Global direct-to-consumer tea brand Vahdam Teas has brought on board Nikhil Sareen as its chief business officer for its online business, said a statement issued by the firm. A major player in this vertical is Gurugram-headquartered Chaayos, which recently raised $2 Mn funding from existing investor Tiger Global Management. Bala Sarda, Founder and CEO, Vahdam Teas, said. Last year, the early-stage investment firm pumped $2 million into Mumbai-based health-tech startup Try Pro free Solutions. Unlike your everyday cuppa. “VAHDAM Teas is massively disrupting the supply chain." This tea is truly transcendent, my favorite beverage, has waited for me to appreciate this tea. According to sources, the Delhi-headquartered startup will be utilising the newly-raised financing to expand its product portfolio and introduce new categories of flavoured tea and wellness tea. Your donation has the power to help them move closer to their goal amount. No other tea but Vahdam by Bala Sarda will grace my pantry. Company Type For Profit. The interesting fact is that Vahdam teas do not travel in containers for months before being packaged and sold. In a statement, the company said the funds from this round will be used for expanding the company’s presence in the USA, Europe, launch new products and enter new markets like South Asia, India and UAE. By eliminating all middlemen, we are not only able to make available garden fresh high quality teas but are also able to … Save. And, we plan to now further penetrate our key markets with customer acquisition and marketing. December 13, 2019. It had also backed Delhi-based Indulge Beverages, maker of premium tea and coffee capsules under brand Bonhomia in 2015. In the premium tea category, Vahdam Teas competes with Ratan Tata-backed Teabox and West Bengal-based Udyan Tea. Ltd, a Delhi-based tea e-tailer, has raised Rs 18 crore (about $2.5 million) in its Series B round of funding from existing investors Fireside Ventures and Mumbai Angels. Online First Tea Brand Vahdam Teas Raises $650K Funding From Mumbai Angels Network, Others Vahdam Teas. Since Vahdam Teas was founded in 2015, it has participated in 4 rounds of funding. To permanently change your account setting, go to My Account Suggest edits … Saama Capital-backed Chai Point is another well-known name in this space. Founder & CEO. Vahdam Teas Pvt. Vahdam Teas raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. Its portfolio includes Yoga Bar, Samosa Singh, Bombay Shaving Co., Mamaearth and Vahdam Teas. Vahdam Teas. India's leading consumer investment fund, Fireside Ventures, is taking the lead role for this round taking the total funding raised by the brand to USD $5 million in the last two years. Vahdam Teas, purveyors of the most garden fresh tea on the market, has successfully raised US$2.5 million in its Series B round of funding for its direct-to-consumer business. In August, Mountain Trail Foods-operated Chai Point reportedly raised an undisclosed amount of funding from existing investors, including Eight Roads Ventures and DSG Partners. The firm aims to build a portfolio of about 30 companies, in which it will invest about $155K (INR 1 Cr) to begin with. Press. New Delhi, Oct 10 Homegrown premium tea brand Vahdam Teas on Thursday said it has raised Rs 75 crore in a funding round led by consumer-focused venture capital firm Sixth Sense Ventures. Todd Steverson. Benchmarks . After thorough processing, cleaning and packaging, the teas are shipped to international markets within three to 12 days. Kanwaljit Singh, Founder and Managing Partner at Fireside Ventures said, Vahdam Teas' Founder, Bala Sarda's mantra: ‘Live in the moment and enjoy the journey’, This 25-year-old brews a success story with his tea selling in 76 countries in 2 years, Search for what you want, categories, tags, keywords, authors, events, anything under YourStory, Inspired by Elon Musk’s Tesla, this EV startup is building superbikes for India, Changing landscape – Seven online learning trends to watch out in 2021, This B2B platform aims to disrupt FMCG sales and distribution for emerging brands, Rewind 2020: Business, politics, social and professional impact, and what lies ahead, A YourStory deep-dive into the 11 new Indian unicorns of 2020; How Rebel Foods survived COVID-19, [Year in Review 2020] Top 10 Turning Point stories celebrating the early stages of entrepreneurship, Mumbai-based martech startup Growisto is helping brands drive online retail growth, [Weekly funding roundup] Two new unicorns emerge in the last week of 2020, Myntra’s End of Reason Sale records 51 percent rise in traffic, [Year in Review 2020] 80 inspiring quotes of the year on social enterprises and changemakers. Vahdam Teas is planning to utilize the raised funding in expanding its product portfolio by introducing new categories in flavoured tea and wellness tea. January 2017: $44.0M: December 2017: $1.4M: Management. Vahdam Teas has 63 employees across 5 locations and $15.55 m in total funding,. Vahdam Teas raises funding in Series A round from Friseside Ventures and other existing investors. The Farming 3.0 Opportunity: Inside India’s $24.1 Bn Agritech Market, Snapdeal Losses Grow 47% In FY20 From Focus On Video, Vernacular, Amazon India Deeper In The Red In FY20 As Flipkart Reduces Losses, Fantasy Cricket In India: New Innings For The Cricket Fans, Sachin Bansal’s Navi Looks To Acquire Aviva, Dabur Life Insurance JV. 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