Photo from Boba Bhai LinkedIn page.
The round was led by 8i Ventures.
Indian boba and Korean food brand Boba Bhai raised $3.47m (₹30 crore) in a Series A funding round led by 8i Ventures, a Mumbai & Bangalore based early stage fund that backs founders creating fintech and consumer category leaders in India.
The brand plans to use the fresh funds to expand its presence across India. It also plans to expand its leadership team.
The chain previously raised $1.44m (₹12.5 crore) in seed funding, led by Titan Capital and Global Growth Capital UK
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