Tuesday, November 5

Tag: Vahdam Teas

Top Five Funding News of the Last Week (1st Oct – 6th Oct)
FUNDING

Top Five Funding News of the Last Week (1st Oct – 6th Oct)

Funding is an important and vital part of businesses these days. Through funding, businesses expand aggressively in the market and give a fight to the other competitors in the space. The company that raised the maximum funds this week was Droom that raised an amount of $30 million. This week was very eventful in terms of fundraising as many companies raised funds for various purposes and also various backers participated in this funding week. Here we have the list of top five funding activities of the week.     1. 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. This round was led by existing investor Fireside Ventures. With thi...
Vahdam Teas Secures $2.5 million in a Fresh Funding Round
FUNDING

Vahdam Teas Secures $2.5 million in a Fresh Funding Round

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. This round was led by existing investor Fireside Ventures. With this funding round, the company plans to expand its presence in the US which is one of the largest markets of the company. Also, a part of the funds will be used towards customer acquisition and brand building and also in exploring new markets in India. The company is based in New Delhi and was founded in 2016 by Bala Sarda. Vahdam Teas is a vertically-integrated, online-first tea brand. The tea is procured directly from 150-200 plantations and tea growers in India and Nepal within 24-48 hours of production. Bala Sarda, Founder, Vahdam Teas, said, “We are exci...