India’s Chelvies Coffee raises $1m to support outlet growth

Chelvies is the latest Indian specialty coffee start-up to attract investment and will use its Endurance Capital-led funding round to scale from six stores to 30 over the next 12 months

Indian specialty coffee and all-day dining chain Chelvies Coffee has raised $1m in a pre-Series A funding round led by Endurance Capital, with an additional $500,000 in debt financing currently under process.