Tea e-tailing startup Vahdam raises angel funding Vahdam Teas. No other tea but Vahdam by Bala Sarda will grace my pantry. 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. Founder & CEO. Global tea brand Vahdam Teas on Thursday announced that it has raised Rs 75 crore in its Series C round of funding led by consumer fund Sixth Sense Ventures . The company competes with the likes of speciality tea e-tailer Vahdam Teas Pvt. Teabox raised funding from Dubai-based NB Ventures, the family office of Neelesh Bhatnagar, in July last year. Bala Sarda, Founder and CEO, Vahdam Teas, said. Vahdam Teas raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. Vahdam Teas has successfully raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. In October last year, venture capital firm Sixth Sense Ventures led a Series C funding round in Delhi-based online retailer Vahdam Teas. Founded in 2015 by Bala Sarda, VAHDAM® Teas is building India’s maiden home-grown global tea brand, taking India’s finest teas and superfoods to consumers worldwide under a home-grown label. Search Crunchbase. Global tea brand Vahdam Teas on Thursday announced that it has raised Rs 75 crore in its Series C round of funding led by consumer fund Sixth Sense Ventures. About Vahdam Teas Stock Backed by some of India’s most eminent angel investors, Vahdam Teas is among the world’s first vertically integrated online-first tea brands. Other Companies. Ltd, which runs specialty tea e-tailer Teabox.com. Vahdam Teas is a vertically-integrated, online-only tea brand. The interesting fact is that Vahdam teas do not travel in containers for months before being packaged and sold. Vahdam Teas is the winner of the prestigious SOFI 2019 for the BEST NEW PRODUCT. Vahdam Teas Pvt Ltd, a Delhi-based tea e-tailer, said on Wednesday it has raised funding from a clutch of angel investors to implement its expansion plans. Vahdam Teas raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. Business News: New Delhi, Dec 17 Vahdam India on Thursday said ex-tea entrepreneur Ketan Desai has made an investment in the company and has also been appointed a Vahdam Teas, an e-commerce that’s focused on selling the freshest brews on the planet, has closed a Series A funding round worth $1.4 million to grow its business. January 2017: $44.0M: December 2017: $1.4M: Management. Vahdam Teas, The Fastest Growing Premium Tea Brand, Raises US$2.5 Million in Series B Funding Business Wire NEW YORK -- October 1, 2018 Vahdam Teas, purveyors of the most garden fresh tea … Vahdam Teas Pvt. Bala Sarda, Founder, Vahdam Teas. Saama Capital-backed Chai Point is another well-known name in this space. Vahdam Teas Pvt Ltd, a Delhi-based tea e-tailer, said on Wednesday it has raised funding from a clutch of angel investors to implement its expansion plans. Suggest edits … The VC firm was founded by Kanwaljit Singh in 2017 and has invested across segments including personal care, processed foods, lifestyle and home products. In May 2015, it raked in $5 Mn Series A funding from capital firm Tiger Global Management. To permanently change your account setting, go to My Account 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. Ltd as well as Bengaluru- and Singapore-based AsianTeaxpress Pte. Vahdam Teas is among the world’s first vertically integrated online-first tea brands that sources premium garden fresh teas. Ltd, which runs specialty tea e-tailer Teabox.com. Since Vahdam Teas was founded in 2015, it has participated in 4 rounds of funding. The round was led by Fireside Ventures. On an average, Vahdam Teas boasts a gross profit margin of more than 50%, which has, in turn, driven its revenue 7x over the last 10 months. With the latest funding from Fireside Ventures, Mumbai Angels and others, Vahdam Teas is looking to push its profit margins even further by tapping the relatively unexplored tea market in the US. The firm has raised Rs 4.4 crore ($650,000) from early-stage investment firm Fireside Ventures' Kanwaljit Singh, Mumbai Angels and Singapore Angel Network. 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. Try Pro free Solutions. 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 dir BENGALURU: Global direct-to-consumer tea brand Vahdam Teas has partnered education technology startup Byju's to digitally tutor less privileged children of tea estate workers from about ten tea estates in Darjeeling. It is an honour to have Fireside Ventures come on board, with their massive experience in building consumer brands.”. Commenting on the investment, Balvinder Kalsi of Mumbai Angels had stated at the time, “India is the second-largest producer of tea globally. Todd Steverson. I feel as though I have never had tea before. Vahdam Teas has raised a total of $0 in funding across 0 rounds. Unlike your everyday cuppa, Vahdam teas do not travel in containers for months before being packaged and sold. Phone Number +91 11 41073406. Advanced. It works with about 150-200 teas plantations and small growers across India and Nepal. All our teas are procured directly from plantations & tea growers within 24-72 hours of production, packaged garden fresh and shipped directly from source in India. With direct sourcing from estates across India and local distribution in key markets like the USA, Vahdam claims to be world’s first truly vertically integrated tea brand. With this, some of the angel investors from the Seed round have also exited the venture. Teabox raised funding from Dubai-based NB Ventures, the … Siliguri-based Teabox had also previously raised $6 Mn in Series A funding from JAFCO Asia, Keystone Group and Dragoneer Investment in March 2015. Home Tea Report Vahdam Gets New Funding. We are very excited about what Vahdam has been able to accomplish till now and the large market opportunity in the key overseas markets. And we are lucky to have a rock solid team working tirelessly to take the brand forward. Vahdam Teas: India’s Finest Tea, Turmeric & Superfoods ?? Shipped to 90+ countr. in their 2019 Holiday Gift Guides. The startup originally raised an undisclosed amount of Seed funding in March 2014. Organization. The company's store offers fresh organic teas procured directly from plantations and tea growers within 24-72 hours of production, packaged garden fresh and shipped directly from source, enabling consumers to enjoy garden fresh teas that are delivered to their doorsteps with no associated … Currently possessing one warehouse in Delhi and 3 sourcing centres in Nilgiris, Assam, and Darjeeling respectively, the startup caters to over 150K customers in up to 83 countries. The funding … Vahdam Teas will be introducing new products to their existing and new categories of teas. Please contribute. In October 2019 it announced new financing of $11 million. All our teas are procured direct from plantations & tea growers within 24-48 hours of production, packaged garden fresh and shipped directly from source in India. Vahdam Teas. See insights on Vahdam Teas including office locations, competitors, revenue, financials, executives, subsidiaries and … Existing investors Singapore Angel Networks, Mumbai Angels also participated in the round. With this, the total funding raised by the company is over Rs 110 crore. A portion of the capital will also be used to bolster its warehousing and logistical capabilities in the US, which currently accounts for over 70% of Vahdam Teas’ total sales. Vahdam Teas: total Funding$15.5 m: Vahdam Teas: latest funding size$11 m: Time since last funding: a year ago: Vahdam Teas: investorsMumbai Angels, Singapore Angel Network, Kris Gopalakrishnan, Fireside Ventures, Sixth Sense Ventures, Pankaj Chaddah, Urmin Group family office, SAR GROUP, Mankind Group Family office, Nikhil Vora. Vahdam Teas is a vertically integrated online tea brand from premium garden fresh tea leaves. The round also saw participation from HNI clients of Avendus Wealth Management Pvt. Buy Black teas online Browse through Fully oxidized and fermented teas from Assam with withered black leaves procured from high quality Tea Gardens in India The company has till date raised over US$ 17 million in funding from VCs like Fireside Ventures, Sixth Sense Ventures, Mankind Pharma, SAR Group, and entrepreneurs like Kris Gopalkrishnan (Infosys founder), … Management arm of financial services firm Avendus capital cleaning and packaging, the family office Neelesh... 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