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Beanly, an Innovative Coffee Startup, Closes Seed Investment from Angel Investors

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Beanly, an Innovative Coffee Startup, Closes Seed Investment from Angel Investors

Introduction

Beanly, a pioneering consumer brand in the coffee industry, has secured seed investment from a group of prominent angel investors. Known for its innovative approach to coffee, Beanly aims to simplify the coffee experience for everyday consumers while ensuring freshness. With this funding, the company plans to expand its online and offline presence.

Pioneering Coffee Innovations

Beanly is revolutionizing the coffee industry with its cutting-edge products. Made from sustainably grown arabica beans in Karnataka, India, and freshly roasted in New Delhi, Beanly offers a range of category-first products backed by scientific research. The brand has introduced nitrogen-infused coffee to maintain freshness and pour-over coffee, among other innovations.

Quality and Convenience

Beanly’s vision is to make quality coffee easily accessible and enjoyable for everyone. The company takes pride in its manufacturing expertise and aims to ensure that its coffee tastes fresh even months after being ground and packed. The products can be purchased through Beanly’s website and various online marketplaces.

Support from Prominent Investors

The seed investment round attracted a group of seasoned entrepreneurs and serial investors who recognized the potential of Beanly. Notable investors include media entrepreneur Dr. Annurag Batra, Chairman at BW Businessworld and exchange4Media Group, as well as Deep Bajaj and Mohit Bajaj, founders of Sirona Hygiene. Rohit Jain, an insurance veteran and startup investor, along with Vikash Chowdhury and Abhishek Ravi, also participated in the round.

Building a Strong Presence

With the new funding, Beanly plans to expand its presence in both online and offline channels. The company aims to become one of the top three coffee brands in the country within the next 24 to 36 months. This investment will fuel the company’s manufacturing, operations, and retail expansion efforts. Beanly is also expected to raise additional capital in the first quarter of 2023 to support its growth.

Conclusion

Beanly’s seed investment from a group of angel investors highlights the brand’s commitment to revolutionizing the coffee industry. With its innovative products and a mission to make quality coffee a household staple, Beanly is poised for success in the rapidly growing coffee market. As the company continues to expand its online and offline presence, coffee enthusiasts can expect more exciting developments from this trailblazing startup.

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Coffee Industry and News

Revolutionizing the Coffee Industry: Schaerer Unveils Cutting-Edge Concepts at Internorga

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Revolutionizing the Coffee Industry: Schaerer Unveils Cutting-Edge Concepts at Internorga

Embracing Quality and Technology

In the ever-evolving world of coffee, Hansjürg Marti, Managing Director of Schaerer Germany, emphasizes the importance of investing in coffee concepts that cater to the increasing cost pressures in the catering industry while meeting the rising demands of quality-conscious guests.

Innovative Solutions on Display

At the Internorga exhibition in Hamburg, Schaerer is showcasing cutting-edge coffee concepts that focus on individualization, digitalization, and efficiency. From loyalty apps to automated cleaning processes, Schaerer is paving the way for a new era in coffee business.

Redefining the Coffee Experience

By integrating digital solutions and innovative self-service concepts, Schaerer is leading the charge in revolutionizing how customers interact with coffee machines. The company’s loyalty app, developed in collaboration with Geneva-based family business mia&noa, is set to transform the way operators enhance the coffee experience.

A Legacy of Swiss Excellence

With a history dating back to 1892, Schaerer AG, based in Zuchwil, Switzerland, is a global leader in fully automated professional coffee machines. The company’s commitment to Swiss values and coffee expertise is evident in its product offerings and customer-centric approach.

Driving Customer Satisfaction

With a focus on customization, quality, and customer satisfaction, Schaerer is dedicated to providing customers worldwide with the tools and knowledge to deliver unparalleled coffee enjoyment to their guests.

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Coffee Industry and News

Groupe SEB Reports Strong Financial Performance in 2023

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Groupe SEB Reports Strong Financial Performance in 2023

Positive Sales Growth Despite Currency Challenges

Groupe SEB announced a 5.3% increase in sales for 2023, reaching €8,006m. This growth was offset by a negative currency effect, largely due to the depreciation of several currencies against the Euro, including the Chinese yuan. The company’s revenue was also impacted by the integration of newly acquired companies.

Business Segment Performance

The Consumer business experienced a 3.2% growth, with improvements in all regions and a resilient Small Domestic Equipment market. The Professional business saw a remarkable 26.5% growth, driven by international expansion in Professional Coffee.

Financial Highlights

The Operating Result from Activity (ORFA) for 2023 was €726m, a 17.0% increase from the previous year. Operating profit rose by 22.0% to €667m. The net profit attributable to owners of the parent reached €386m, a 22.1% increase from 2022.

Improved Cash Flow and Debt Reduction

Groupe SEB generated a free cash flow of €805m in 2023, a significant improvement from the previous year. The company was able to reduce its net debt by €204m, leading to a stronger financial position.

Dividend and Future Outlook

The Board of Directors proposed a dividend per share of €2.62 for 2023, reflecting a 6.9% increase from the previous year. Looking ahead, Groupe SEB aims to maintain resilience in the Small Domestic Equipment market and drive growth in the Professional segment, with an operating margin target of close to 10%.

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Coffee Industry and News

American Coffee Brand L’OR Espresso Partners with Ferrari in Global Collaboration

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American Coffee Brand L’OR Espresso Partners with Ferrari in Global Collaboration

New Chapter in Racing

JDE Peet’s has announced that L’OR Espresso has joined forces with Ferrari in a new global partnership. This collaboration will bring L’OR Espresso into the world of the FIA World Endurance Championship (WEC), including the renowned 24 Hours of Le Mans.

Shared Values and Branding

The partnership is based on shared values of passion and craftsmanship, with L’OR Espresso branding prominently featured on the Ferrari 499P Hypercar and driver uniforms. The collaboration aims to celebrate the sensory experience and intensity that both racing and coffee bring to life.

Exclusive Coffee Experience

At WEC events worldwide, L’OR Espresso will be served using their Barista brewing systems in the Ferrari Hypercar team hospitality area, offering a unique coffee experience to racing team members, partners, and guests.

Limited Edition Coffee Range

The partnership will also lead to the launch of a special limited edition range of coffee and coffee brewers inspired by the shared passion and craftsmanship of both brands, bringing a taste of the racing world to coffee enthusiasts.

Exciting Future with Ferrari

L’OR Espresso will extend its partnership to the Ferrari Challenge Trofeo Pirelli, a prestigious championship uniting dream cars and passionate drivers on the world’s top tracks for over three decades.

Enthusiastic Responses

Fiona Hughes, Chief Marketing Officer at JDE Peet’s, expressed excitement about the partnership, highlighting the connection between L’OR Espresso and Ferrari in passion, intensity, and craftsmanship. Lorenzo Giorgetti, Chief Racing Revenue Officer at Ferrari, also shared enthusiasm for the collaboration, emphasizing shared values and a promising journey ahead.

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