Participated · Equity · Mar 2026

Founded in 2023 by Dhruv Kohli, Boba Bhai blends Korean-inspired cuisine with an extensive bubble tea menu of more than 45 flavors. The company currently runs about 90 outlets nationwide—roughly 55 with seating and the remainder delivery hubs—and also fulfills high-volume orders via Swiggy, Zomato, and Blinkit. Management reports month-on-month quick-commerce growth of 40–50% and plans to expand to 300 stores by 2026 while rolling out new packaged beverages. Revenue rose from Rs 5 crore in FY24 to Rs 30 crore in FY25, and the team targets crossing a Rs 100 crore annualized run-rate within two months. Core menu items include gochujang burgers, Korean fried chicken, rice and noodle bowls, and K-pop-inspired snacks. The fresh capital will be used to accelerate store openings, deepen leadership bench strength, and develop additional products.

Participated · Series A · Oct 2020

Limehome GmbH operates a fully digital hospitality platform, positioning itself as a leading provider of tech-enabled lodging across Europe. The company streamlines the guest experience through technology, allowing travelers to access, book, and manage stays without traditional front-desk interactions. Its model focuses on combining the comforts of serviced apartments with the efficiency of an online-first operation. Hogan Lovells acted as legal advisor to Limehome in its latest financing, underscoring the strategic nature of the transaction. The €75 million infusion from Cheyne Strategic Value Credit strengthens Limehome’s balance sheet and provides capital for continued geographic expansion and product development. While specific revenue or occupancy metrics were not disclosed, the sizable investment signals investor confidence in Limehome’s growth trajectory and market position.