About First Coffee
First Coffee is a company based in Delhi (India) founded in 2023 by Chandini D Purnesha, Shiv Dhawan, and Sohrab Sitaram.. First Coffee has raised $1.2 million across 1 funding round from investors including AngelList India, Beenext and Ashish Gupta. The company has 1 employees as of March 21, 2024.
- Headquarter Delhi, India
- Employees 1 as on 21 Mar, 2024
- Founders Chandini D Purnesha, Shiv Dhawan, Sohrab Sitaram
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Savage Coffee Private Limited
- Date of Incorporation 04 Jan, 2023
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$12.62 (USD)0as on Mar 31, 2023
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Net Profit
$-3.75 K (USD)0as on Mar 31, 2023
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EBITDA
$-3.76 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.2 M (USD)
in 1 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Sep 26, 2024
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Investors
AngelList India
& 6 more
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Employee Count
1
as on Mar 21, 2024
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Funding Insights of First Coffee
First Coffee has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.2M
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First Round
First Round
(26 Sep 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Seed - First Coffee | Valuation | Beenext |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in First Coffee
First Coffee has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include AngelList India, Beenext and Ashish Gupta. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital fund
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Founded Year | Domain | Location | |
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Fundraising platform for startups and investors is operated.
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Founded Year | Domain | Location | |
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AG
Ashish Gupta |
Angel investor, tech veteran, ex-Helion Ventures, active in Indian startup ecosystem
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by First Coffee
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - First Coffee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
First Coffee Comparisons
Competitors of First Coffee
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on First Coffee
Frequently Asked Questions about First Coffee
When was First Coffee founded?
First Coffee was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is First Coffee located?
First Coffee is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of First Coffee?
Sohrab Sitaram is the current CEO of First Coffee. They have also founded this company.
Is First Coffee a funded company?
First Coffee is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Seed of $1.2M, raised on Sep 26, 2024.
How many employees does First Coffee have?
As of Mar 21, 2024, the latest employee count at First Coffee is 1.
What is the annual revenue of First Coffee?
Annual revenue of First Coffee is $12.62 as on Mar 31, 2023.
What does First Coffee do?
First Coffee was founded in 2023 and is based in Delhi, India. Operations focus on the food service sector, where a selection of specialty coffees such as Hard Hitter, Dark Dawn, Blitzkrieg Brew, Big Bourbon, The Crusader, and Rebel Rouge is provided. Espresso-based drinks including Espresso, Latte, Cappuccino, and Cortado are also served, alongside sandwiches and light bites for customers.
Who are First Coffee's investors?
First Coffee has 7 investors. Key investors include AngelList India, Beenext, Ashish Gupta, Ritesh Malik, and Sahil Malik.