment round. Notably, this funding endeavor also received strong support from 100X.VC, Panthera Peak, OTP Venture Partners, and several angel investors. The infusion of funds will play a pivotal role in further enhancing abCoffee's technological infrastructure, broadening its product portfolio, and extending the reach of its reasonably priced specialty coffee offerings through retail grab-and-go outlets across India.

Established in 2022, abCoffee embarked on a mission to democratize the world of specialty coffee by rendering it more accessible to a broader audience. The company distinguishes itself by offering an extensive selection of freshly brewed coffees at competitive prices, sourced from premier farms in Chikmagalur and expertly roasted to cater to the discerning Indian palate. Abhijeet Anand, Founder and CEO of abCoffee said, "We are thrilled to have the support of such renowned investors who believe in our mission to make specialty coffee accessible to everyone. 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".

"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", Ninad Karpe, Founder and Partner, 100X.VC. "We believe abCoffee has got the right balance of premium coffee at the right pricing. With its asset-light and capital-lean approach, abCoffee is uniquely positioned to build a pan-India affordable coffee chain. The initial traction in Mumbai/Delhi across their numerous outlets has been phenomenal and the next 8-12 months promise to be extremely exciting. We are delighted to back abCoffee", said Nikhil Bhandarkar, Founder and MD Panthera Peak Capital.