Blue Tokai to triple cafes to 800 by FY30, sharpening premium coffee fight with Starbucks
Blue Tokai plans 120 new cafes this year en route to 800 stores by FY30, targeting India's premium cafe market projected to hit $1.15B by 2034. It's in talks to raise $100M from PE, eyes profitability by March 2028 and an IPO in 5-7 years, plus a first Dubai outlet.
Blue Tokai plans to triple stores to 800 by FY30, intensifying rivalry with Starbucks in India's fast-growing premium cafe market. It's in talks to raise $100M from PE firms and eyes an IPO, opening its first Dubai outlet.