This little online tea retailer just received a million dollar funding. Know why
Advertisement
Advertisement
For many of us “tea acts like a magical key for vault where our brain is kept,” and perhaps this perception must have inspired Kushal Dugar, a former According to Kushal Dugar, Teabox founder, "We are looking to invest in the cold storage facilities in close proximity to the plantations in Darjeeling, Guwahati and Nilgiri - the three prime tea plantation regions in the country ," Dugar told ET. And in the next two months, Teabix plans to hire 40 to 60 people, he revealed.
Teabox has a separate technology and marketing team based in Bengaluru, which helps the e-tailer to carry out a smooth selling process online to cater its customers in 75 countries. This online tea seller sources tea from more than 200 plantations in India, the financial daily added.
"Teabox's disruptive business model is highly scalable and allows complete control of the customer experience. JAFCO's expertise across different markets will add significant value to Teabox in the coming months," Supriya Singh, an associate director at JAFCO, told ET.
American billionaire
Advertisement
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market