About OKAYTI
OKAYTI is a Consumer company based in Darjeeling (India) founded in 1888, and was acquired by Chai Chun in June 2021. OKAYTI tea brand is managed from Darjeeling, India since 1888. Its focus areas include Food and Agriculture, Food & Beverage Products, Beverages and Coffees & Teas. Its competitors include VAHDAM, Teabox and Dorje Teas; 3 of its 3 listed competitors have raised funding.
Company details
OKAYTI was founded in 1888 as a tea brand in Darjeeling, India. Operations are centered in the tea industry, with production and branding focused on Darjeeling teas. The company is owned by Antriksh Kumbat. Activities include tea cultivation, processing, and distribution primarily within India, serving domestic and select international markets through its domain okayti.com. No additional services beyond tea-related products are noted.
- Headquarters Darjeeling, India
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Website okayti.com
- Social Facebook
- Acquired by Chai Chun (Jun 2021)
Associated legal entities of OKAYTI
OKAYTI is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2015) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Okayti(Darjeeling) Exports Private Limited CIN U51109WB1999PTC090471 | Active | 14 Oct 1999 | Darjeeling, West Bengal | ₹0.0 Cr | 4 | View details | |
| Okayti Tea Co Ltd CIN U15423WB1918PLC000555 | Active | 06 Jun 1918 | Kolkata, West Bengal | ₹11.0 Cr | 3 | View details |
Investors in OKAYTI
OKAYTI has secured backing from 1 investor. Prominent investors backing the company include Chai Chun.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sells over 165 premium tea types online with delivery and gifting options. | 2015 | chaichuntea.com | Siliguri, India |
Investor details for OKAYTI
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Board of directors of OKAYTI
The boards of the 2 registered companies of OKAYTI currently have 7 directors; the longest-serving is Subash Chand Kumbhat, appointed in 1999. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Subash Chand Kumbhat DIN 00489239 | Director | 14 Oct 1999 | 27 yrs | Okayti(Darjeeling) Exports Private Limited |
| Leela Kumbat DIN 00489295 | Director | 14 Oct 1999 | 27 yrs | Okayti(Darjeeling) Exports Private Limited |
| Suresh Kumar Agarwal DIN 02223125 | Director | 19 Aug 2016 | 10 yrs 2 mo | Okayti(Darjeeling) Exports Private Limited |
| Antriksh Kumbhat DIN 00663088 | Director | 19 Aug 2016 | 10 yrs 2 mo | Okayti(Darjeeling) Exports Private Limited |
| Rajeev Baid DIN 03104444 | Director | 25 Mar 2021 | 5 yrs 6 mo | Okayti Tea Co Ltd |
| Sumita Baid DIN 03451269 | Director | 25 Mar 2021 | 5 yrs 6 mo | Okayti Tea Co Ltd |
| Rakesh Baid DIN 09105551 | Director | 30 Jul 2021 | 5 yrs 2 mo | Okayti Tea Co Ltd |
People of OKAYTI
1 people are tracked at OKAYTI (1 in leadership).
| Name | Role | Group |
|---|---|---|
Antriksh Kumbat | Owner | Leadership |
Complete people profiles for OKAYTI
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Financials of OKAYTI
Figures of Okayti(Darjeeling) Exports Private Limited, the primary company behind OKAYTI, for FY 2015. Revenue was ₹32,144 (+29% year on year). EBITDA was -₹25,515 (-79% margin).
- ₹32,144Revenue · FY 2015 · +29% YoY
- -₹25,515EBITDA · -79% margin
- ₹4 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Okayti(Darjeeling) Exports Private Limited are on its company page.
Detailed financial statements for OKAYTI
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Timeline of OKAYTI
2 dated milestones of OKAYTI across 133 years, from founding to its latest funding, stage changes and deals.
- Founded OKAYTI is founded.
- Exit Acquired by Chai Chun.
Competitors of OKAYTI
OKAYTI has 3 listed competitors in our database, 3 of them funded. They include VAHDAM, Teabox and Dorje Teas.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vahdam.com | 2015 | Delhi, India | $43.09M | 145 | Tea powders and accessories are offered by an internet-first brand. | |
| teabox.com | 2012 | Bengaluru, India | $19M | 88 | Online platform offering tea | |
| dorjeteas.com | 2021 | Darjeeling, India | $250,347 | Internet first brand offering tea |
Detailed competitors of OKAYTI
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as OKAYTI (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Related news about Okayti
Complete news archive for OKAYTI
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Frequently Asked Questions about OKAYTI
OKAYTI was founded in 1888.
OKAYTI is headquartered in Darjeeling, India. It is registered at Darjeeling, West Bengal, India.
Annual revenue of OKAYTI is $1.38M as on Mar 31, 2022.
OKAYTI was founded in 1888 as a tea brand in Darjeeling, India. Operations are centered in the tea industry, with production and branding focused on Darjeeling teas. The company is owned by Antriksh Kumbat. Activities include tea cultivation, processing, and distribution primarily within India, serving domestic and select international markets through its domain okayti.com. No additional services beyond tea-related products are noted.
OKAYTI's top competitors include VAHDAM, Teabox and Dorje Teas.
OKAYTI has 1 investor. Key investors include Chai Chun.
OKAYTI is associated with 2 legal entities: Okayti(Darjeeling) Exports Private Limited, Okayti Tea Co Ltd.
Yes. OKAYTI was acquired by Chai Chun in June 2021.
The legal entities of OKAYTI currently have 7 directors, including Suresh Kumar Agarwal, Antriksh Kumbhat, Subash Chand Kumbhat and others.