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abCoffee: Specialty coffee chain abCoffee raises $3.4 million funding led by Nexus Venture Partners

Specialty coffee chain AbCoffee said it has raised $3.4 million (about Rs 28.1 crore) in a series A funding round led by venture capital fund Nexus Venture Partners. Existing investor Tanglin Venture Partners also participated in the round.The Mumbai-based company plans to deploy the new capital to accelerate its supply chain and technology stack, aiming to increase the accessibility and speed of its affordable specialty coffee through its retail “grab-and-go” outlets.Elevate Your Tech Prowess with High-Value Skill…