Chai Point

Chai Point
	Chai Point Logo
Type	Privately held
Industry	Food & Beverage
Founded	2010
Founder	Amuleek Singh Bijral
Headquarters	Umiya Emporium, No. 97, 2nd floor, Hosur Main Road,, Bengaluru 560029, Karnataka, India
Number of locations	104 (May 2018)
Area served	India
Key people	Amuleek Singh Bijral (CEO)
Products	Tea beverages, shakes, snacks, sandwiches, packaged foods, hot beverage dispensers, packaged teas
Number of employees	1200+ (2017)
Parent	Mountain Trail Foods Pvt. Ltd.
Website	Chai Point; BoxC

Chai Point is an Indian tea company and a cafe chain which focus on the tea-based beverages.

As of October, 2017, the company also started selling their teas on Amazon.in, making it their first foray into distribution via the e-commerce platform.

History

Chai Point was founded in Bengaluru, Karnataka, India in 2010. The name Chai Point is derived from the word Chai which is the Hindi word for tea.[1]

Products

Tea is the major product. Snacks such as samosas are also sold.[2]

Locations

Chai Point has presence in eight Indian cities with presence across retail locations, airports, and business parks. In addition to physical format stores, the chain has a delivery service branded as 'Chai-on-call' and a vending kiosk based solution called 'BoxC.in' focused primarily at corporation.

Investors

Chai Point raised a total of ₹71.2 crore ($10 million) in round one of funding in September, 2015. Key investors in Chai Point include:[3]. On April 19, 2018, tea retailer Chai Point said it had raised ₹132 crore ($20 million) in series C funding, its single-largest round so far.[4]

Eight Road Ventures (Lead Investor, formerly Fidelity Growth Partners India)
DSG Investors
Saama Capital
Paragon Partners [5][6]

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References

"Get your favourite Chai delivered in 30 mins - Chai Point". chaipoint.com.
Borah, Prabalika M. (30 November 2017). "Tea at Chai point". The Hindu. ISSN 0971-751X. Retrieved 27 October 2019.
"Chai Point - Crunchbase". Crunchbase.
"Chai Point to invest up to Rs 120 mn, add 30 stores in FY19". Business Standard. 22 June 2018. Retrieved 27 October 2019.
"Chai Point raises $20 million in Series C funding from Paragon Partner". www.livemint.com.
"Chai Point gets $20 million fresh funds from Paragon Partners-led investors". The Hindu. Special Correspondent. 19 April 2018. ISSN 0971-751X. Retrieved 27 October 2019.CS1 maint: others (link)

External links

Instagram account

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[1] "Get your favourite Chai delivered in 30 mins - Chai Point". chaipoint.com.

[2] Borah, Prabalika M. (30 November 2017). "Tea at Chai point". The Hindu. ISSN 0971-751X. Retrieved 27 October 2019.

[3] "Chai Point - Crunchbase". Crunchbase.

[4] "Chai Point to invest up to Rs 120 mn, add 30 stores in FY19". Business Standard. 22 June 2018. Retrieved 27 October 2019.

[5] "Chai Point raises $20 million in Series C funding from Paragon Partner". www.livemint.com.

[6] "Chai Point gets $20 million fresh funds from Paragon Partners-led investors". The Hindu. Special Correspondent. 19 April 2018. ISSN 0971-751X. Retrieved 27 October 2019.CS1 maint: others (link)