Unlike your everyday cuppa, Vahdam teas do not travel in containers for months before being packaged and sold. 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. Try Pro free Solutions. 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 has raised a total of $0 in funding across 0 rounds. From India with Love Straight from the Source. “Turmeric is not a trend or a fad. 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. As part of its second institutional fundraise, Vahdam Teas has picked up an additional $310K (INR 2 Cr) in a secondary transaction. 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. Vahdam Teas is among the world’s first vertically integrated online-first tea brands that sources premium garden fresh teas. In May 2015, it raked in $5 Mn Series A funding from capital firm Tiger Global Management. "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. 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. Learn More. 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 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. Your preference has been updated for this session. 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. Online tea brand Vahdam Teas has secured $1.4 Mn (INR 9 Cr) in a round of funding led by VC firm Fireside Ventures. 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 will further invest in a state-of-the-art packaging facility to expand manufacturing, and cater to the demand for next 3-5 years. The VC firm was founded by Kanwaljit Singh in 2017 and has invested across segments including personal care, processed foods, lifestyle and home products. 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. 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. Vahdam Teas Pvt. 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. 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. With more than 70 signature in-house blends, Vahdam Teas also sells loose leaf teas which makes up for about 80% of their sales. TechCrunch - Oct, 1 2018. 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. Ltd, which runs specialty tea e-tailer Teabox.com. 18 Jan 2017 ₹44,000,000 Angel Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding. 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. Founder & CEO. Vahdam Teas raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. 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. It clocks more than 15,000-20,000 orders every month. … Vahdam Teas raises $2.5M to grow its tea-commerce business in the US. Loose tea, according to Sarda, currently accounts for around 80% of all sales. This round was led by existing investor Fireside Ventures. 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. Our … Log In. Vahdam Teas General Information Description. The funding will also enable the platform to market its brand aggressively, in a bid to penetrate deeper in the Indian market. Vahdam Teas Pvt. This round will be used for further developing the US market by investing in customer … A major player in this vertical is Gurugram-headquartered Chaayos, which recently raised $2 Mn funding from existing investor Tiger Global Management. The startup originally raised an undisclosed amount of Seed funding in March 2014. With this, the total funding raised by the company is over Rs 110 crore. The round was led by Fireside Ventures. Vahdam Teas will be introducing new products to their existing and new categories of teas. With this, some of the angel investors from the Seed round have also exited the venture. 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. In October last year, venture capital firm Sixth Sense Ventures led a Series C funding round in Delhi-based online retailer Vahdam Teas. Bala Sarda, Founder, Vahdam Teas. Blue Apron. Vahdam Teas is planning to utilize the raised funding in expanding its product portfolio by introducing new categories in flavoured tea and wellness tea. 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. Bala Sarda. Post the investment, Fireside Ventures founder Kanwaljit Singh will be joining Vahdam Teas as a board member. Vahdam Teas is the winner of the prestigious SOFI 2019 for the BEST NEW PRODUCT. Bala Sarda, Founder and CEO, Vahdam Teas, said. Commenting on the investment, Balvinder Kalsi of Mumbai Angels had stated at the time, “India is the second-largest producer of tea globally. 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. 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 company competes with the likes of speciality tea e-tailer Vahdam Teas Pvt. See All Reviews "VAHDAM gets shipped to over 100 countries and raised $17 million." Teabox raised funding from Dubai-based NB Ventures, the … Vahdam Teas has successfully raised USD $2.5 million in its Series B round of funding for its direct-to-consumer business. Your donation has the power to help them move closer to their goal amount. Ltd, which runs specialty tea e-tailer Teabox.com. Vahdam Teas. Since Vahdam Teas was founded in 2015, it has participated in 4 rounds of funding. Vahdam Gets New Funding. Shipped to 90+ countr. 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. It was led by their existing investor Fireside Ventures.. 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. Funding; Jobs; India’s Finest Tea, Turmeric & Superfoods ?? Teabox raised funding from Dubai-based NB Ventures, the family office of Neelesh Bhatnagar, in July last year. 30,000+ Reviews. 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 massively disrupting the supply chain." It works with about 150-200 teas plantations and small growers across India and Nepal. The startup’s existing investors – Singapore Angel Network, Mumbai Angels and some HNI investors – also participated in the round. We are very excited about what Vahdam has been able to accomplish till now and the large market opportunity in the key overseas markets. December 13, 2019. 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. Under this partnership, Vahdam will focus on providing infrastructure such as smart devices and connectivity to about 1000 children in the tea-growing region. To permanently change your account setting, go to My Account Last year, it had invested in Bengaluru-based on-demand online coffee shop DropKaffe. 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