Let me tell you about a cool startup story that's brewing up in India - Boba Bhai!!
Bubble tea is a Taiwanese recipe made by blending tea with milk, fruit and fruit juices, then adding tasty tapioca pearls and shaking vigorously. All the rage over here in the UK, bubble tea has actually been a hot (or cold!) favourite in countries like China since the 1980s.Remember that feeling of pure joy when you sip on a perfectly chilled bubble tea? Well, that's exactly what Dhruv Kohli craved when he returned to India from Australia in 2022. But to his surprise, this delightful drink was hard to find.
This is where the story of Boba Bhai begins! Dhruv, a serial entrepreneur, decided to bridge this gap and introduce India to the world of boba. Fast forward to October 2023, and Boba Bhai was born!
But what makes them special? Boba Bhai doesn't just offer classic flavors, they have a whopping 45 unique options, some with an Indian twist! They also serve delicious K-Pop burgers, creating a fun and trendy vibe for their customers. It's a one-stop shop for all things K-wave and bobalicious!
Now, the numbers are impressive too! In just six months, Boba Bhai has opened 27 outlets across 7 major cities and boasts a monthly revenue run rate of ₹2 Crore (that's ₹24 Crore annually)!
They've already processed over 50,000 orders and their average order value is a cool ₹400. With their recent seed funding of ₹12.5 Crore, they're aiming for even bigger things – 100 stores and a whopping 75-80% market share in India by December 2025!
So, next time you're craving a boba fix, look out for Boba Bhai! They're sure to take your taste buds on a delightful adventure. Who knows, maybe you'll even be part of their incredible growth story! Let me know in the comments what your favorite bubble tea flavor is!
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