Highlights
Chelvies Coffee Secures $1 Million in Pre-Series A Funding
Chelvies Coffee, a brand focused on enhanced coffee and dining experiences, has successfully obtained $1 million in a pre-Series A funding round led by Endurance Capital, along with an additional $500,000 in debt financing currently being processed.
The funds will be allocated towards:
- Establishing over 30 high-street locations in major Indian cities by 2026
- Enhancing the existing supply chain infrastructure
- Developing proprietary food production systems
- Strengthening operational teams
Founded in 2023 by Dhruv Singh, Chelvies Coffee is a specialty coffee restaurant brand that merges top-quality coffee selections with fresh, high-grade dining alternatives. Currently operating six locations in the Delhi NCR and Ahmedabad regions, the company aims to elevate the Indian coffee shop landscape through its dedication to quality, innovation, and outstanding customer service.
Menu Offerings
The Delhi-based brand provides an extensive menu featuring over 70 specialty coffee brews. This is complemented by a carefully curated food menu that includes:
- Burgers
- Artisanal sandwiches
- Pasta
All food items are crafted in-house, ensuring high quality and freshness. The company’s unique supply chain system, bolstered by centralized dispatch units and base kitchens, facilitates efficient delivery of its premium offerings at scale.
Market Insights
Recent market research indicates that India’s cafe industry is set to grow at a compound annual growth rate (CAGR) of 15-20%, reaching an estimated market size of $2.6-3.2 billion by 2028.
Chelvies Coffee reports achieving a monthly run rate of INR 1.30 crore, securing profitability at each store level. The brand aspires to reshape India’s coffee culture with a European-inspired concept that fuses premium specialty coffee with an enhanced dining experience.
