The founders behind First Coffee, building a new brand experience around coffee.
The specialty coffee brand secures its maiden funding to scale its presence and strengthen its market position in India.
Specialty coffee brand First Coffee has raised $1.3 million, approximately ₹10.8 crore, in a seed funding round led by DG Daiwa Ventures, marking the Japanese venture capital firm’s very first investment in the Indian specialty coffee sector.1 The newly secured capital will be deployed to drive the brand’s operational expansion, enhance its product offerings, and grow its retail footprint across targeted markets.
The fresh infusion of funds comes at a time when the Indian specialty coffee market is experiencing rapid growth, driven by changing consumer preferences and an increasing demand for premium café experiences. First Coffee aims to capture a significant share of this evolving market by delivering high-quality brews and consistent consumer touchpoints.
The capital injection from DG Daiwa Ventures will enable the company to accelerate its expansion plans, scaling up both its physical infrastructure and its digital presence.1 This strategic backing by an international investor highlights growing foreign interest in India’s booming consumer and food-and-beverage startup ecosystem.