Saturday, April 27

Tag: Chai Point

Chai Point Raises $20 Million Series C Funding
20Apr By NitishNo Comments
FUNDING

Chai Point Raises $20 Million Series C Funding

Bengaluru based Popular beverage chain Chai Point raises USD 20 million Series C funding round, led by Paragon Partners, which will be allocated towards spurring its growth in India. Founded in 2010, Chai Point is an organized brand in the Rs.1.5 Lakh crore tea market targeting one billion Indians. With the average per capita consumption of the beverage increasing at a steady rate of 20-30 percent, the market is ever expanding. The company, who offers nearly 0.3 million cups of Chai a day across all its channels, stores, delivery, and dispensers is poised to do five-fold more in the next three years. "This funding round is primarily aimed at further strengthening the brand's multi-channel go-to-market. A substantial portion of our investment proceeds will go towards deepening our ...
Read More
Chai Point Launches Cloud Based Beverage Services boxC.in
26Aug By PriyankaNo Comments
News

Chai Point Launches Cloud Based Beverage Services boxC.in

Chai Point, India's largest Chai retail chain, has announced the launch of boxC.in - a cloud-based beverage services platform which includes fully-automatic and IOT-enabled dispensers. Announcing the launch of boxC.in, Amuleek Singh, Co-founder, and CEO, Chai Point said, "Chai and filter coffee is fuel for all offices - these beverages are now considered as a core utility by corporates. The savvier ones see good quality beverages as a must-have employee engagement service. That said, authentic chai and filter coffee solutions are rarely available - you get compromises. What corporates also miss is an effective platform that assures a high uptime level of beverage services and transparency on the billing basis - boxC.in is aimed to solve just that." The core purpose of the platform is to ...
Read More