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Tea retailer Chai Kings raises $1 mn seed funding

Tea retailer Chai Kings raises $1 mn seed funding

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Bon Fresh Food, the operator of omni-channel tea retailer Chai Kings, has raised $1 million in a seed round led by returning investor and local angel investment network Chennai Angels.

The round also saw participation from new investors — also angel investment networks — Hyderabad Angels and TiE India Angels, according to a statement by Chennai Angels on Tuesday.

This is the second round of investment at the Chennai-based startup, which last raised an angel fundraise of about $0.3 million (Rs 2 crore) in 2018.

Source: techcircle.in
Anand Gupta Editor - EQ Int'l Media Network

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