About Tea Trunk
Tea Trunk is a company based in Bardez (India) founded in 2013 by Vandana S Manchanda. Tea Trunk has raised $478.69 thousand across 3 funding rounds from investors including Appyhigh, AngelBay and Corset Wholesale. Tea Trunk offers products and services including Teas and Teaware. Tea Trunk operates in a competitive market with competitors including VAHDAM, Teabox, Dorje Teas, Blue Tea and Jade Forest, among others.
- Headquarter Bardez, India
- Founders Vandana S Manchanda
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ren Lifestyle Solutions Private Limited
- Date of Incorporation 30 Jan, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$462.24 K (USD)8.34as on Mar 31, 2022
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Net Profit
-$50.26 K (USD)53.16as on Mar 31, 2022
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EBITDA
-$22.87 K (USD)79.29as on Mar 31, 2022
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Total Equity Funding
$478.69 K (USD)
in 3 rounds
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Latest Funding Round
$215.11 K (USD), Seed
Jan 04, 2022
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Investors
Appyhigh
& 45 more
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Employee Count
Employee Count
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Products & Services of Tea Trunk
Tea Trunk offers a comprehensive portfolio of products and services, including Teas and Teaware.
Premium Indian tea blends with natural ingredients for health and flavor
Functional tools for brewing and serving teas elegantly
Funding Insights of Tea Trunk
Tea Trunk has successfully raised a total of $478.69K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $215.11 thousand completed in January 2022. 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 3
- Last Round Seed — $215,109
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First Round
First Round
(15 Jun 2017)
- Investors Count 46
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Seed - Tea Trunk | Valuation |
investors |
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| Dec, 2019 | Amount | Seed - Tea Trunk | Valuation | Rohit Shankar | |
| Jun, 2017 | Amount | Angel Round - Tea Trunk | Valuation | M M Venkatachala |
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Investors in Tea Trunk
Tea Trunk has secured backing from 46 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Appyhigh, AngelBay and Corset Wholesale.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments are targeted by Vigeo Ventures venture capital firm.
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Founded Year | Domain | Location | |
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Angel network focused on multiple sectors
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Founded Year | Domain | Location | |
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Web application platform requiring JavaScript for services.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tea Trunk
Financial Statements - Tea Trunk
Tea Trunk Comparisons
Competitors of Tea Trunk
Tea Trunk 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 VAHDAM, Teabox, Dorje Teas, Blue Tea and Jade Forest, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tea powders and accessories are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Online platform offering tea
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| domain | founded_year | HQ Location |
Internet first brand offering tea
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| domain | founded_year | HQ Location |
Company offers a variety of herbal blue teas
|
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| domain | founded_year | HQ Location |
Tonic water is branded and distributed by Jade Forest.
|
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| domain | founded_year | HQ Location |
Freshleaf is engaged in offering premium teas and blends.
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Latest news on Tea Trunk
Frequently Asked Questions about Tea Trunk
Tea Trunk was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Tea Trunk is headquartered in Bardez, India. It is registered at Bardez, Goa, India.
Tea Trunk is a funded company, having raised a total of $478.69K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $38.87K, raised on Jun 15, 2017.
Annual revenue of Tea Trunk is $462.24K as on Mar 31, 2022.
Tea Trunk was established in 2013 in Bardez, India, as an internet-first brand in the tea sector. A range of teas is provided through its online platform, including blue pea-green tea, jasmine green tea, chamomile tea, and others. Operations focus on direct-to-consumer sales via the domain teatrunk.in, with leadership including co-founder Vandana S Manchanda. The company serves customers primarily in India.
Tea Trunk's top competitors include VAHDAM, Teabox and Dorje Teas.
Tea Trunk offers Teas and Teaware.
Tea Trunk has 46 investors. Key investors include Appyhigh, AngelBay, Corset Wholesale, Vigeo Ventures, and Vineet Agarwal.
The valuation of Tea Trunk is $3.43M as of Jan 2022.