Other existing investors Singapore Angel Network, Mumbai Angels and a few high net-worth individuals also participated in the round, the company said in a statement. And, we plan to now further penetrate our key markets with customer acquisition and marketing. Vahdam Teas raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. 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. Online tea brand Vahdam Teas has secured $1.4 Mn (INR 9 Cr) in a round of funding led by VC firm Fireside Ventures. It works with about 150-200 teas plantations and small growers across India and Nepal. 9 crore).The funding for this round was led by consumer focused fund Fireside Ventures in addition to existing investors like Singapore Angel Network, Mumbai Angels and a few other high net-worth individuals. Door Delivered. 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 . 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 … Vahdam Teas wants to raise funds for Tea Estate Workers Relief Fund by Vahdam Teas. E-commerce start-up Vahdam Teas has raised ₹75 crore in series C funding. 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. Packed at Source ?? Vahdam Teas is among the world’s first vertically integrated online-first tea brands that sources premium garden fresh teas. The round also saw participation from HNI clients of Avendus Wealth Management Pvt. Shipped to 90+ countr. 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. No Middlemen.Shipped to 76 Countries & counting. Garden Fresh Teas Sourced Direct from Plantations & Delivered Worldwide Direct from Source. Following the investment, founder of Fireside Ventures, Kanwaljit Singh will join Vahdam Teas … Vahdam Teas, an India-based e-commerce startup that sells fresh tea in international markets, has closed a new financing round as it looks to expand its presence in the U.S. and Europe. The startup originally raised an undisclosed amount of Seed funding in March 2014. It sources premium garden fresh teas direct from over 150+ tea plantations & door delivers to consumers across the world. See All Reviews "VAHDAM gets shipped to over 100 countries and raised $17 million." Saama Capital-backed Chai Point is another well-known name in this space. Taking India’s native wellness wisdom to the modern world, making it contemporary, convenient, and absolutely delectable while we’re at it. It is an honour to have Fireside Ventures come on board, with their massive experience in building consumer brands.”. An individual or two start a business, but a team takes it to a place where it deserves to be. 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. It was launched in 2015. Just dust from some factory. Vahdam Teas is a vertically integrated online tea brand from premium garden fresh tea leaves. 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 … It clocks more than 15,000-20,000 orders every month. Your browser is currently blocking notification. Bala Sarda, Founder, Vahdam Teas. 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 … This round will be used for further developing the US market by investing in customer … In October last year, venture capital firm Sixth Sense Ventures led a Series C funding round in Delhi-based online retailer Vahdam Teas. Unlike your everyday cuppa. 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 funding round also saw participation from investors, such as Singapore Angel Network, Mumbai Angels who were a part of Vahdam’s angel funding round along with some HNI’s. The company competes with the likes of speciality tea e-tailer Vahdam Teas Pvt. With this, the total funding raised by the company is over Rs 110 crore. 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. And we are lucky to have a rock solid team working tirelessly to take the brand forward. 30,000+ Reviews. RBI Warns Against Unauthorised Lending Apps As Abuse Cases Come To Lig... Ola Looks To Build EV Charging Infra In India, Europe To Back Scooter ... [The Outline By Inc42 Plus] Cryptocurrency Aches For Regulation, [The Outline By Inc42 Plus] The Social Dilemma. 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. The round was led by Fireside Ventures. Vahdam has till date raised over Rs 120 crore in funding from venture capitalists such as Fireside Ventures, Sixth Sense Ventures, Mankind Pharma, SAR Group, and entrepreneurs like Kris Gopalkrishnan amongst others. Ltd, which runs specialty tea e-tailer Teabox.com. Todd Steverson. 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. Vahdam Teas has successfully raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. Vahdam Teas E-Commerce Food And Drinks Food Food Processing Garden Fresh Teas. It was led by their existing investor Fireside Ventures.. This round was led by existing investor Fireside Ventures. Advanced. Nikhil Vora, Founder and CEO of Sixth Sense Ventures, who have also invested in brands like Bira and Veeba said. In the Indian tea industry, there are a number of startups that are working both in the online and offline domains. Pricing. Your preference has been updated for this session. The VC firm was founded by Kanwaljit Singh in 2017 and has invested across segments including personal care, processed foods, lifestyle and home products. Ltd, a Delhi-based tea e-tailer, has raised $1.4 million (Rs 9 crore) in a Series A round of funding led by existing investor Fireside Ventures. January 2017: $44.0M: December 2017: $1.4M: Management. … Vahdam Teas has built a great supply chain & traction in the last 2 years and we are privileged to join him on this journey and hope to help build an iconic Indian brand that’s enjoyed by consumers across the world.”. E-tailer Vahdam Teas which is Delhi-based has raised $1.4 million in its second round of funding. 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 "Our belief is that Vahdam could potentially fill that void, as new-age consumers spend on luxury experiences, superior quality and a demand for new and innovative tea flavours in markets such as the USA, Europe and India,” he added. Vahdam Teas 2371. 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. 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 The company is based in Delhi and New York, and has plans to open a UK office early next year. ... Funding History. Products. The seed funding round was led by Angel Investors. Ltd, which runs specialty tea e-tailer Teabox.com. News Online tea brand, Vahdam Teas raises $1.4 million in series A round of funding led by Fireside Ventures. Shipped to 90+ countr. It previously invested in Vahdam’s Series A and B rounds in 2017 and 2018, respectively. Organization. Vahdam Teas, a premium online tea brand, has secured a series A round of funding of $1.4million (about Rs. It will further invest in a state-of-the-art packaging facility to expand manufacturing, and cater to the demand for next 3-5 years. Vahdam Teas is a vertically-integrated, online-only tea brand. 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. 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' last funding round was on Oct 2019 for a total of $11.0M 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. The startup’s existing investors – Singapore Angel Network, Mumbai Angels and some HNI investors – also participated in the round. As part of its second institutional fundraise, Vahdam Teas has picked up an additional $310K (INR 2 Cr) in a secondary transaction. The firm aims to build a portfolio of about 30 companies, in which it will invest about $155K (INR 1 Cr) to begin with. 18 Jan 2017 ₹44,000,000 Angel Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding. Commenting on the investment, Balvinder Kalsi of Mumbai Angels had stated at the time, “India is the second-largest producer of tea globally. From India with Love Straight from the Source. 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. 12:00 AM. Bala Sarda. 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 as Chief Tea Educator and Sustainability officer. Suggest edits … We are very excited about what Vahdam has been able to accomplish till now and the large market opportunity in the key overseas markets. Its portfolio includes Yoga Bar, Samosa Singh, Bombay Shaving Co., Mamaearth and Vahdam Teas. The funding will also enable the platform to market its brand aggressively, in a bid to penetrate deeper in the Indian market. Delhi-based tea brand Vahdam Teas has raised $1.4 million in a Series A round of funding. 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 Last year, it had invested in Bengaluru-based on-demand online coffee shop DropKaffe. No other tea but Vahdam by Bala Sarda will grace my pantry. Subtle differences in these teas are a delight. This tea is truly transcendent, my favorite beverage, has waited for me to appreciate this tea. Log In. 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. “VAHDAM Teas is massively disrupting the supply chain." Loose tea, according to Sarda, currently accounts for around 80% of all sales. As stated by Sarda, all Vahdam teas are procured directly from 150-200 plantations and tea growers in India and Nepal within 24-48 hours of production. Vahdam Teas raises $2.5M to grow its tea-commerce business in the US. Indian Startups, Entrepreneurship, News, Resources & More, The Financing Will Be Utilised To Introduce New Products And Strengthen The Startup’s Presence In The US. Vahdam Teas is planning to utilize the raised funding in expanding its product portfolio by introducing new categories in flavoured tea and wellness tea. Founder & CEO. Yet, we do not have a truly Indian tea brand selling quality teas in the global markets. Vahdam Teas has 63 employees across 5 locations and $15.55 m in total funding,. See insights on Vahdam Teas including office locations, competitors, revenue, financials, executives, subsidiaries and … Commenting on the development, Singh stated, “India is well known globally as a producer of the finest Teas and it’s heartening to see a young brand and a young, dynamic entrepreneur leading the charge to showcase the best of Indian Teas to consumers across the world. Press. Kolkata: Online premium tea brand Vahdam Teas has raised Rs 75 crore in a series C round led by consumer fund Sixth Sense Ventures and plans to use the funds to launch new products and enter India and new overseas markets. Founded by former Helion Venture Partners senior Managing Director Kanwaljit Singh in 2014, Fireside Ventures is a consumer-focussed VC firm that secured backing for its maiden fund from some of India’s top family offices including PremjiInvest, consumer goods maker Marico’s Mariwala, and the RP-Sanjiv Goenka Group in June 2017. Under this partnership, Vahdam will focus on providing infrastructure such as smart devices and connectivity to about 1000 children in the tea-growing region. Teabox raised funding from Dubai-based NB Ventures, the … Founded in 2015 by Bala Sarda (28), a fourth-generation tea entrepreneur, Vahdam Teas' mission is to build a global tea and superfoods brand. Last year, the early-stage investment firm pumped $2 million into Mumbai-based health-tech startup Siliguri-based Teabox had also previously raised $6 Mn in Series A funding from JAFCO Asia, Keystone Group and Dragoneer Investment in March 2015. Tea e-tailing startup Vahdam raises angel funding Vahdam Teas. An Indian online tea brand called Vahdam Teas has reportedly raised funds amounting to $2.5 million (Rs 16 Crore) in its third institutional round of fundraising. Speaking about the latest funding round, Vahdam Teas founder Bala Sarda said, “Over the last 2 years, we have worked very hard in setting up an efficient supply chain, right from the estates of India to our consumers in the US and other parts of the world, with a sole vision to make available the freshest cup of tea to consumers by leveraging technology. Since Vahdam Teas was founded in 2015, it has participated in 4 rounds of funding. Also, a portion of the raised capital will be used to strengthen the logistical and warehousing capabilities of the US, because currently, more than 70% sales of Vahdam Teas’ total sales earn from the US. A major player in this vertical is Gurugram-headquartered Chaayos, which recently raised $2 Mn funding from existing investor Tiger Global Management. Resources. Launched in 2015, Vahdam Teas is a vertically-integrated, online-first tea brand. TechCrunch - Oct, 1 2018. Subscribe to our newsletter and always be the first to hear about what is happening. December 13, 2019. 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 Funding; Jobs; India’s Finest Tea, Turmeric & Superfoods ?? View company info, jobs, team members, culture, funding and more. Vahdam Teas is the winner of the prestigious SOFI 2019 for the BEST NEW PRODUCT. Vahdam Teas Pvt. Our … It had also backed Delhi-based Indulge Beverages, maker of premium tea and coffee capsules under brand Bonhomia in 2015. With more than 70 signature in-house blends, Vahdam Teas also sells loose leaf teas which makes up for about 80% of their sales. Learn More. Last Funding Type Series C. Legal Name Vahdam Teas Private Limited. 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