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First Coffee secures $1.3 million in a pre-Series A funding round led by DG Daiwa Ventures to expand its store network and product offerings.

PRIVATEAug 19, 2026about 5 hours ago

Amount Raised

$1.3 Million

Round Type

Series A

New DelhiFood and BeverageRetail

Investors

Angel InvestorsShashank BhagatSanjay KapoorBeenextDg Daiwa Ventures

Description

Indian specialty coffee chain First Coffee has secured $1.3 million in a pre-Series A funding round led by Japanese venture capital firm DG Daiwa Ventures. The funding will support the expansion of the company’s store network and enhance its corporate teams and marketing efforts. Founded in 2024, First Coffee operates a grab-and-go specialty coffee model with a growing footprint in India. This investment marks DG Daiwa Ventures’ entry into India’s specialty coffee sector.

Company Information

Company

First Coffee

Location

New Delhi, Delhi, India

About

First Coffee is a first of its kind coffee concept launched in India. The focus is on being a high grade, sustainably sourced single origin, single estate coffee chain. Our Vision: Becoming a part of everyone’s daily life, with the first coffee of the day First Coffee prides itself as the pioneer of a technology- driven new retail model to provide coffee and other products of high quality and competitive affordability. First Coffee prices itself over the quality of our product offerings. Our mission is to become central to everyone’s daily routines using coffee and beverages as our elixir.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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