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Home > Startups > Funding > Chelvies Coffee raises $1 million in pre-Series A funding led by Endurance Capital

Chelvies Coffee raises $1 million in pre-Series A funding led by Endurance Capital

Founded in 2023 by Dhruv Singh, Chelvies Coffee is a Noida-based speciality coffee and all-day dining chain that offers an extensive menu of over 70 specialty coffee brews.

Abhinav Kumar Singh
Last updated: January 22, 2025 12:22 AM
By Abhinav Kumar Singh
Chelvies Coffee raises $1 million in pre-Series A funding led by Endurance Capital
Chelvies Coffee raises $1 million in pre-Series A funding led by Endurance Capital
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Chelvies Coffee, a coffee and dining experience brand, has raised $1 million in a pre-Series A funding round led by Endurance Capital, with an additional $500,000 in debt financing currently underway.

The funds raised will be used to establish 30+ high-street locations across major Indian metros by 2026, enhance existing supply chain infrastructure, develop proprietary food production systems, and strengthen its operational teams.

Dhruv Singh, Founder and CEO of Chelvies Coffee, said, “We are redefining coffee shops from being merely casual spaces to becoming experience-driven destinations where customers feel at home while enjoying exceptional coffee and food. Since our launch, we have rigorously tested and perfected our concept through our presence in Delhi NCR and Ahmedabad, refining every aspect of the customer experience. This funding comes right at a time when we are all set to scale aggressively and bring our unique offering to key markets across India.”

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Abhishek Mittal, Founding Partner at Endurance Capital, said, “Dhruv’s customer obsession is what creates genuine customer love, which is rare to find in the Indian F&B landscape. India has long deserved a brand that delivers both exceptional coffee and outstanding food under one roof. What truly sets Chelvies Coffee apart is not just their unique offering, but their impressive sales-to-investment ratio and healthy margins, demonstrating both customer validation and potential for superior returns as they scale.”

Founded in 2023 by Dhruv Singh, Chelvies Coffee is a Noida-based speciality coffee and all-day dining chain. The brand offers an extensive menu of over 70 specialty coffee brews, complementing this with a curated dining menu that includes burgers, artisanal sandwiches, and pasta, all produced through in-house facilities that ensure consistent quality.

The company currently operates six high-street locations across Delhi NCR and Ahmedabad, achieving a monthly run rate of ₹1.30 crore with demonstrated profitability at each store level.

TAGGED:Chelvies CoffeeEndurance Capital

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