Blue Tokai Coffee Roasters
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Blue Tokai Coffee Roasters - overview
Established
2013
Location
Gurugram, Haryana, India
Primary Industry
Consumer Products
About
Founded in 2013 by co-founders Matt Chitharanjan, Namrata Asthana, and Shivam Shahi and based in Haryana, India, Muhavra Enterprises Private Limited, doing business as Blue Tokai Coffee Roasters, provides a range of products and services such as coffee beans, roasted coffee, cafes, and through an online platform. Blue Tokai's product range includes various blends and single-origin coffees, which are roasted in small batches to maintain quality. The offerings encompass a variety of roasts, like light, dark, medium, and medium dark. Additionally, the company sells brewing equipment, such as French presses, pour-over kits, and espresso machines, along with accessories like mugs and filters.
The company also provides subscription services, allowing customers to receive roasted coffee at regular intervals. In May 2026, Blue Tokai Coffee Roasters raised INR 175 million in series D funding led by Anicut Capital, with participation from A91 Emerging Fund, Verlinvest, 12 Flags, Waterfield Advisors, Rama Asset Management, Bhoruka Supply Chain, and Prudent Advisors. The company plans to use the May 2026 funding to support business expansion and growth initiatives.
Current Investors
8i Ventures, Snow Leopard Ventures, DSP Adiko.
Primary Industry
Consumer Products
Sub Industries
Non-Alcoholic Beverages
Website
www.bluetokaicoffee.com
Verticals
E-commerce, Manufacturing, Mobile Apps
Company Stage
Series D
Total Amount Raised
Subscriber access only
Blue Tokai Coffee Roasters - timeline of key events
Blue Tokai Coffee Roasters - financials
| Fiscal Year Ended | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | 20,311,019 | - | 114,501,369 | 241,183,777 | 401,967,499 | 409,650,197 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | 110.6% | 66.7% | 1.9% | - | - | - |
| EBITDA (USD) | 735,648 | - | (158,888) | - | (4,947,817) | (11,831,166) | (47,282,310) | (51,731,748) | - | - | - |
| Operating Income (USD) | 409,645 | - | (1,668,991) | - | (17,783,106) | (39,130,024) | (96,293,141) | (101,602,106) | - | - | - |
| Operating Margin | - | - | (8.2%) | - | (15.5%) | (16.2%) | (24.0%) | (24.8%) | - | - | - |
| % EBITDA Margin | - | - | (0.8%) | - | (4.3%) | (4.9%) | (11.8%) | (12.6%) | - | - | - |
| NET Income (USD) | 64,244 | - | (1,815,583) | (6,026,083) | (17,180,419) | (38,852,806) | (94,741,126) | (71,616,830) | - | - | - |
| % Net Margin | - | - | (8.9%) | - | (15.0%) | (16.1%) | (23.6%) | (17.5%) | - | - | - |
Blue Tokai Coffee Roasters - employee data
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