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...