About Jade Forest
Jade Forest is a company based in Gurugram (India) founded in 2018 by Shuchir Suri and Punweet Singh. Jade Forest has raised $1.25 million across 2 funding rounds from investors including Angel List, Mumbai Angels and Wellfound. Jade Forest offers products and services including Berry Blush Iced Tea, Citrus Crush Iced Tea, Mango Lush Iced Tea, Original Ginger Ale, and Grapefruit Tonic Water. Jade Forest operates in a competitive market with competitors including Brewhouse Tea, Plant Yum, Laval Green Tea and Kehwah, among others.
- Headquarter Gurugram, India
- Founders Shuchir Suri, Punweet Singh
- Stage Minicorn
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Sectors
ConsumerRetail
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Email
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Phone
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Website
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Social
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- Legal Name Pureearth Beverages Private Limited
- Date of Incorporation 14 May, 2018
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$827.63 K (USD)222.69as on Mar 31, 2023
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Net Profit
-$466.2 K (USD)-59.51as on Mar 31, 2023
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EBITDA
-$397.63 K (USD)-62.83as on Mar 31, 2023
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Total Equity Funding
$1.25 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
Nov 10, 2021
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Investors
Angel List
& 73 more
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Employee Count
Employee Count
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Products & Services of Jade Forest
Jade Forest offers a comprehensive portfolio of products and services, including Berry Blush Iced Tea, Citrus Crush Iced Tea, Mango Lush Iced Tea, Original Ginger Ale, and Grapefruit Tonic Water.
Low-sugar iced tea with real ingredients for refreshing consumption.
Light, low-calorie tea option with natural flavors for daily use.
Fruit-infused, low-sugar tea designed for health-conscious drinkers.
Non-alcoholic mixer with real ingredients for versatile mixing.
Low-calorie tonic water made with honest, natural components.
Refreshing, sugar-reduced tonic for beverage enthusiasts.
Light tonic water with fresh flavors for everyday enjoyment.
Traditional tonic adapted for low-sugar, health-focused preferences.
Basic, low-calorie soda for mixing in various drinks.
Funding Insights of Jade Forest
Jade Forest has successfully raised a total of $1.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in November 2021. 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 2
- Last Round Seed — $1.0M
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First Round
First Round
(28 Oct 2020)
- Investors Count 74
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Jade Forest | Valuation | Mumbai Angels , Capri Global Capital | |
| Oct, 2020 | Amount | Seed - Jade Forest | Valuation | Wellfound , Navnit Singh |
Investors in Jade Forest
Jade Forest has secured backing from 74 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Mumbai Angels and Wellfound.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location | |
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Startups across sectors are accelerated through dedicated programs.
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Private equity investments are focused on multiple sectors.
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Investments & Acquisitions by Jade Forest
Financial Statements - Jade Forest
Jade Forest Comparisons
Competitors of Jade Forest
Jade Forest 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 Brewhouse Tea, Plant Yum, Laval Green Tea and Kehwah, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Organic ice tea is offered online by Brewhouse Tea.
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| domain | founded_year | HQ Location |
An online-first brand specializing in tea and coffee premixes.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand specializing in high-quality green tea.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering high-quality instant green teas.
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Latest news on Jade Forest
Frequently Asked Questions about Jade Forest
Jade Forest was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Jade Forest is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Jade Forest is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Oct 28, 2020.
Annual revenue of Jade Forest is $827.63K as on Mar 31, 2023.
Jade Forest was established in 2018 as a beverage brand specializing in tonic water. Operations are based in Gurugram, India, with the domain jadeforest.in serving as the online presence. The company was co-founded by Shuchir Suri and Punweet Singh, who hold designations as co-founders. Focus is placed on the non-alcoholic beverage sector, targeting distribution within India.
Jade Forest's top competitors include Brewhouse Tea, Laval Green Tea and Plant Yum.
Jade Forest offers Berry Blush Iced Tea, Citrus Crush Iced Tea, Mango Lush Iced Tea, Original Ginger Ale, and 5 more products and services.
Jade Forest has 74 investors. Key investors include Angel List, Mumbai Angels, Wellfound, Capri Loans, and Bhatkawa Tea Industries Limited.
The valuation of Jade Forest is $5.46M as of Nov 2021.