The First Coffee, which has opened 4 stores in 2 months, plans to add 40 more within six months, aiming for 35-42 outlets in total and potentially scaling to 3000 outlets with further funding.
"In six months, the plan is to add at least 40 more. Total, who have you raised from? How much have you raised? We're a wonderful company called BeNext, which is a VC firm, and we raised that. At the moment, we just raised about 10 to 12 crores. And what's the plan? The idea is to do the number of outlets anywhere between 35 to 42, what ever kind of fits in correctly between that, but we have to do it at a very quick pace, maybe three outlets across India"