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Home / News / Business News / Ratan Tata invests in tea startup- TeaBox
  • Business

    Ratan Tata invests in tea startup- TeaBox

    Anupa
    Written by
    Anupa
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    Last updated on Jan 27, 2016, 07:01 pm
    Ratan Tata invests in tea startup- TeaBox
    Credits:
  • TeaBox, the online tea retail startup, has raised an undisclosed amount in funding from Ratan Tata, former chief of the Tata Group.

    These funds will help the startup accelerate its growth and expand across the major markets of the world.

    TeaBox aims to offer a new and unique experience to tea customers with its innovations in design, supply chain and technology.

  • In this article
    From Darjeeling TeaXpress to TeaBox Indian startup gets funding to direct tea delivery TeaBox introduces online fresh tea subscription service The growing customer base Next round: $6 million from JAFCO Billionaire with love for tea supports TeaBox New design makes TeaBox edgy with modern touch Ratan Tata invests in tea startup- TeaBox
  • Information

    From Darjeeling TeaXpress to TeaBox

  • Darjeeling TeaXpress is an e-commerce startup for supplying fresh tea to customers. It was started by Kaushal Dugar in July 2012 aiming to sell fresh Darjeeling tea, which later expanded to include teas from Assam, Nilgiri and Nepal and became TeaBox in 2013.

  • 14 Mar 2014

    Indian startup gets funding to direct tea delivery

    Indian startup gets funding to direct tea delivery
  • TeaBox raised around $1 million in seed funding led by Accel Partners India, along with Singapore's Horizen Ventures, to serve fresh tea packages across the world.

    TeaBox aimed at speedy tea delivery to customers by eradicating the traditional distribution layers of resellers and marketers.

    After 2 years of testing the idea, it developed to replicate the model for targeting consumers in China and Japan.

  • 6 May 2014

    TeaBox introduces online fresh tea subscription service

    TeaBox introduces online fresh tea subscription service
  • TeaBox launched an online subscription scheme where the subscriber received an assortment of 10 different types of tea in an elegant box.

    The subscription cost between $30 and $35/ month (inclusive of shipping) varying on the monthly, half-yearly and annual subscription plan.

    The freshly harvested tea leaves were available to customers along with tasting notes and brewing guidelines.

  • Information

    The growing customer base

  • Since its launch in 2012, TeaBox had shipped 10 million cups' worth of tea to customers in 65 countries including major markets of Russia, the UK and Australia.

  • 25 Mar 2015

    Next round: $6 million from JAFCO

    Next round: $6 million from JAFCO
    Credits:
  • Online tea retailer TeaBox secured US$6 million in its Series A round of funding, led by JAFCO Asia.

    The funding from JAFCO Asia was used primarily to support Teabox's growth in key markets including China, Japan and Korea.

    The funding round also saw the participation of its former investors Accel Partners, Keystone Group LP and Dragoneer Investment Group.

  • 10 Dec 2015

    Billionaire with love for tea supports TeaBox

    Billionaire with love for tea supports TeaBox
  • Texas billionaire, Robert Bass, signed an unusual partnership with the Indian startup TeaBox for the mutual appreciation for tea.

    Bass invested in TeaBox after the startup raised $6 million from the Series A round of funding.

    TeaBox founder confessed that Bass' contribution had given him a 'secret weapon' to disrupt India's $4.8 billion premium tea market within 3 years.

  • Information

    New design makes TeaBox edgy with modern touch

  • Natasha Jen, from Pentagram, used the original stencil typeface and paired it with solid blocks of color for the packaging, inspired from the East India Trading holograms. This made the packages look more edgy and futuristic.

  • 27 Jan 2016

    Ratan Tata invests in tea startup- TeaBox

    Ratan Tata invests in tea startup- TeaBox
    Credits:
  • TeaBox, the online tea retail startup, has raised an undisclosed amount in funding from Ratan Tata, former chief of the Tata Group.

    These funds will help the startup accelerate its growth and expand across the major markets of the world.

    TeaBox aims to offer a new and unique experience to tea customers with its innovations in design, supply chain and technology.

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