Bangalore, Karnataka – 11 December 2025: Toffee Coffee Roasters, one of India’s fastest‑growing premium coffee brands, has raised ₹5 crore in its Pre‑Series A round, led by Inflection Point Ventures (IPV). The round also saw participation from 66 bridge partners, Abhijit Vemuganti, and Invesst.
The company will deploy nearly 60% of the capital as working capital to support its rapidly expanding operations. An additional 10–15% will be invested in strengthening backend roastery infrastructure, 10% in packaging upgrades, and the remaining 10–15% in new product development as the brand expands its portfolio.
Toffee Coffee Roasters has been featured on Shark Tank India and is backed by Ritesh Agarwal, Founder & CEO of OYO Rooms. The brand has emerged among the Top 5 coffee websites in India by online traction and currently holds 1–2% market share in the overall coffee category.
Mitesh Shah, Co‑founder, Inflection Point Ventures, said: “Despite India being one of the world’s leading coffee producers, most consumers still rely on imported brands or café‑only specialty brews for quality coffee. Meanwhile, the at‑home market is dominated by instant coffee. Toffee Coffee Roasters bridges this gap by offering high‑quality, artisanal coffee that brings global‑style experiences to Indian homes.”
IPV has invested ₹800+ crore across 250+ startups, making it one of India’s most active early‑stage investment platforms.
Brand Strength: Quality, Expertise & Supply Chain Control
Toffee Coffee Roasters sources, roasts, and blends some of the finest coffees from India and around the world. Its lean supply chain eliminates middlemen, ensuring superior quality at accessible prices. All blends are crafted in‑house by a team that includes India’s top Q Graders and experienced master blenders.
The company operates with a high‑calibre talent pool from IITs and leading consumer brands such as Zomato and Starbucks, enabling strong product innovation and operational excellence.
Founders & Growth Story
Founded by Rishabh Nigam and Nandini Shrivastava, Toffee Coffee Roasters has grown from a Bandra café (2019) into a nationwide premium coffee brand.
- Rishabh Nigam brings 6+ years of growth experience from ZEE5, Pocket FM, and upGrad, including scaling Pocket FM’s US revenues from zero to USD 15 million in one year.
- Nandini Shrivastava, formerly with JSW, leads product and operations, driving alliances, process optimisation, and innovation.
Together, they have served 150,000+ coffee drinkers with a diverse range of specialty coffees.
Scale & Future Plans
Toffee Coffee Roasters currently produces 5+ tonnes of coffee per month, with 40,000+ units consumed monthly, translating to 3–4 lakh cups brewed at home across India.
The company now aims to scale production to 50 tonnes per month, enabling ₹8–10 crore in monthly revenue and reaching 8–10 lakh customers who choose Toffee Coffee Roasters as their daily brew.
Nandini Shrivastava, Co‑founder, said: “India’s coffee landscape is evolving rapidly, but the gap between mass and premium offerings remains wide. As consumption grows across formats – roasted and ground, cold brews, capsules, pour‑overs; our goal is to build a mass‑premium brand that delivers high‑quality coffee at accessible prices. We want to lead India’s coffee revolution across both metros and emerging India.”
The global coffee market is valued at USD 150–200 billion, while India’s coffee market stands at USD 2 billion, growing at 20%+ CAGR.
With rising demand for premium at‑home coffee and a widening gap between mass and specialty offerings, Toffee Coffee Roasters is well‑positioned to capture 5–8% of the coffee category and scale to ₹60–80 crore ARR.
About Toffee Coffee Roasters
Founded in 2019, Toffee Coffee Roasters began as a specialty café in Bandra, Mumbai, before pivoting during the 2020 lockdown to deliver freshly roasted coffee across India. Today, the brand serves 2 lakh+ customers across marketplaces, its website, and quick‑commerce platforms, operating from a 10,000 sq. ft. roastery where it sources, processes, roasts, and ships coffee fresh to consumers.
About Inflection Point Ventures (IPV)
Inflection Point Ventures is an angel investing platform with 24,000+ CXOs, HNIs, and professionals. IPV supports new‑age entrepreneurs with capital and strategic guidance. Its $50M CAT‑II VC fund, Physis Capital, invests in Pre‑Series A to Series B startups and has already deployed capital across multiple high‑growth companies.
