So far, Chai Point has raised roughly $13 million in funding. Chai Point founder and CEO Amuleek Singh Bijral did not respond to a request for comment. At the moment, Chai Point has nearly 100 outlets across Bengaluru, Mumbai, Delhi, Hyderabad and Pune, with plans to enter Chennai and other cities soon. India is one of the world’s biggest tea markets and Chai Point plans to double down on what is estimated to be a multi-million dollar opportunity. Chai Point, which was started by Bijral in December 2010, currently targets the white-collar segment primarily through its outlets, home delivery services and recently launched vending machines, which are located inside the offices of leading corporates.

Source: Mint April 08, 2018 17:26 UTC