About Chai Thela
Chai Thela is a company based in Noida (India) founded in 2014 was acquired by South Asian Enterprises in August 2021. Chai Thela has raised $228.99 thousand across 1 funding round from investors including Quarizon, South Asian Enterprises and GEMS Advisory. The company has 34 employees as of March 22, 2024. Chai Thela offers products and services including Chai, Pizza, Pancake, Burger, and Salad. Chai Thela operates in a competitive market with competitors including Chaayos, Chai Point, Chaiwaale, Chai Kings and Tea Post, among others.
- Headquarter Noida, India
- Employees 34 as on 22 Mar, 2024
- Stage Minicorn
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Chai Thela Private Limited
- Date of Incorporation 04 Jun, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$470.01 K (USD)104.76as on Mar 31, 2022
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Net Profit
-$197.75 K (USD)-59.46as on Mar 31, 2022
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EBITDA
-$125.88 K (USD)-10.04as on Mar 31, 2022
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Total Equity Funding
$228.99 K (USD)
in 1 rounds
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Latest Funding Round
$228.99 K (USD), Seed
Nov 29, 2016
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Investors
Quarizon
& 2 more
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Employee Count
34
as on Mar 22, 2024
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Acquired by
South Asian Enterprises
(Aug 24, 2021)
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Products & Services of Chai Thela
Chai Thela offers a comprehensive portfolio of products and services, including Chai, Pizza, Pancake, Burger, and Salad.
Hygienic tea with exotic flavors and natural ingredients
Spicy pizza served as a snack option
Delicious pancake stack for quick meals
Spicy burger with various fillings
Fresh salad as a healthy side dish
Funding Insights of Chai Thela
Chai Thela has successfully raised a total of $228.99K through 1 strategic funding round. The most recent funding activity was a Seed round of $228.99 thousand completed in November 2016. 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.
Investors in Chai Thela
Chai Thela has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Quarizon, South Asian Enterprises and GEMS Advisory.
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Early & growth stage tech-focused Accelerator and VC firm investing primarily in India
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Corporate advisory services are provided to businesses by GEMS Advisory.
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Earthing compounds, lightning arresters, and surge protection devices are supplied.
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Investor details for Chai Thela
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Investments & Acquisitions by Chai Thela
Investment portfolio details for Chai Thela
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Financial Statements - Chai Thela
Detailed financials for Chai Thela
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Chai Thela Comparisons
Peer comparison for Chai Thela
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Competitors of Chai Thela
Chai Thela 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, Chai Kings and Tea Post, among others.
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Tea and snacks are served by Chaayos in limited-service restaurants.
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Authentic chai and snacks are served in limited-service restaurants.
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A chain of tea cafes is operated in Chennai, India.
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Chain of limited service restaurant serving tea and snacks
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Limited service restaurants serving premium tea and snacks are operated.
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Operates as a chain of tea cafes offering quality beverages.
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Detailed competitors of Chai Thela
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Latest news on Chai Thela
Complete news archive for Chai Thela
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Frequently Asked Questions about Chai Thela
Chai Thela was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Chai Thela is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Chai Thela is a funded company, having raised a total of $228.99K across 1 funding round to date.
As of Mar 22, 2024, the latest employee count at Chai Thela is 34.
Annual revenue of Chai Thela is $470.01K as on Mar 31, 2022.
Chai Thela is a chain of snack and tea house. Serves 25 different varieties of tea. Currently present in 6 locations in Delhi. Plans to have pan India presence. Claims to prepare tea on demand and try to refrain from storing tea in flasks as much as possible. Chai Thela has a kiosk-based model, and its focused on IT parks and colleges as their prime market. As of November 2014, sells 500-600 cups every day. Plans to open 1000 outlets across India in 5 years. Raised a seed funding of 218k in Nov16 from Quarizon.
Chai Thela's top competitors include Chaayos, Chai Point and Chai Kings.
Chai Thela offers Chai, Pizza, Pancake, Burger, and Salad.
Chai Thela has 3 investors. Key investors include Quarizon, South Asian Enterprises, and GEMS Advisory.
The valuation of Chai Thela is $1.27M as of Nov 2016.