Chelvies Coffee Secures $1 Million Investment from Endurance Capital to Expand Premium Coffee-Dining across India

With an additional $500,000 in debt financing pending, Chelvies Coffee, India's first premium coffee and dining experience brand, has successfully raised $1 million in finance led by Endurance Capital. The investment is expected to support the company's expansion goals, which include strengthening its operational teams, developing unique food production processes, improving the supply chain infrastructure, and opening more than thirty high-street outlets in key Indian metro cities by 2026.

Established in 2023, the company now runs six high-street sites in Ahmedabad and Delhi NCR, generating INR 1.30 crore in monthly revenue with proven profitability at the shop level. Dhruv Singh, a fourth-generation restaurateur from the family that owns the well-known "Kake Di Hatti" chain of eateries, launched Chelvies Coffee.

With a European-inspired idea that combines fine specialty coffee with an upscale dining experience, the firm hopes to completely transform India's coffee culture. Dhruv, who was raised in one of the most prestigious food business families in India, provides a wealth of experience in the restaurant industry. Before this, he worked with his father, Gurdeep Singh, to grow Kake Di Hatti from five to more than 100 outlets throughout India. For more than 80 years, its iconic brand, Kake Di Hatti, has been a mainstay of North Indian cuisine, renowned for its successful national expansion and new culinary concepts.

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.”

 By 2028, the café sector in India is expected to have grown to $2.6-3.2 billion at a compound annual growth rate (CAGR) of 15-20%. The expansion of the coffee café market in particular is being propelled by changing customer tastes and a growing desire for high-end coffee experiences. In India, the typical coffee shop is between 600 and 800 square feet in size, has a small menu for both coffee and food, and frequently uses pre-packaged, cold-stored, or outsourced goods instead of full-scale kitchens. By running significantly larger locations, typically around 2000 square feet, Chelvies Coffee flips this strategy on its head and allows the business to blend a lively café experience with a full-fledged dining concept.
  
"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,” said Abhishek Mittal, Founding Partner at Endurance Capital.