TT&A advised A91 Emerging Fund II LLP (“A91”) in connection with its investment into Muhavra Enterprises Private Limited (“Company”), a speciality coffee brand start up which principally operates under popular brand name “Blue Tokai”.
A91 acted as lead investor in the $30 Mn series B funding round of the company. The funding round also saw participation from existing investors in the company including Grand Anicut Fund 8i Ventures and a few daily offices. The deal will further Blue Tokai’s journey of making Indian Speciality coffee accessible to coffee lovers globally. The funding will enable Blue Tokai to offer far more diverse product offering and thereby expand Indian footprint in the global coffee market.
The deal team comprised of:
- Gautam Saha – Partner
- Sachin Mehta – Partner
- Harshit Chandra – Managing Associate
- Aditi Sachdev – Senior Associate
- Utsav Agarwal – Associate
- Dev Jain – Associate