Company Intelligence Profile
Toffee Coffee Roasters Private Limited
Mumbai specialty-coffee company founded in early 2019 in Bandra by Rishabh Nigam and Nandini Khare (Shrivastava); the private limited entity was incorporated 02-Dec-2021.
CIN: U15400MH2021PTC372703ActiveRoC-Mumbai / RoC-Maharashtra
Last updated 11 August 2026
AI OverviewGenerated from public records
Toffee Coffee Roasters Private Limited is a Mumbai-based specialty coffee company, sourcing and roasting 100% Arabica coffee from both Indian and international estates. The company reported a revenue of ₹6.69 Cr in FY2024, with significant year-over-year growth of 174%. It secured ₹5 crore in pre-Series A funding, primarily led by Inflection Point Ventures.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Toffee Coffee Roasters Private Limited |
|---|---|
| CIN | U15400MH2021PTC372703 |
| PAN | AAJCT0432D |
| Status | Active |
| Listing | Not listed — private limited company, unlisted equity |
| Incorporated | 02 December 2021 |
| ROC | RoC-Mumbai / RoC-Maharashtra |
| Sector (NIC) | Conflicting classification across sources: Tofler lists "Manufacturing — Food Products and Beverages" |
| Registered address | CWTS 0201, 67B, Gopal Mansion, Gurunanak Road, Bandra West, Mumbai, Maharashtra – 400050 |
| Authorized capital | ₹2.5 Lakh (₹250,000) |
| Paid-up capital | ₹1.54 Lakh (₹154,140) per TheCompanyCheck |
Business Overview
- Mumbai specialty-coffee company founded in early 2019 in Bandra by Rishabh Nigam and Nandini Khare (Shrivastava); the private limited entity was incorporated 02-Dec-2021
- Sources single-estate 100% Arabica coffee from Indian estates (Baba Budangiri, Baarbara, Thippanahalli, Mullayangiri) plus international origins (Ethiopia, Tanzania, Brazil) and roasts/sells within ~48 hours of roasting
- Product range (25+ SKUs): single-origin coffees, specialty blends, instant coffee, cold brew and pour-over, South Indian traditional filter coffee, barrel-aged (whiskey/wine cask) coffees, fermented coffees, microlots, plus brewing equipment (French press, Aeropress, Moka pot, grinders — brands like Timemore/Bialetti) and IoT-enabled coffee vending machines for offices/HoReCa
- Featured on Shark Tank India; claims 200,000+ customers served and 5+ tonnes/month production with plans to scale to 50 tonnes/month
- Sold via own website (toffeecoffeeroasters.com), Amazon, Blinkit, BigBasket, Flipkart and physical outlets in Mumbai
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Rishabh Nigam | 09422182 | - | 02-Dec-2021 |
Financials
FY2024
- Revenue ₹6.69 Cr, +174% YoY. FY2025 (year ended Mar-2025): Tofler shows revenue band ₹1–10 Cr with total revenue change of -15.86% YoY (directionally consistent with a step-down from the ₹6.69 Cr FY24 figure, implying roughly ₹5.5–5.7 Cr); net worth change +386.33%; borrowings change -40.44%
- total assets change +49.0%. Exact EBITDA, PAT and absolute net-worth/borrowings figures are locked behind premium access on both Tofler and TheCompanyCheck — not obtained. No indication of consolidated financials (no subsidiaries found); figures are standalone
Funding
- Pre-Series A round: ₹5 crore (~US$600K) led by IPV (Inflection Point Ventures), with participation from 66 Bridge Partners (fund), angel investor Abhijit Vemuganti, and Invesst — reported dated 11-Dec-2025
- Company also appeared on Shark Tank India with a deal involving Ritesh Agarwal (OYO founder) — per an aggregator profile the deal implied Ritesh Agarwal holding a ~2.33% equity stake
- Aggregator search summaries mention "~$1.23M raised over 9 rounds from 60 investors" — this figure comes from a search-engine synthesis, not a named primary source, so treat as unconfirmed/partial rather than a hard fact
Charges & Loans
- Two open (unsatisfied) charges totaling ₹1.5 Cr, per TheCompanyCheck: (1) ₹1 Cr, registered 09-Feb-2026, Charge ID 101240998
- (2) ₹50 Lakh, registered 16-Aug-2025, Charge ID 101185103
- Both charge-holders are recorded generically as "Others" (lender name not disclosed in free view)
- No satisfied charges on record (₹0)
Competitors
Blue Tokai Coffee Roasters
large
Third Wave Coffee
large
mid-scale D2C instant/cold-brew coffee brand
Rage Coffee
mid-scale
Beanly
small/emerging D2C coffee brand
Frequently Asked Questions
What does Toffee Coffee Roasters Private Limited do?
Mumbai specialty-coffee company founded in early 2019 in Bandra by Rishabh Nigam and Nandini Khare (Shrivastava); the private limited entity was incorporated 02-Dec-2021.
What is the CIN of Toffee Coffee Roasters Private Limited?
The Corporate Identification Number (CIN) of Toffee Coffee Roasters Private Limited is U15400MH2021PTC372703.
Where is Toffee Coffee Roasters Private Limited registered?
Toffee Coffee Roasters Private Limited is registered with RoC-Mumbai / RoC-Maharashtra (both sources agree, phrasing differs). Registered address: CWTS 0201, 67B, Gopal Mansion, Gurunanak Road, Bandra West, Mumbai, Maharashtra – 400050 (confirmed, both sources agree)
When was Toffee Coffee Roasters Private Limited incorporated?
Toffee Coffee Roasters Private Limited was incorporated on 02 December 2021 (confirmed — Tofler + TheCompanyCheck agree).
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