Kaapi Machines Secures Rs 50 Crore Investment for Expansion
Coffee equipment provider Kaapi Machines has secured Rs 50 crore, equivalent to approximately $5.25 million, in strategic equity funding from Sedna Horeca. Led by managing director and CEO Abhinav Mathur, the Indian firm plans to utilize the capital to broaden its product portfolio, enhance manufacturing, and upgrade technology. The transaction also includes a strategic partnership aimed at strengthening India's food service ecosystem.
Key points
- Kaapi Machines, an Indian coffee equipment and services provider led by managing director and CEO Abhinav Mathur, raised Rs 50 crore, or about $5.25 million, in strategic equity funding.
- The investment was provided by Sedna Horeca, a private equity-backed business-to-business hospitality solutions company.
- Founded in 2007, Kaapi Machines supplies café chains, hotels, and corporate clients, and it expects to surpass Rs 150 crore in revenue during the current financial year.
- The company will use the capital to expand its product portfolio, strengthen manufacturing, upgrade technology, and improve warehousing and after-sales infrastructure.
- As part of the deal, Kaapi Machines established a strategic partnership with Sedna Horeca to bolster its footprint in India's broader food service ecosystem.
Indian coffee equipment and services provider Kaapi Machines has secured Rs 50 crore, roughly valued at $5.25 million, through a strategic equity investment from Sedna Horeca. The funding is intended to fuel the company's growth across several operational fronts, including manufacturing enhancements and technological upgrades.
Led by managing director and CEO Abhinav Mathur, the firm caters to a wide range of clients across India, including café chains, quick service restaurants, specialty roasters, and hotels. Alongside the capital injection, Kaapi Machines has entered into a strategic partnership with Sedna Horeca to solidify its position within the domestic food service market. The company anticipates crossing Rs 150 crore in revenue for the current financial year as it scales its infrastructure and enters adjacent product categories.
Sources
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