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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, 2026•about 5 hours ago
Amount Raised
$1.3 Million
Round Type
Series A
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.
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1 contactFunding Insights
Based on industry dataTypical 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