About Cherise Tapri
Cherise Tapri is a Consumer company based in Mumbai (India) founded in 2019 by Parimal K Shah. It operates as a tea and coffee-making machines are provided via an online platform. It operates in the Consumer, Retail, and Technology sectors. Cherise Tapri has raised $6.27 million across 7 funding rounds from investors including Shiv Aum Steels, Baywatch and Rush Techmart Solutions. The company has 141 employees. Cherise Tapri was last valued at $13.55 million in January 2023. Its chief executive is Parimal K Shah. Its Indian entity Cherise (India) Private Limited reported revenue of ₹140 Cr. Its focus areas include Food and Agriculture Tech, Food Tech, Innovative Restaurants and Vending Machines. Its competitors include Daalchini, Vendekin, NutriTap, Vendiman and Azgo and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 141
- Founders Parimal K Shah
- Stage Minicorn
- SectorsConsumerRetail Technology
- Email••••••••
- Phone•••• ••••
- Website cherisetapri.com
- Social LinkedIn X Facebook
- Legal Name Cherise (India) Private Limited
- Date of Incorporation 16 Nov, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹140 Cr
FY 2025 · +55% YoY
- Net Profit₹13.95 Cr
FY 2025 · 10% margin
- EBITDA₹35.31 Cr
FY 2025 · 25% margin
- Total Equity Funding$6.27M (USD)
in 7 rounds
- Latest Funding Round$204.72K (USD), Angel Round
May 2026
- InvestorsShiv Aum Steels
& 30 more
- Employee Count141
Associated legal entities of Cherise Tapri
Cherise Tapri operates through Cherise (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cherise (India) Private Limited CIN U74999MH2018PTC317161 | Active | 16 Nov 2018 | Mumbai, Maharashtra | ₹140 Cr | 141 | 4 | View details |
Funding Insights of Cherise Tapri
Cherise Tapri has successfully raised a total of $6.27M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $204.72 thousand completed in May 2026. 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 $6.27M
- Total Rounds 7
- Last Round Angel Round — $204,724
- First Round $396,430
(Jan 2021)
- Investors Count 31
All 7 funding rounds of Cherise Tapri 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 |
|---|---|---|---|---|---|
| May 2026 | $204,724 | Angel Round | – | – | – |
| May 2026 | $204,724 | Angel Round | – | – | – |
| Oct 2025 | $2.79M | Seed | – | Mukesh Panjwani, Lords Multigrowth Fund | |
| Sep 2025 | $644,833 | Angel Round | – | Swati Gupta | |
| Jan 2023 | $1.84M | Seed | $13.55M | Rush Techmart Solutions | – |
| Jan 2021 | $191,619 | Seed | – | M K Jokai Agri Plantations | – |
| Jan 2021 | $396,430 | Seed | $4.52M | Shiv Aum Steels, Baywatch |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2023 | $13.55M | •••••••• |
| Jan 2021 | $4.52M | •••••••• |
Last known valuation $13.55M (Jan 2023). 31 investors in total: 11 institutional and 20 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | nexusequity.in | - | |
Venture capital firm investing in multiple sectors | – | saintcapitalfund.com | - | |
- | – | rushtechmartsolutions.tcc.mode | - | |
AA Agnelorajesh Athaide | - | – | unknown_cdd73a861afd4be6b | - |
MP Mukesh Panjwani | - | – | unknown_4aab1ddbbe744ec3a | - |
VP Vandana Panjwani | - | – | unknown_70759402194a40979 | - |
KP Kirti Pinjwani | - | – | unknown_ae367cd00d7e4f028 | - |
YK Yash Kejriwal | - | – | unknown_57fe586a0cc0443cb | - |
CR Chandani Rathi | - | – | unknown_22ff83b592b04e698 | - |
KC Kunal Chaudhary | - | – | unknown_57d74dcc8b524682b | - |
Investor details for Cherise Tapri
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cherise (India) Private Limited (Cherise Tapri)
Cherise (India) Private Limited is the primary company behind Cherise Tapri. The board of Cherise (India) Private Limited currently have 2 directors; the longest-serving is Parimal Kalpesh Shah, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parimal Kalpesh Shah DIN 06719715 | Director | 16 Nov 2018 | 7 yrs 11 mo | Cherise (India) Private Limited |
| Pawan Mundhra DIN 09156105 | Director | 23 Apr 2021 | 5 yrs 5 mo | Cherise (India) Private Limited |
People of Cherise Tapri
2 people are tracked at Cherise Tapri (2 in leadership); the tracked headcount is 141.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
| Director | Leadership |
Complete people profiles for Cherise Tapri
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Cherise Tapri
Figures of Cherise (India) Private Limited, the primary company behind Cherise Tapri, for FY 2025. Revenue was ₹140 Cr (+55% year on year). Net profit was ₹13.95 Cr (10% margin). EBITDA was ₹35.31 Cr (25% margin). Revenue has grown at a compounded annual rate of +105% over three years and +232% over five years.
- ₹140 CrRevenue · FY 2025 · +55% YoY
- ₹13.95 CrNet profit · 10% margin
- ₹35.31 CrEBITDA · 25% margin
- ₹7.76 CrPaid-up capital
- 141Employees (provident fund records)
- +105%Revenue CAGR, 3 years
- +232%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cherise (India) Private Limited are on its company page.
Detailed financial statements for Cherise Tapri
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cherise Tapri
4 dated milestones of Cherise Tapri across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Cherise Tapri is founded.
- Funding First funding round of $396K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $205K.
Competitors of Cherise Tapri
Cherise Tapri has 8 listed competitors in our database, 7 of them funded. They include Daalchini, Vendekin, NutriTap, Vendiman and Azgo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| daalchini.co.in | 2017 | Noida, India | $6.73M | 110 | Online platform offering smart vending machine retail solutions | |
| vendekin.com | 2015 | Pune, India | $4.2M | 66 | Cashless vending solutions are integrated for smart product dispensing. | |
| nutritap.in | 2018 | Gurugram, India | $2.24M | 55 | Smart vending machines for corporates are supplied by NutriTap. | |
| vendiman.com | 2013 | Mumbai, India | $11.37M | 105 | Vendiman is recognized as a leading vending machine supplier in India. | |
| azgo.app | 2014 | Bengaluru, India | $1.74M | 11 | IoT-powered snack vending machines for offices | |
| cheriseglobal.com | 2018 | Mumbai, India | – | 131 | Offers a direct-to-consumer brand of multi-category tea products and accessories. | |
| gofrshly.com | 2013 | Chennai, India | $4M | 7 | Vending machines dispensing prepared meals | |
| niflr.com | 2017 | Bengaluru, India | $680,357 | – | Omnichannel grocery retail is operated through self-checkout stores. |
Detailed competitors of Cherise Tapri
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cherise Tapri
The website of Cherise Tapri (cherisetapri.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 19.1% vs previous month
Top companies in Food & Beverage Platforms
10 companies that operate in the same segment as Cherise Tapri (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 7,780 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 590.8 M | – | – | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 1.15 B | USD 6.15 B | 5,700 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – | |
Food delivery services are offered in major Indian cities. | 2012 | Mumbai, Maharashtra, India | USD 97.72 M | USD 39.01 M | 3,150 |
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
Related news about Cherise Tapri
Complete news archive for Cherise Tapri
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cherise Tapri
Cherise Tapri was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Cherise Tapri is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Parimal K Shah is the current CEO of Cherise Tapri. They have also founded this company.
Cherise Tapri is a funded company, having raised a total of $6.27M across 7 funding rounds to date. The company's 1st funding round was a Seed of $396.43K, raised on Jan 2021.
Cherise Tapri has 141 employees.
The primary company behind Cherise Tapri, Cherise (India) Private Limited, reported revenue of ₹140 Cr for FY 2025, up 55% year on year.
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.
Cherise Tapri has 31 investors. Key investors include Shiv Aum Steels, Baywatch, Rush Techmart Solutions, Agnelorajesh Athaide, and M K Jokai Agri Plantations.
The valuation of Cherise Tapri is $13.55M as of Jan 2023.
Cherise Tapri operates through Cherise (India) Private Limited.
The legal entities of Cherise Tapri currently have 4 directors, including Pawan Mundhra, Parimal Kalpesh Shah, Vishnu Salunke and others.