Mumbai-based beverage startup Kathy’s Drinks, which operates bubble tea model Bobakat, has raised Rs 6 crore in a pre-Collection A funding spherical because it appears to broaden its presence throughout India.

The startup didn’t disclose the names of the lead investor or collaborating buyers.

The recent quantity could be used for product innovation, staff growth, advertising and the rollout of latest shops in metro cities and rising city markets.

Based in 2024 by Rupali Ambegaonkar and Sannjeev Rao, Bobakat runs compact-format retailers in meals courts and premium excessive streets, focusing on city shoppers looking for bubble tea and different drinks.

It has served greater than 10 lakh shoppers up to now and is aiming to attain Rs 100 crore in web gross sales worth throughout the subsequent 36 months by way of a phased growth technique, the startup mentioned.

Bobakat plans to open 35 shops within the 2026-27 monetary yr, adopted by 50 shops yearly over the subsequent two years.

“The Indian client at this time is looking for extra than simply drinks; they’re on the lookout for experiences, group areas, and international codecs tailored for native preferences. With Bobakat, our imaginative and prescient has at all times been to construct a culturally related beverage model that mixes high quality, innovation, and accessibility. This fundraise provides us the momentum to strengthen our operations, innovate throughout our choices, and scale aggressively throughout key Indian markets,” mentioned Rupali Ambegaonkar, Founding father of Bobakat.

“We see immense headroom in India’s organised beverage ecosystem, particularly inside youth-driven consumption classes. Our compact and scalable retail mannequin permits us to enter high-potential areas effectively whereas sustaining sturdy unit economics. The subsequent part of development will concentrate on increasing our retailer community, constructing stronger client recall, and making a differentiated beverage expertise,” mentioned Sannjeev Rao, Co-Founding father of Bobakat.