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.
Last updated 11 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| 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 (both sources agree, phrasing differs) |
| 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
Confirmed- 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
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Rishabh Nigam | 09422182 | - | 02-Dec-2021 |
Financials
Partial / conflicting- 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
Partial / conflicting- 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
Confirmed- 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
ConfirmedFrequently Asked Questions
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