About Chai Kings
Chai Kings is a company based in Chennai (India) founded in 2016 by Balaji Sadagopan.. 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 as of April 02, 2024. Chai Kings offers products and services including Variety of Teas and Cafe Services. Chai Kings operates in a competitive market with competitors including Chaayos, Chai Point, Chaiwaale, Tea Post and The Tea Junction, among others.
- Headquarter Chennai, India
- Employees 350 as on 02 Apr, 2024
- Founders Balaji Sadagopan
- Stage Minicorn
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bon Fresh Foods Private Limited
- Date of Incorporation 28 Jul, 2016
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$4.47 M (USD)64.18as on Mar 31, 2023
-
Net Profit
$-142.61 K (USD)49.75as on Mar 31, 2023
-
EBITDA
$8.96 K (USD)107.3as on Mar 31, 2023
-
Total Equity Funding
$4.37 M (USD)
in 3 rounds
-
Latest Funding Round
$3 M (USD), Series A
Mar 17, 2025
-
Investors
The Indus Entrepreneurs
& 65 more
-
Employee Count
350
as on Apr 02, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Chai Kings
Chai Kings offers a comprehensive portfolio of products and services, including Variety of Teas and Cafe Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 3
- Last Round Series A — $3.0M
-
First Round
First Round
(29 Aug 2018)
- Investors Count 66
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Chai Kings | Valuation |
investors |
|
| Oct, 2019 | Amount | Seed - Chai Kings | Valuation | Piyush Bhandari | |
| Aug, 2018 | Amount | Seed - Chai Kings | Valuation | Sriram Subramanya , Lakshmi Narayanan |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Angel network investing in early-stage companies
|
Founded Year | Domain | Location | |
|
Provider of angel network firm
|
Founded Year | Domain | Location | |
|
Angel network focused on multiple sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Chai Kings
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Chai Kings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chai Kings Comparisons
Competitors of Chai Kings
Chai Kings operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Chaayos, Chai Point, Chaiwaale, Tea Post and The Tea Junction, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tea and snacks are served by Chaayos in limited-service restaurants.
|
|
| domain | founded_year | HQ Location |
Authentic chai and snacks are served in limited-service restaurants.
|
|
| domain | founded_year | HQ Location |
A chain of tea cafes is operated in Chennai, India.
|
|
| domain | founded_year | HQ Location |
Limited service restaurants serving premium tea and snacks are operated.
|
|
| domain | founded_year | HQ Location |
Operates as a chain of tea cafes offering quality beverages.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Chai Kings
Frequently Asked Questions about Chai Kings
When was Chai Kings founded?
Chai Kings was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Chai Kings located?
Chai Kings is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Chai Kings a funded company?
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 29, 2018.
How many employees does Chai Kings have?
As of Apr 02, 2024, the latest employee count at Chai Kings is 350.
What is the annual revenue of Chai Kings?
Annual revenue of Chai Kings is $4.47M as on Mar 31, 2023.
What does Chai Kings do?
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.
Who are the top competitors of Chai Kings?
Chai Kings's top competitors include Chaayos, Chai Point and Chai Sutta Bar.
What products or services does Chai Kings offer?
Chai Kings offers Variety of Teas and Cafe Services.
Who are Chai Kings's investors?
Chai Kings has 66 investors. Key investors include The Indus Entrepreneurs, The Chennai Angels, Hyderabad Angels, GKM Tax Advisors, and TSM Cars.
What is Chai Kings's valuation?
The valuation of Chai Kings is $5.77M as of Oct 2019.