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Specialty coffee and craft baked goods brand Sabko announced $10 million in funding led by Nikhil Kamath, giving it a post-money valuation of approximately $34 million.
Blume Founders Fund, Gauri Khan Family Trust, Priya and John Abraham, Sangita Jindal, Srinivas and Pallavi Dempo and Mehta International Mauritius Limited Group also participated in the round.
The startup will use the funding to strengthen its talent pool, develop a technology-enabled customer experience, enhance product and design research and development, improve farm-level infrastructure for specialty green coffee and premium cocoa beans, and create a new We aim to use this information to release coffee that can be drunk at any time of the day. product.
According to an official release, Subko is also evaluating and executing the rollout of flagship experience cafes in various formats in a carefully calibrated manner in select cities in India and around the world.
Rahul Reddy, Founder, CEO and Creative Director of Subko, said: “We have carefully tailored Subko’s unique craft cafe experience to select cities in India and potentially global capitals. We are committed to expanding with quality first and promoting the introduction of South Asia.” The power of craftsmanship and regional produce. ”
Founded in 2020 by Rahul Reddy, Subko Specialty Coffee Roasters and Craft Bakehouse is a coffee roastery, bakehouse, and experiential cafe concept.
We work directly with small farmers and coffee plantations to harvest, process, roast and transform agricultural products into premium specialty finished products.
Entrepreneur and investor Nikhil Kamath said, “It is of utmost importance that unique Indian brands like Sabco lead the way in bringing our unique and curated experiences to the world. My journey with Sabko as he transitions home has given me something.” We provide unique insights into your brand’s evolution and potential. ”
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