About Chai Kings
Chai Kings is a Consumer company based in Chennai (India) founded in 2016 by Balaji Sadagopan. Chain of limited service restaurant serving tea and snacks. Chai Kings has raised $4.37 million across 3 funding rounds from investors including The Indus Entrepreneurs, The Chennai Angels and Hyderabad Angels. The company has 350 employees. Chai Kings was last valued at $5.77 million in October 2019. Its website chaikings.com draws about 16 thousand monthly visits. Its Indian entity Bon Fresh Foods Private Limited reported revenue of ₹44.04 Cr. Chai Kings offers products and services including Variety of Teas and Cafe Services. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Limited Service. Its competitors include Chaayos, Chai Point and Chaiwaale; 3 of its 3 listed competitors have raised funding.
Company details
Chai Kings was established in 2016 in Chennai, India, as a chain of limited-service restaurants focused on the food and beverage sector. A range of teas, including milk, black, herbal, and iced varieties, is offered alongside snacks. Flavors such as ginger, masala, sulaimani, dum, lemon, hibiscus, tulsi, and apple julep are provided. Operations are centered in India, with co-founders Balaji Sadagopan serving as COO and Cedarrampattu S Mohan involved.
- Headquarters Chennai, India
- Employees 350
- Founders Balaji Sadagopan
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Website chaikings.com
- Social LinkedIn X Facebook
- Legal Name Bon Fresh Foods Private Limited
- Date of Incorporation 28 Jul, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹44.04 Cr
FY 2024 · +18% YoY
- Net Loss-₹80.2 Lakh
FY 2024 · -2% margin
- EBITDA₹78.9 Lakh
FY 2024 · 2% margin
- Total Equity Funding$4.37M (USD)
in 3 rounds
- Latest Funding Round$3M (USD), Series A
Mar 2025
- InvestorsThe Indus Entrepreneurs
& 65 more
- Employee Count350
Associated legal entities of Chai Kings
Chai Kings operates through Bon Fresh Foods Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bon Fresh Foods Private Limited CIN U15131TN2016PTC111709 | Active | 28 Jul 2016 | Chennai, Tamil Nadu | ₹44.0 Cr | 350 | 3 | View details |
Products & Services of Chai Kings
Chai Kings offers a comprehensive portfolio of products and services, including Variety of Teas and Cafe Services.
Offers flavored teas like ginger and masala for tea lovers.
Provides tea shop experiences and event-based offerings.
Funding Insights of Chai Kings
Chai Kings has successfully raised a total of $4.37M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.37M
- Total Rounds 3
- Last Round Series A — $3M
- First Round $297,508
(Aug 2018)
- Investors Count 66
All 3 funding rounds of Chai Kings with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $3M | Series A | – | – | |
| Oct 2019 | $1.07M | Seed | $5.77M | Piyush Bhandari | |
| Aug 2018 | $297,508 | Seed | $881,179 | Sriram Subramanya, Lakshmi Narayanan |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2019 | $5.77M | •••••••• |
Last known valuation $5.77M (Oct 2019). 66 investors in total: 18 institutional and 48 angel.
Investors in Chai Kings
Chai Kings has secured backing from 66 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include The Indus Entrepreneurs, The Chennai Angels and Hyderabad Angels.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network investing in early-stage companies | 2010 | hyderabadangels.in | Hyderabad, India | |
Provider of angel network firm | 1992 | tie.org | Sunnyvale, United States | |
Angel network focused on multiple sectors | 2007 | thechennaiangels.com | Chennai, India | |
Investments are managed by T R Santhanakrishnan's office in Mauritius. | ktaru.com | Ebene City, Mauritius | ||
Investing and mentoring technology startups in India with a focus on IOT, Predictive Analytics, and Connected Technologies. | 2015 | ms2ventures.com | Chennai, India | |
Investment consulting and equity investments based in India. | 2010 | triasr.com | Chennai, India | |
Investment-focused NBFC managing equity, debt, and private equity portfolios. | acsysindia.com | Chennai, India | ||
Early-stage startups are funded by Casa Grand-backed Propel Holdings. | propelholdings.in | Chennai, India | ||
Limited information available | Chennai, India | |||
Radio, television, and entertainment products are exported internationally. | Chennai, India |
Investor details for Chai Kings
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Board of directors of Bon Fresh Foods Private Limited (Chai Kings)
Bon Fresh Foods Private Limited is the primary company behind Chai Kings. The board of Bon Fresh Foods Private Limited currently have 3 directors; the longest-serving is Sadagopan Balaji, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sadagopan Balaji DIN 07485814 | Director | 28 Jul 2016 | 10 yrs 3 mo | Bon Fresh Foods Private Limited |
| Mohamed Yusuff Jahabar Sadique DIN 05223992 | Director | 28 Jul 2016 | 10 yrs 3 mo | Bon Fresh Foods Private Limited |
| Piyush Bhandari DIN 00362706 | Director | 29 Aug 2018 | 8 yrs 2 mo | Bon Fresh Foods Private Limited |
People of Chai Kings
2 people are tracked at Chai Kings (2 in leadership); the tracked headcount is 350.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
Cedarrampattu S Mohan | Leadership |
Complete people profiles for Chai Kings
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Financials of Chai Kings
Figures of Bon Fresh Foods Private Limited, the primary company behind Chai Kings, for FY 2024. Revenue was ₹44.04 Cr (+18% year on year). Net loss was -₹80.2 Lakh (-2% margin). EBITDA was ₹78.9 Lakh (2% margin). Revenue has grown at a compounded annual rate of +47% over three years and +44% over five years.
- ₹44.04 CrRevenue · FY 2024 · +18% YoY
- -₹80.2 LakhNet loss · -2% margin
- ₹78.9 LakhEBITDA · 2% margin
- ₹2.83 CrPaid-up capital
- 350Employees (provident fund records)
- +47%Revenue CAGR, 3 years
- +44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bon Fresh Foods Private Limited are on its company page.
Detailed financial statements for Chai Kings
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Chai Kings
4 dated milestones of Chai Kings across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Chai Kings is founded.
- Funding First funding round of $298K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.0M.
Competitors of Chai Kings
Chai Kings has 3 listed competitors in our database, 3 of them funded. They include Chaayos, Chai Point and Chaiwaale.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chaayos.com | 2012 | Delhi, India | $93.8M | 2,379 | Tea and snacks are served by Chaayos in limited-service restaurants. | |
| chaipoint.com | 2010 | Bengaluru, India | $79.98M | 1,229 | Authentic chai and snacks are served in limited-service restaurants. | |
| chaiwaale.com | 2019 | Chennai, India | $2.02M | 20 | A chain of tea cafes is operated in Chennai, India. |
Detailed competitors of Chai Kings
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Web traffic of Chai Kings
The website of Chai Kings (chaikings.com) receives about 16.2K visits a month.
- Monthly visits16.2K
▲ 215.7% vs previous month
Top companies in Food Service Chains
2 companies that operate in the same segment as Chai Kings (Food Service Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.23 M | USD 31.69 M | 2,075 |
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Frequently Asked Questions about Chai Kings
Chai Kings was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Chai Kings is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Chai Kings is a funded company, having raised a total of $4.37M across 3 funding rounds to date. The company's 1st funding round was a Seed of $297.51K, raised on Aug 2018.
Chai Kings has 350 employees.
The primary company behind Chai Kings, Bon Fresh Foods Private Limited, reported revenue of ₹44.04 Cr for FY 2024, up 18% year on year.
Chai Kings was established in 2016 in Chennai, India, as a chain of limited-service restaurants focused on the food and beverage sector. A range of teas, including milk, black, herbal, and iced varieties, is offered alongside snacks. Flavors such as ginger, masala, sulaimani, dum, lemon, hibiscus, tulsi, and apple julep are provided. Operations are centered in India, with co-founders Balaji Sadagopan serving as COO and Cedarrampattu S Mohan involved.
Chai Kings's top competitors include Chaayos, Chai Point and Chaiwaale.
Chai Kings offers Variety of Teas and Cafe Services.
Chai Kings has 66 investors. Key investors include The Indus Entrepreneurs, The Chennai Angels, Hyderabad Angels, GKM Tax Advisors, and TSM Cars.
The valuation of Chai Kings is $5.77M as of Oct 2019.
Chai Kings operates through Bon Fresh Foods Private Limited.
The legal entities of Chai Kings currently have 3 directors, including Piyush Bhandari, Sadagopan Balaji, Mohamed Yusuff Jahabar Sadique.