Indian coffee chain Blue Tokai targets three-fold revenue before deciding on IPO

By Yahoo! Finance | Nov 19, 2024 at 03:08 AM EST

Blue Tokai, an Indian coffee chain, plans to increase revenue threefold by 2027. With backing from Verlinvest, the company aims to open 350 cafes in cities like Hyderabad. Despite market fluctuations, an IPO is not a priority for the well-capitalized firm.

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