14.98.12.182 (talk) Company Address Tag: Visual edit |
Azuredivay (talk | contribs) No edit summary Tags: nowiki added Visual edit |
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| founder = Amuleek Singh Bijral |
| founder = Amuleek Singh Bijral |
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| hq_location = Umiya Emporium, No. 97, 2nd floor, Hosur Manin Road, |
| hq_location = Umiya Emporium, No. 97, 2nd floor, Hosur Manin Road, |
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| hq_location_city = [[Bengaluru |
| hq_location_city = [[Bengaluru]] 560029, [[Karnataka]] |
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| hq_location_country = [[India]] |
| hq_location_country = [[India]] |
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| num_locations = 104 |
| num_locations = 104 |
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}} |
}} |
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'''Chai Point''' is an [[India]]n tea company and a cafe chain which focus on the tea-based beverages. |
'''Chai Point''' is an [[India]]n [[tea]] company and a cafe chain which focus on the tea-based beverages. |
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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. |
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. |
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== History == |
== History == |
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Chai Point was founded in [[Bangalore]], India in 2010. The name Chai Point is derived from the word [[Tea|Chai]] which is the Hindi word for tea.<ref>{{cite web|url=http://chaipoint.com/about.html|title=Get your favourite Chai delivered in 30 mins - Chai Point|website=chaipoint.com}}</ref> |
Chai Point was founded in [[Bangalore|Bengaluru]], [[Karnataka]], [[India]] in 2010. The name Chai Point is derived from the word [[Tea|Chai]] which is the [[Hindi]] word for tea.<ref>{{cite web|url=http://chaipoint.com/about.html|title=Get your favourite Chai delivered in 30 mins - Chai Point|website=chaipoint.com}}</ref> |
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== Products == |
== Products == |
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== Locations == |
== Locations == |
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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 '[http://boxc.in/ BoxC.in]' focused primarily at corporation. |
Chai Point has presence in eight [[List of cities in India by population|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''<nowiki/>' and a vending [[kiosk]] based solution called '[http://boxc.in/ BoxC.in]' focused primarily at corporation. |
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==Investors== |
==Investors== |
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Chai Point raised a total of $10 million in round one of funding in September, 2015. Key investors in Chai Point include:<ref>{{cite web|url=https://www.crunchbase.com/organization/chai-point#/entity|title=Chai Point - Crunchbase|website=Crunchbase}}</ref>. On April 19, 2018, tea retailer Chai Point said it had raised |
Chai Point raised a total of [[Indian rupee|₹]]71.2 [[crore]] ($10 million) in round one of funding in September, 2015. Key investors in Chai Point include:<ref>{{cite web|url=https://www.crunchbase.com/organization/chai-point#/entity|title=Chai Point - Crunchbase|website=Crunchbase}}</ref>. On April 19, 2018, tea retailer Chai Point said it had raised [[Indian rupee|₹]]132 [[crore]] ($20 million) in series C funding, its single-largest round so far.<ref>{{cite web|url=https://www.business-standard.com/article/companies/chai-point-to-invest-up-to-rs-120-mn-add-30-stores-in-fy19-118062200948_1.html|title=Chai Point to invest up to Rs 120 mn, add 30 stores in FY19|last=|first=|date=2018-06-22|website=Business Standard|url-status=live|archive-url=|archive-date=|access-date=2019-10-27}}</ref> |
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* Eight Road Ventures (Lead Investor, formerly [[Fidelity]] Growth Partners India) |
* Eight Road Ventures (Lead Investor, formerly [[Fidelity]] Growth Partners India) |
Revision as of 04:38, 24 December 2019
Company type | Privately held |
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Industry | Food & Beverage |
Founded | 2010 |
Founder | Amuleek Singh Bijral |
Headquarters | Umiya Emporium, No. 97, 2nd floor, Hosur Manin Road,, , |
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]
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.
{{cite web}}
: CS1 maint: url-status (link) - ^ "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.
{{cite news}}
: CS1 maint: others (link)