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Boba Bhai

F&B (QSR)Bengaluru, Karnataka, India

Boba Bhai is a QSR brand pairing bubble tea with Korean street food, scaling aggressively across Indian metros with a 200–250% top-line growth target for FY27.

1StartupFox story
2023Founded
F&B(QSR)Sector
May 2026Latest coverage

Funding

Boba Bhai has raised $10M across 3 disclosed rounds, most recently a Growth round in Mar 2026.

$10MRaised
Growth roundLatest round · Mar 2026
3Events
Growth roundMar 2026confirmed
$5M (₹40 crore)
Investors8i Ventures, Titan Capital Winners Fund, Global Growth Capital (existing leads), BIG Capital, angel investors
Valuation
Raised at nearly 5x the Series A valuation, per the company
Tap any bar to see that round
Mar 2026Growth round$5M (₹40 crore)8i Ventures, Titan Capital Winners Fund, Global Growth Capital (existing leads), BIG Capital, angel investorsOutlook Business ↗
Jan 2025Series A$4M (₹30 crore)8i Ventures (lead), Titan Capital Winners Fund, Global Growth Capital, DEVCInc42 ↗
Apr 2024Seed$2M (₹12.5 crore)Titan Capital & Global Growth Capital UK (leads), Arjun Vaidya, Marsshot VC, DEVC, Warm Up VenturesInc42 ↗

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest lead8i Ventures1 round · 2026
Titan Capital Winners Fund2 rounds · since 2025
DEVC2 rounds · since 2024
angel investors1 round · 2026
BIG Capital1 round · 2026
Global Growth Capital (existing leads)1 round · 2026
8i Ventures (lead)1 round · 2025
Global Growth Capital1 round · 2025
Arjun Vaidya1 round · 2024
Marsshot VC1 round · 2024
Titan Capital & Global Growth Capital UK (leads)1 round · 2024
Warm Up Ventures1 round · 2024
Aggregated automatically from the disclosed rounds above.

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY26Revenuereported
₹70 Cr
PAT₹13 Cr loss
EBITDA
Growth+150% YoY
Basisstandalone
Net revenue +145% YoY; loss widened 32% on expansion
Tap any bar to see that year
₹ figures as filed, not restated

Leadership

DKDhruv KohliFounder · CEO

The Boba Bhai journey

2023 · founded
Founded in Bengaluru by Dhruv Kohli.
Apr 2024 · funding
Seed — $2M, led by Titan Capital & Global Growth Capital UK (leads).
Jan 2025 · funding
Series A — $4M, led by 8i Ventures (lead).
Mar 2026 · funding
Growth round — $5M, led by 8i Ventures.

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Frequently Asked

What is Boba Bhai?

Boba Bhai is a QSR brand pairing bubble tea with Korean street food, scaling aggressively across Indian metros with a 200–250% top-line growth target for FY27.

Who founded Boba Bhai?

Boba Bhai is associated with Dhruv Kohli.

How much funding has Boba Bhai raised?

Boba Bhai has raised $10M across 3 disclosed rounds. The most recent was a $5M Growth round in Mar 2026.

Who are Boba Bhai's investors?

Disclosed investors in Boba Bhai include 8i Ventures, Titan Capital Winners Fund, Global Growth Capital (existing leads), BIG Capital, angel investors, 8i Ventures (lead), Global Growth Capital, DEVC, Titan Capital & Global Growth Capital UK (leads), Arjun Vaidya, Marsshot VC, Warm Up Ventures.

Is Boba Bhai profitable?

Per its FY26 standalone filing, Boba Bhai reported ₹70 Cr in revenue, with a ₹13 Cr loss.

What is the latest news on Boba Bhai?

The most recent StartupFox coverage is “Boba Bhai Reports 145% Revenue Jump to ₹70 Crore in FY26 as Net Loss Reaches ₹12.5 Crore” (27 May 2026). All stories are listed on this page.