Highlights

  • Coffee speciality startup Subko gained $10 million in a fresh funding round
  • Subko is known to source speciality coffee, fine cacao, and wheat directly from farmers

Latest news

India, Russia are embarking on new journey of innovation, co-production and co-creation: PM Modi

India, Russia are embarking on new journey of innovation, co-production and co-creation: PM Modi

India is conducting independent and sovereign policy under leadership of PM Modi,  achieving very good results: President Putin

India is conducting independent and sovereign policy under leadership of PM Modi, achieving very good results: President Putin

Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

Dalai Lama launches 'Forest Resources in India' focused on climate, conservation and community

Dalai Lama launches 'Forest Resources in India' focused on climate, conservation and community

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

Nikhil Kamath, Gauri Khan & John Abraham join others to invest $10 million in coffee startup Subko

Subko is planning to utilize these funds to expand its talent pool as well as contribute some amount to Research and development. The brand may soon come out with more 'ready to drink' coffee products 

Nikhil Kamath, Gauri Khan & John Abraham join others to invest $10 million in coffee startup Subko

High-end coffee speciality startup Subko Coffee Roasters who specialize in coffee and cocoa has gained $10 million in a fresh funding round from Zerodha’s Nikhil Kamath and others.

Alongside Nikhil Kamath, Blume Founders Fund, The Gauri Khan Family Trust and actor John Abraham among others also contributed to the funding round.

"Nikhil's participation is not just an investment but a testament to our brand's potential. His genuine desire to enable the growth of homegrown Indian brands and ability to intertwine complex value judgments in consumer markets aligns perfectly with our mission," said Rahul Reddy, Founder, CEO, and Creative Director of Subko

Where will the funds be absorbed?

Mumbai-based speciality coffee startup will utilize these funds to expand the talent pool, investing more in R&D and is also likely to launch more 'ready to drink' coffee products. The company will also divert some of its funds towards enhancing the farm-level infrastructure.

The company is known to source speciality coffee, fine cacao, and wheat directly from farmers, prioritizing hyper-traceability. This entails tracking and documenting every stage of the supply chain. The commitment extends to innovative practices such as utilizing blockchain for coffee traceability and pioneering direct tipping systems to support coffee farmers.

ADVERTISEMENT

Up Next

Nikhil Kamath, Gauri Khan & John Abraham join others to invest $10 million in coffee startup Subko

Nikhil Kamath, Gauri Khan & John Abraham join others to invest $10 million in coffee startup Subko

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Dream debut: LG Electronics India shares jump over 50 pc

Dream debut: LG Electronics India shares jump over 50 pc

One GB wireless data in India costs less than a cup of tea: PM Modi

One GB wireless data in India costs less than a cup of tea: PM Modi

Power struggle in Tata Trusts: Trustees clash over board appointments

Power struggle in Tata Trusts: Trustees clash over board appointments

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.