Stride Ventures
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The Encyclopædia of Indian Retail — revised every hour
0 mentions · last seen 6/5/2026
Grab-and-go chain abcoffee raised ₹61 crore in pre-Series B led by Kliff Ventures, with Hero Enterprise, Merisis and Stride participating. Capital will deepen presence in Mumbai, Delhi-NCR and Bengaluru beyond 90+ outlets, alongside tech, supply chain and subscription bets.
Business Standard · Companies · 5/25/2026, 2:09:13 PM
Mumbai-based abcoffee raised Rs 61 Cr from Kliff Ventures, Hero Enterprise, Merisis and Stride. Capital fuels expansion of its 90+ compact stores across Mumbai, Delhi-NCR and Bengaluru. App takeaway hit 54% of orders, subscriptions 50%, with revenue doubling YoY in FY26 and store EBITDA up 193.2%.
YourStory · 5/25/2026, 12:42:13 PM
Kliff Ventures-led round adds to $11 Mn total raised. abCoffee will deepen Mumbai, Delhi NCR and Bengaluru footprint, build subscriptions (40,000 cups/month) and supply chain. Claims doubled FY26 revenue, store-level EBITDA up 193%, 60% repeat customers in a market crowded by Blue Tokai and Sleepy Owl.
Inc42 · 5/25/2026, 10:46:53 AM
Kliff Ventures-led round with Hero Enterprise, Merisis and Stride backs abcoffee's cluster-led push from 97 to 200 outlets across Mumbai, NCR and Bengaluru. Mumbai already houses 52 stores; FY26 revenue has doubled and cashflow is up 193.2% YoY, signalling unit economics holding as the chain scales.
The Hindu BusinessLine · 5/25/2026, 9:26:54 AM
Mumbai-born coffee chain abcoffee raised Rs 61 Cr ($6.39M) pre-Series B led by Kliff Ventures, with Hero Enterprise, Merisis, Stride and Nexus participating. Capital fuels expansion of its 90+ outlet footprint across Mumbai, Delhi-NCR and Bengaluru, plus supply chain, tech and the Procaff product line.
Entrackr · 5/25/2026, 8:30:55 AM
Hero, Merisis, Stride join the round as abcoffee deepens its footprint in Mumbai, Delhi-NCR, and Bengaluru. Capital flows to expansion, supply chain, tech, and subscriptions, with store-level EBITDA up 193.2% YoY and a 60% repeat rate fueling the pour.
Entrackr · Newsletter · 5/25/2026, 8:30:52 AM
Omnichannel jewelry brand Giva is raising $28M in debt with BlackSoil, InCred, Stride and Nuvama joining the round. Capital will fund working capital and a push from 210 to 300 stores across India by FY26. Revenue grew 89% to Rs 518 Cr, though losses widened to Rs 72 Cr as the brand chases BlueStone and CaratLane.
Entrackr · 5/21/2026, 7:53:44 AM
Omnichannel jewelry startup Giva is closing a Rs 270 crore ($28M) debt round led by BlackSoil at 13.4% interest, with InCred, Stride and Nuvama joining. Capital fuels working capital and expansion from 210 stores across 25 cities to 300+ outlets by FY26. FY25 revenue hit Rs 518 Cr (+89%) against a Rs 72 Cr loss.
Entrackr · Newsletter · 5/21/2026, 7:53:34 AM