Launched in 2015, Vahdam Teas is a vertically-integrated, online-first tea brand. In the funding round, participants like Singapore Angel Network, Mumbai Angels were present.. After this investment, the founder of Fireside Ventures, Kanwaljit Singh will join Vahdam Teas as a member of its board. “Turmeric is not a trend or a fad. Nikhil Vora, Founder and CEO of Sixth Sense Ventures, who have also invested in brands like Bira and Veeba said. E-commerce start-up Vahdam Teas has raised ₹75 crore in series C funding. In January this year, the startup raised $650K Seed funding in a round led by Mumbai Angels Network. Operator of an online tea store intended to provide organic tea. The brand’s early backer, Fireside Ventures also participated in the current round, marking its third investment in the company. Vahdam Teas. Vahdam Teas has raised a total of $0 in funding across 0 rounds. 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. E-tailer Vahdam Teas which is Delhi-based has raised $1.4 million in its second round of funding. Press. "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. In the Indian tea industry, there are a number of startups that are working both in the online and offline domains. With this funding round, the company plans to expand its presence in the US which is one of the largest markets of the company. 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. Vahdam Teas is planning to utilize the raised funding in expanding its product portfolio by introducing new categories in flavoured tea and wellness tea. Bala with his industry experience has a great opportunity in this space.”. Existing investors Singapore Angel Networks, Mumbai Angels also participated in the round. Packed at Source ?? See All Reviews "VAHDAM gets shipped to over 100 countries and raised $17 million." Vahdam Teas' last funding round was on Oct 2019 for a total of $11.0M As part of its second institutional fundraise, Vahdam Teas has picked up an additional $310K (INR 2 Cr) in a secondary transaction. 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. Please contribute. This tea is truly transcendent, my favorite beverage, has waited for me to appreciate this tea. Vahdam Teas raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. Online tea brand Vahdam Teas has secured $1.4 Mn (INR 9 Cr) in a round of funding led by VC firm Fireside Ventures. Just dust from some factory. With more than 70 signature in-house blends, Vahdam Teas also sells loose leaf teas which makes up for about 80% of their 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. Advanced. In a statement, Vahdam said Desai has invested in the brand, without disclosing the amount. Last year, the early-stage investment firm pumped $2 million into Mumbai-based health-tech startup Vahdam Teas is a vertically integrated online tea brand from premium garden fresh tea leaves. 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 firm aims to build a portfolio of about 30 companies, in which it will invest about $155K (INR 1 Cr) to begin with. And we are lucky to have a rock solid team working tirelessly to take the brand forward. Loose tea, according to Sarda, currently accounts for around 80% of all sales. 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 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.”. 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. Phone Number +91 11 41073406. Organization. Indian Startups, Entrepreneurship, News, Resources & More, The Financing Will Be Utilised To Introduce New Products And Strengthen The Startup’s Presence In The US. An individual or two start a business, but a team takes it to a place where it deserves to be. 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 Bala Sarda, Founder, Vahdam Teas. 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. Tea e-tailing startup Vahdam raises angel funding Vahdam Teas. 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, a premium online tea brand, has secured a series A round of funding of $1.4million (about Rs. Teabox raised funding from Dubai-based NB Ventures, the … It was led by their existing investor Fireside Ventures.. Vahdam Teas has 63 employees across 5 locations and $15.55 m in total funding,. Subtle differences in these teas are a delight. Unlike your everyday cuppa. 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. Its portfolio includes Yoga Bar, Samosa Singh, Bombay Shaving Co., Mamaearth and Vahdam Teas. Home Tea Report Vahdam Gets New Funding. Vahdam Teas has successfully raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. This round was led by existing investor Fireside Ventures. Funding; Jobs; India’s Finest Tea, Turmeric & Superfoods ?? We are very excited about what Vahdam has been able to accomplish till now and the large market opportunity in the key overseas markets. 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. 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 Stock. Online tea brand Vahdam Teas has secured $1.4 Mn (INR 9 Cr) in a round of funding led by VC firm Fireside Ventures. 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. Under this partnership, Vahdam will focus on providing infrastructure such as smart devices and connectivity to about 1000 children in the tea-growing region. Ltd, which runs specialty tea e-tailer Teabox.com. 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 A cluster of family offices and high-net-worth individuals (HNIs) including Mankind group family office, Infosys founder S Gopalakrishnan, SAR Group family office, … The startup originally raised an undisclosed amount of Seed funding in March 2014. The VC firm was founded by Kanwaljit Singh in 2017 and has invested across segments including personal care, processed foods, lifestyle and home products. Contact Email help@vahdamteas.com. Vahdam Teas wants to raise funds for Tea Estate Workers Relief Fund by 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 US$5 million in the last two years. in their 2019 Holiday Gift Guides. 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 In May 2015, it raked in $5 Mn Series A funding from capital firm Tiger Global Management. Vahdam Teas's latest funding round in October … Learn More. Prior to that, it had raised $27.9 Mn (INR 180 Cr) to back early-stage startups in food and beverage, personal care, home products, kids and education sectors. Bala Sarda. 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. 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. This round will be used for further developing the US market by investing in customer … 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. 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. No other tea but Vahdam by Bala Sarda will grace my pantry. Vahdam is one of the leaders in the striking emergence of startups – upstarts may be a more appropriate label – in India that have set new standards of excellence in a tea market that historically has been underserved, fragmented and lacking in productivity and creativity. TechCrunch - Oct, 1 2018. Log In. Save. Search Crunchbase. 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 Pvt. 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. 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. Your preference has been updated for this session. 2020 In Review: How Indian Startups Backed The Fight Against Covid-19, Mumbai Court Summons MNS Chief Raj Thackeray In Amazon Vandalism Case, Decoding Digital Lending In India: The Rise Of Consumer Lending, Report 2020. Ltd, the wealth management arm of financial services firm Avendus Capital. 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. Ltd as well as Bengaluru- and Singapore-based AsianTeaxpress Pte. 12:00 AM. It clocks more than 15,000-20,000 orders every month. Vahdam Teas is among the world’s first vertically integrated online-first tea brands that sources premium garden fresh teas. 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. Vahdam Teas E-Commerce Food And Drinks Food Food Processing Garden Fresh Teas. Delhi-based tea brand Vahdam Teas has raised $1.4 million in a Series A round of funding. Your donation has the power to help them move closer to their goal amount. In total Vahdam Teas has raised $15.6M. No Middlemen.Shipped to 76 Countries & counting. 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. The round also saw participation from HNI clients of Avendus Wealth Management Pvt. 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. Benchmarks . It sources premium garden fresh teas direct from over 150+ tea plantations & door delivers to consumers across the world. Vahdam Teas raises $2.5M to grow its tea-commerce business in the US. It is simply the finest Breakfast Tea available. 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. 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. Blue Apron. Vahdam Teas raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. Resources. It's a magic spice, truly." Founder & CEO. ... Funding History. 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. Ltd, which runs specialty tea e-tailer Teabox.com. Premium tea brand Vahdam Teas has raised $2.5 million in a Series B funding round led by Indian investment fund Fireside Ventures. Other Companies. In the premium tea category, Vahdam Teas competes with Ratan Tata-backed Teabox and West Bengal-based Udyan Tea. 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. Saama Capital-backed Chai Point is another well-known name in this space. Online First Tea Brand Vahdam Teas Raises $650K Funding From Mumbai Angels Network, Others Vahdam Teas. Thank you FORBES India for this in-depth feature on VAHDAM Teas beautifully capturing its growth and evolvement. 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. At the time, it was reported that Vahdam would be deploying the raised funds towards marketing, product development, and opening a warehouse in the US. It works with about 150-200 teas plantations and small growers across India and Nepal. 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. Packed at Source ?? Vahdam Teas has raised $1.4 million in a Series A funding round. In October last year, venture capital firm Sixth Sense Ventures led a Series C funding round in Delhi-based online retailer 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. Teabox raised funding from Dubai-based NB Ventures, the family office of Neelesh Bhatnagar, in July last year. The startup’s existing investors – Singapore Angel Network, Mumbai Angels and some HNI investors – also participated in the round. 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. Vahdam Teas has raised a total of $0 in funding across 0 rounds. Todd Steverson. Since Vahdam Teas was founded in 2015, it has participated in 4 rounds of funding. Vahdam Teas is a vertically-integrated, online-only tea brand. Vahdam Teas raises funding in Series A round from Friseside Ventures and other existing investors. After thorough processing, cleaning and packaging, the teas are shipped to international markets within three to 12 days. Commenting on the investment, Balvinder Kalsi of Mumbai Angels had stated at the time, “India is the second-largest producer of tea globally. A major player in this vertical is Gurugram-headquartered Chaayos, which recently raised $2 Mn funding from existing investor Tiger Global Management. 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. See insights on Vahdam Teas including office locations, competitors, revenue, financials, executives, subsidiaries and … 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. 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. Your browser is currently blocking notification. The round was led by Fireside Ventures. 30,000+ Reviews. Vahdam Teas 2371. … The interesting fact is that Vahdam teas do not travel in containers for months before being packaged and sold. And, we plan to now further penetrate our key markets with customer acquisition and marketing. Vahdam Teas will be introducing new products to their existing and new categories of teas. From India with Love Straight from the Source. It had also backed Delhi-based Indulge Beverages, maker of premium tea and coffee capsules under brand Bonhomia in 2015. The company is based in Delhi and New York, and has plans to open a UK office early next year. 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: India’s Finest Tea, Turmeric & Superfoods ?? 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. Yet, we do not have a truly Indian tea brand selling quality teas in the global markets. Subscribe to our newsletter and always be the first to hear about what is happening. Last year, it had invested in Bengaluru-based on-demand online coffee shop DropKaffe. 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. Pricing. A cluster of reputed family offices and HNIs including Mankind Group Family office, Infosys Founder Kris Gopalkrishnan, SAR Group Family office, Zomato Co-founder Pankaj Chaddah, Urmin Group Family office, etc., also invested in the company. Additionally, it won 6 Awards at the 2019 World Tea … “VAHDAM Teas is massively disrupting the supply chain." Vahdam Teas Pvt. 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. Products. 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 FEATURED TEA GIFT BRAND - Vahdam Teas has been featured by Forbes, PopSugar, GMA, O Magazine, Reader's Digest, USA Today etc. Vahdam Teas is the winner of the prestigious SOFI 2019 for the BEST NEW PRODUCT. Shipped to 90+ countr. Garden Fresh Teas Sourced Direct from Plantations & Delivered Worldwide Direct from Source. The company competes with the likes of speciality tea e-tailer Vahdam Teas Pvt. Our … Bala Sarda, Founder and CEO, Vahdam Teas, said. With this, the total funding raised by the company is over Rs 110 crore. News Online tea brand, Vahdam Teas raises $1.4 million in series A round of funding led by Fireside Ventures. Vahdam Teas General Information Description. It was launched in 2015. 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. Following the investment, founder of Fireside Ventures, Kanwaljit Singh will join Vahdam Teas … By eliminating all middlemen, we are not only able to make available garden fresh high quality teas but are also able to … It is an honour to have Fireside Ventures come on board, with their massive experience in building consumer brands.”. 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 do not travel in containers for months before being packaged and sold. Vahdam Gets New Funding. Post the investment, Fireside Ventures founder Kanwaljit Singh will be joining Vahdam Teas as a board member. The funding … Founded in 2015 by Bala Sarda (28), a fourth-generation tea entrepreneur, Vahdam Teas' mission is to build a global tea and superfoods brand. 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. It previously invested in Vahdam’s Series A and B rounds in 2017 and 2018, respectively. Vahdam Teas's latest funding round in October 2019 was reported to be $11 m. In total, Vahdam Teas has raised $15.5 m Vahdam Teas Pvt. At present, the company sells loose tea leaves with over 70 in-house signature blends. 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. The funding will also enable the platform to market its brand aggressively, in a bid to penetrate deeper in the Indian market. 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