Boba Bhai
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Boba Bhai FY26 revenue 2.5x to ₹70 Cr, but losses widen 32% to ₹12.5 Cr
Bengaluru-born bubble tea and Korean QSR chain Boba Bhai grew FY26 revenue 145% YoY on equal food-beverage split and 30-40% SSSG. Backed by 8i, Titan, DeVC and Honasa, it raised ₹40 Cr fresh and now eyes 200-250% FY27 growth via coconut jelly drinks, Korean chips and quick commerce.
Inc42 · Buzz · 5/26/2026, 3:09:39 PM
Boba Bhai's FY26 revenue jumps 1.5X to ₹70 Cr, losses widen 32%
The bubble tea-led QSR chain says FY26 revenue hit ₹70 Cr (vs ₹28 Cr) on 30-40% SSSG, but net loss widened to ₹12.5 Cr. Food and tea split 50-50; coconut jelly drinks and Korean chips via quick commerce are next. Targets profitability before pushing into Kolkata and Ahmedabad.
Inc42 · Buzz · 5/26/2026, 1:20:40 PM