India’s age-old chai story is turning a page with the young and not so young catching on to the bubble tea trend. 2026 is the year of Bubble tea or Boba The bubble tea market in India is projected to more than double from USD 450 million in 2024 to USD 930 million by 2033, with a CAGR of around 8.4%  according to market research and advisory firm Custom Market Insights, turning it into a full-fledged 'Bubble Tea Party'. And one that’s brewing across India – and ages. It ’s a

Bikaji Foods International Limited (Bikaji), one of India’s largest ethnic snacks brands, has announced that, Bikaji Foods Retail Limited (“BFRL”), wholly Owned Subsidiary of Bikaji Foods International Limited, will make a strategic investment of INR 131.01 Crores for an acquisition of 53.02% stake in Hazelnut Factory Food Products Private Limited (“The Hazelnut Factory” / “THF”), a Café cum Artisanal sweets brand based in Lucknow. This investment will be done in tranches and

Premium ice cream brand Hocco Foods Pvt. Ltd. operated by the Ahmedabad based Chona family has raised Rs 115 crore ($13 million) in a fresh funding round led by existing backer Sauce.vc, taking the company’s valuation to Rs 2,000 crore ($225 million). The raise underscores the pace at which Hocco has been rewriting the rules of India’s ice cream market. In less than 2 years, the company has gone from launch to becoming one of the most exciting players in the category, winning

The story is about how the brand is growing and building with resilience and excellence. In the next four years, Blue Tokai plans to open 800 + stores and generate INR 2,000 Cr revenue. It aims to achieve an EBITDA of around 10 percent, which is very much likely considering the market sentiments and growth potential within the industry. On the financial front, its operating revenue jumped 69% to INR 215.8 Cr during the year from INR 127.5 Cr in FY23. It ended FY25 with a reve