Subko Secures $10 Mn In Funding Led By Nikhil Kamath
Subko, a brand in speciality coffee and craft baked goods, has received USD 10 million in funding led by entrepreneur and investor Nikhil Kamath. Other investors including Blume Founders Fund, The Gauri Khan Family Trust, Priya and John Abraham, Sangita Jindal, Srinivas and Pallavi Dempo and The Mehta International Mauritius also joined in.
The funds will be used to grow Subko's team, improve customer experiences with technology, enhance product design research and development, upgrade farm-level infrastructure, and introduce new ready-to-drink coffee products. The company is also considering opening flagship cafés in different formats in select Indian cities and globally.
Subko’s competitors include Blue Tokai Coffee Roasters, Third Wave Coffee Roasters, Starbucks, SLAY Coffee, and Hatti Kaapi. Nikhil Kamath has also invested in Third Wave Coffee.
Based in Mumbai, Subko aims to spotlight Asia’s speciality coffee value chain and provide a contemporary representation of the Indian subcontinent for global appeal. It works directly with coffee estates, smallholder farmers and local artisans to transform agricultural produce into finished goods.
