Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Mar, 21 2014

Teabox raises fund

Received USD 1 million from Accel Partners and Horizen Ventures.

Teabox, which sources and ships tea from Darjeeling, Assam and the Nilgiris, has raised USD 1 million funds from Accel Partners and Horizen Ventures.

Commenting on the same, Kaushal Dugar, Founder, Teabox, said, “Since freshness and quality of tea deteriorates significantly with time, we believe that our technology supported by supply chain infrastructure and innovation will help us reach the end customers in a much shorter period of time.”

The company has planned to expand its subscription service, catalogue and aggressively enter target markets in the next few months.

Prashant Prakash, Senior Partner, Accel Partners, stated, “The tea industry, which is expected to touch USD 40 billion in turnover, is ready for disruption. We see great potential in Teabox becoming the next global tea brand from India.”

Founded in 2012, Teabox has a fulfilment center near Darjeeling, West Bengal and sources premium tea directly from the plantations. The company has its presence in over 65 countries offering over 100 varieties of tea.

Comment
Related opportunities
  •    Become WIISE partner and be part of India’s fastest growing Award winn..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 160
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Juices / Smoothies / Dairy parlors
    About:Milkshake & Co a progressive venture of Kaira luxury beverages private..
    Locations looking for expansion New Delhi
    Establishment year 2000
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Bakery & Confectionary
    About: Started in 2003 Kabhi B Bakery + Patisserie the retail..
    Locations looking for expansion Gujarat
    Establishment year 1996
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • About Us  Pretty Petals was established in 2005 under aegis of..
    Locations looking for expansion New Delhi
    Establishment year 2005
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
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