Pre-Series A · Consumer
DG Daiwa Ventures joins First Coffee’s pre-Series A
The Japanese investor backs the Indian coffee chain alongside existing investor BEENEXT.
DG Daiwa Ventures announced its investment in First Coffee’s pre-Series A on February 5, 2026, joining existing backer BEENEXT. The announcement did not disclose the amount.
The founders bring experience in scaling consumer businesses: Sohrab Sitaram helped build milkshake chain Keventers, while Shiv Dhawan brings retail operations experience. Their coffee business uses a compact grab-and-go format aimed at making specialty coffee a regular purchase.
Use of funds
Store network expansion
Marketing and product development
Funding history
Pre-Series A · This roundUndisclosed
Seed$1.2M