Led · Seed · Apr 2024

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.