Bengaluru-based quick-service restaurant Boba Bhai has secured 30 crore rupees (approximately US$3.4 million) in its series A funding round.

This round was led by 8i Ventures and included contributions from existing investors like Titan Capital Winners Fund, Global Growth Capital, and DEVC.

The funds will be used to expand into new markets, such as Pune and Ahmedabad.

They will also improve operations, introduce new menu items, and create sub-brands.

With this funding, the total capital raised by the company stands at 42.5 crore rupees (US$4.9 million) to date.