Toffee Coffee Roasters, one of India’s fastest-growing specialty coffee brands, has secured Rs 5 crore in a pre-Series A funding round led by Inflection Point Ventures (IPV) with participation from 66 Bridge Partners, Abhijit Vemuganti, and Invesst. The brand, previously featured on Shark Tank India and backed by Ritesh Agarwal, aims to accelerate its expansion and strengthen operational capabilities through this new investment.

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The funds will be deployed to expand the company’s operational footprint, upgrade its backend roastery, enhance packaging quality, and introduce new product innovations. With a growing customer base, the brand is focused on improving efficiency across its supply chain to meet rising demand.

Co-founded in 2019 by Rishabh Nigam and Nandini Shrivastava, Toffee Coffee Roasters began as a specialty café in Mumbai. During the 2020 lockdown, the company pivoted to delivering freshly roasted coffee across Mumbai and later expanded to pan-India distribution. Today, the brand caters to over 2 lakh customers through marketplaces, its website, and quick commerce platforms.

Operating from a 10,000 sq ft roastery, Toffee Coffee Roasters manages sourcing, processing, roasting, and dispatching in-house, ensuring freshness and quality at every stage.

According to industry research, the global coffee market is valued at $150–200 billion, whereas India’s coffee market is approximately $2 billion and growing at a CAGR of over 20%. This robust growth reflects the rising demand for premium coffee products and shifting consumer preferences toward specialty brews.

Positioned within this expanding market, Toffee Coffee Roasters emphasizes direct sourcing, small-batch roasting, and consistent quality. Its lean supply chain minimizes intermediaries, enabling better pricing and superior freshness for customers.

The company currently produces over 5 tonnes of coffee each month, with more than 40,000 units consumed monthly. This translates to 3–4 lakh cups of coffee brewed at home nationwide every month. To meet rising demand, Toffee Coffee Roasters plans to increase production to 50 tonnes per month, which could support Rs 8–10 crore in monthly revenue and reach 8–10 lakh customers.

The brand also estimates its current market share at 1–2% within India’s overall coffee category—a significant footprint for a young startup operating in a competitive, rapidly evolving landscape.

Toffee Coffee Roasters continues to strengthen its position by offering diverse blends, responsibly sourced beans, and fresh-to-home roasting. As India’s coffee culture evolves, the brand aims to deepen its presence through innovation, quality control, and nationwide distribution. With the latest funding boost, it is well-positioned to accelerate growth and enhance its portfolio for the country’s expanding coffee-loving population.