The funding … The startup’s existing investors – Singapore Angel Network, Mumbai Angels and some HNI investors – also participated in the round. With this, some of the angel investors from the Seed round have also exited the venture. 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 General Information Description. Benchmarks . Vahdam Teas is a vertically-integrated, online-only tea brand. Vahdam Gets New Funding. 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. 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 … 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. Since Vahdam Teas was founded in 2015, it has participated in 4 rounds of funding. See insights on Vahdam Teas including office locations, competitors, revenue, financials, executives, subsidiaries and … Pricing. 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. Commenting on the investment, Balvinder Kalsi of Mumbai Angels had stated at the time, “India is the second-largest producer of tea globally. 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.”. Post the investment, Fireside Ventures founder Kanwaljit Singh will be joining Vahdam Teas as a board member. It clocks more than 15,000-20,000 orders every month. 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. Vahdam Teas 2371. The company competes with the likes of speciality tea e-tailer Vahdam Teas Pvt. Advanced. 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. “VAHDAM Teas is massively disrupting the supply chain." After thorough processing, cleaning and packaging, the teas are shipped to international markets within three to 12 days. “Turmeric is not a trend or a fad. 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), … 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. 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. 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 The funding will also enable the platform to market its brand aggressively, in a bid to penetrate deeper in the Indian market. An individual or two start a business, but a team takes it to a place where it deserves to be. Indian Startups, Entrepreneurship, News, Resources & More, The Financing Will Be Utilised To Introduce New Products And Strengthen The Startup’s Presence In The US. Founder & CEO. The round also saw participation from HNI clients of Avendus Wealth Management Pvt. News Online tea brand, Vahdam Teas raises $1.4 million in series A round of funding led by Fireside Ventures. 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. No Middlemen.Shipped to 76 Countries & counting. This round was led by existing investor Fireside Ventures. Bala Sarda. Vahdam Teas raises $2.5M to grow its tea-commerce business in the US. E-commerce start-up Vahdam Teas has raised ₹75 crore in series C funding. Just dust from some factory. Please contribute. In total Vahdam Teas has raised $15.6M. In October last year, venture capital firm Sixth Sense Ventures led a Series C funding round in Delhi-based online retailer Vahdam Teas. Teabox raised funding from Dubai-based NB Ventures, the family office of Neelesh Bhatnagar, in July last year. 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 Pvt. 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. Founded in 2015 by Bala Sarda (28), a fourth-generation tea entrepreneur, Vahdam Teas' mission is to build a global tea and superfoods brand. 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 Vahdam Teas' last funding round was on Oct 2019 for a total of $11.0M ... Funding History. In January this year, the startup raised $650K Seed funding in a round led by Mumbai Angels Network. 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. Funding; Jobs; India’s Finest Tea, Turmeric & Superfoods ?? Under this partnership, Vahdam will focus on providing infrastructure such as smart devices and connectivity to about 1000 children in the tea-growing region. Vahdam Teas will be introducing new products to their existing and new categories of teas. 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. 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. Press. Vahdam Teas, a premium online tea brand, has secured a series A round of funding of $1.4million (about Rs. Launched in 2015, Vahdam Teas is a vertically-integrated, online-first tea brand. The VC firm was founded by Kanwaljit Singh in 2017 and has invested across segments including personal care, processed foods, lifestyle and home products. Search Crunchbase. Loose tea, according to Sarda, currently accounts for around 80% of all sales. Delhi-based tea brand Vahdam Teas has raised $1.4 million in a Series A round of funding. 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. Its portfolio includes Yoga Bar, Samosa Singh, Bombay Shaving Co., Mamaearth and Vahdam Teas. Ltd as well as Bengaluru- and Singapore-based AsianTeaxpress Pte. 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. Vahdam Teas: India’s Finest Tea, Turmeric & Superfoods ?? January 2017: $44.0M: December 2017: $1.4M: Management. Last year, the early-stage investment firm pumped $2 million into Mumbai-based health-tech startup 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. Vahdam Teas Stock. 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. No other tea but Vahdam by Bala Sarda will grace my pantry. In May 2015, it raked in $5 Mn Series A funding from capital firm Tiger Global Management. Vahdam Teas Pvt. 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. Siliguri-based Teabox had also previously raised $6 Mn in Series A funding from JAFCO Asia, Keystone Group and Dragoneer Investment in March 2015. Subscribe to our newsletter and always be the first to hear about what is happening. 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 … With this funding round, the company plans to expand its presence in the US which is one of the largest markets of the company. 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. 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