DC Advisory India is pleased to announce that its client Chai Point (Mountain Trail Foods Pvt. Ltd.), India’s leading omni-channel tea brand, has received a Series C growth investment to further expand its business from Paragon Partners and its existing investors, Eight Roads, Saama Capital& DSG Consumer Partners.
Chai Point is focused on owing the “ritual of chai” for the white-collar segment through its multi-channel go-to-market strategy consisting of: stores, online deliveries and IOT enabled integrated chai and coffee dispensers. Chai Point’s revenues have grown 300% over the past two years and this current growth financing round enables the company to further accelerate its growth trajectory going forward.
The Consumer, Retail & Leisure practice at DC Advisory India strives to be the advisor of choice to companies in the E-Commerce, Food, Beverage & Agriculture and Travel sectors globally.
It was a pleasure working with the DC Advisory India team led by Klaas Oskam and Meherzad Kelawala. The team has profound knowledge of the consumer sector, understood our business and executed a robust end-to-end process. They worked tirelessly and provided valuable guidance and support during the entire process, helping us realize the desired growth financing round.