Shardul Amarchand Mangaldas & Co represented Blue Tokai Coffee Roasters (i.e., Muhavra Enterprises Private Limited), in connection with its recent funding round valued at ~$25 million.
The round saw participation from the company’s existing investors A91, Verlinvest, Anicut Capital and 12 Flags.
The SAM transaction team was led by Nikita Goyal (Partner), Ayush Singh (Senior Associate) and Ananya Vajpeyi (Associate).
Blue Tokai Coffee Roasters is a prominent specialty coffee brand in India, known for its commitment to sourcing and roasting high-quality, 100% Arabica coffee beans from estates across India. Established in 2013 from a home roastery, the company has grown significantly and now operates three roasteries in India and one in Japan, with a presence of over 100 cafes nationwide.
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