About Cherise Tapri
Cherise Tapri is a company based in Mumbai (India) founded in 2019 by Parimal K Shah.. Cherise Tapri has raised $5.86 million across 5 funding rounds from investors including Shiv Aum Steels, Baywatch and Rush Techmart Solutions. The company has 141 employees as of April 07, 2024. Cherise Tapri operates in a competitive market with competitors including Daalchini, Vendekin, NutriTap, Vendiman and Azgo, among others.
- Headquarter Mumbai, India
- Employees 141 as on 07 Apr, 2024
- Founders Parimal K Shah
- Stage Minicorn
-
Sectors
ConsumerRetail Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Cherise (India) Private Limited
- Date of Incorporation 16 Nov, 2018
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$1.96 M (USD)161.86as on Mar 31, 2022
-
Net Profit
$180.46 K (USD)166.48as on Mar 31, 2022
-
EBITDA
$444.5 K (USD)213.97as on Mar 31, 2022
-
Total Equity Funding
$5.86 M (USD)
in 5 rounds
-
Latest Funding Round
$2.79 M (USD), Seed
Oct 31, 2025
-
Investors
Shiv Aum Steels
& 30 more
-
Employee Count
141
as on Apr 07, 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
Funding Insights of Cherise Tapri
Cherise Tapri has successfully raised a total of $5.86M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.79 million completed in October 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 5
- Last Round Seed — $2.8M
-
First Round
First Round
(25 Jan 2021)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Seed - Cherise Tapri | Valuation | Mukesh Panjwani , Lords Multigrowth Fund | |
| Sep, 2025 | Amount | Angel Round - Cherise Tapri | Valuation | Swati Gupta | |
| Jan, 2023 | Amount | Seed - Cherise Tapri | Valuation | Rush Techmart Solutions |
|
| 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 Cherise Tapri
Cherise Tapri has secured backing from 31 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Shiv Aum Steels, Baywatch and Rush Techmart Solutions. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in multiple sectors
|
Founded Year | Domain | Location | |
|
-
|
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 Cherise Tapri
| 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 - Cherise Tapri
| 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 |
Cherise Tapri Comparisons
Competitors of Cherise Tapri
Cherise Tapri 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 Daalchini, Vendekin, NutriTap, Vendiman and Azgo, 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 |
Online platform offering smart vending machine retail solutions
|
|
| domain | founded_year | HQ Location |
Cashless vending solutions are integrated for smart product dispensing.
|
|
| domain | founded_year | HQ Location |
Smart vending machines for corporates are supplied by NutriTap.
|
|
| domain | founded_year | HQ Location |
Vendiman is recognized as a leading vending machine supplier in India.
|
|
| domain | founded_year | HQ Location |
IoT-powered snack vending machines for offices
|
| 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 Cherise Tapri
Frequently Asked Questions about Cherise Tapri
When was Cherise Tapri founded?
Cherise Tapri was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Cherise Tapri located?
Cherise Tapri is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Cherise Tapri?
Parimal K Shah is the current CEO of Cherise Tapri. They have also founded this company.
Is Cherise Tapri a funded company?
Cherise Tapri is a funded company, having raised a total of $5.86M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.84M, raised on Jan 25, 2021.
How many employees does Cherise Tapri have?
As of Apr 07, 2024, the latest employee count at Cherise Tapri is 141.
What is the annual revenue of Cherise Tapri?
Annual revenue of Cherise Tapri is $1.96M as on Mar 31, 2022.
What does Cherise Tapri do?
Cherise Tapri was established in 2019 in Mumbai, India, as an online platform focused on tea and coffee-making machines. Operations center on supplying brewing equipment to users interested in authentic flavors and ease of use. A selection of machines tailored to diverse preferences is maintained, supporting preparation of various beverages. The platform functions within the consumer goods sector, with services accessible through cherisetapri.com.
Who are the top competitors of Cherise Tapri?
Who are Cherise Tapri's investors?
Cherise Tapri has 31 investors. Key investors include Shiv Aum Steels, Baywatch, Rush Techmart Solutions, Agnelorajesh Athaide, and M K Jokai Agri Plantations.
What is Cherise Tapri's valuation?
The valuation of Cherise Tapri is $13.55M as of Jan 2023.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.