Subko, a Mumbai-based startup specializing in specialty coffee, craft bakehouse products, bean-to-bar chocolate, and design, has seen its valuation surge to $34 million following a recent round of funding. The capital injection will enable Subko to expand its talent pool, enhance technology-driven customer experiences, and invest in product design R&D. Additionally, the company aims to improve its supply chain infrastructure, particularly for specialty green coffee and fine cacao beans.
Subko's founder and CEO, Rahul Reddy, envisions the brand as a pioneer in the design-driven crafted food and beverage movement, with the potential to become a leading experiential brand internationally with a focus on coffee. The company currently operates 12 offline touchpoints, including four flagship stores, and plans to introduce 'ready-to-drink' coffee products while expanding its presence in tier-1 cities in India and overseas. Their direct trade relationships with coffee estates and smallholder farmers underscore their commitment to quality and sustainability. Subko's growth reflects a broader trend in the appreciation of specialty coffee and artisanal food products.
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