Hotline: 1800 102 2007
X
Search Business Opportunities
May, 05 2018

Malaysia’s Tea brand Tealive ventures into India, Plans 140 Stores in 5 years

WIB is a specialist franchise development company in India, which has secured master franchisee rights to open 140 stores in three cities in India within next five years.

Loob Holding Sdn Bhd, the creator of Malaysia’s Tealive bubble tea brand has collaborated with World Iconic Brands Hospitality Pvt Ltd (WIB). WIB is a specialist franchise development company in India, which has secured master franchisee rights to open 140 stores in three cities in India within next five years. The Tealive will open up outlets in New Delhi, Mumbai and Bangalore.

Bryan Loo, CEO, Loob Holding signed an agreement of Master Franchise Rights given to WIB to expand Tealive in the Metro cities of India, like Mumbai, New Delhi, and Bangalore. At the event, WIB was represented by its founder Mr. Gaurav Marya, who is also the chairman of Franchise India, Asia’s largest integrated franchise solutions company. Franchise India owns majority stakes in WIB.

In recounting the brand journey of Tealive, Loo said “Tealive is a home-grown brand “Born in Malaysia, Raised for the World”.  In Malaysia, we serve 2.5 million consumers each month in our 175 outlets. India being a Tea loving country, we see a huge potential for our product. We are happy to seal this partnership with WIB to be the first Malaysian bubble tea brand to enter the Indian market. We could not have chosen a better partner, as WIB is owned by Franchise India, which has a proven record of over 2 decades in the business.”

Mr. Gaurav Marya said “As per Indian Tea Association, the total production of tea in 2016 was 1,267 million kg, and the industry estimated output of 1,280 million kg in 2017. I believe, Tealive presents a huge opportunity in the country where people relate to the concept in a big way. Tealive is an ideal partner to introduce a modern tea-culture to India, which itself has a long tradition of enjoying tea.

Also present at the event were officials from Malaysian External Trade Development Corporation (Matrade) and the Indian High Commission in Kuala Lumpur. Other than Malaysia, Tealive is operating 5 stores in Vietnam as well.

Comment
image
Related opportunities
  • Competitive Exam Coaching Institute
    About Us: We at THE GATE COACH provide best coaching for GATE  IES..
    Locations looking for expansion Delhi
    Establishment year 1997
    Franchising Launch Date 2011
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater NEW DELHI Delhi
  • Ice creams & Yogurt Parlors
    Want to enhance the joy of eating by creating a..
    Locations looking for expansion Delhi
    Establishment year 2005
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets 20-50
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Juices / Smoothies / Dairy parlors
    About Us: Ranging from Super Tasted Bubble Tea’s to Shakes, Sandwiches,..
    Locations looking for expansion Andhra pradesh
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater hyderabad Andhra pradesh
  • Juices / Smoothies / Dairy parlors
    About Us: A Surat based waffle café named Waffle Republic. Serves..
    Locations looking for expansion Gujarat
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities