Subko has secured $10 million in funding. This funding places Subko at a post-money valuation of approximately $34 million.
- Company Background: Founded in 2020 by Rahul Reddy, Subko is a company that specializes in coffee and craft baked goods.
- Lead Investor: The funding round was led by entrepreneur and investor Nikhil Kamath.
- Other Investors: Other investors in this round include Blume Founders Fund, The Gauri Khan Family Trust, Priya and John Abraham, Sangita Jindal, Srinivas and Pallavi Dempo, and The Mehta International Mauritius Limited.
- Utilization of Funds: Subko will use this funding to expand its talent pool and enhance tech-enabled customer experiences. The company also plans to strengthen R&D in product design, upgrade farm-level infrastructure, and introduce new ready-to-drink coffee products
- Expansion Plans: Subko is evaluating and executing a rollout of flagship experience cafés in different formats across select cities in India and globally.
