Company Name : TeaBox
Funding Amount : Undisclosed
Investor(s) Ratan Tata
Teabox has raised an undisclosed round of financing from Ratan Tata. The capital will help Teabox to expand in other major markets around the world.
“Ratan Tata needs no introduction for the kind of strategic direction and commitment he brings to the table. We have grown up admiring and respecting his vision and business acumen on scaling the Tata group to a global level. His direct guidance and experience in the tea industry will surely help us grow Teabox to be the first global premium tea brand from India,” said Kaushal Dugar, Founder and CEO, Teabox.
Teabox sources premium teas directly from the plantations in Darjeeling, Assam, Nilgiri and Nepal, and ships them to customers all over the world. In 3 years, Teabox has delivered over 30 million cups of tea in over 93 countries, said the company.