About Teabox
Teabox is a company based in Bengaluru (India) founded in 2012 by Gopal Upadhayay, Prachi Jain, and Kausshal Dugarr. Teabox has raised $19 million across 8 funding rounds from investors including Accel, Horizen Ventures and NB Ventures. The company has 88 employees as of October 31, 2024. Teabox operates in a competitive market with competitors including VAHDAM, Dorje Teas, Freshleaf, Blue Tea and Brewed Leaf, among others.
- Headquarter Bengaluru, India
- Employees 88 as on 31 Oct, 2024
- Founders Gopal Upadhayay, Prachi Jain, Kausshal Dugarr
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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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Annual Revenue
$2.74 M (USD)21as on Mar 31, 2024
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Net Profit
$766.62 K (USD)349as on Mar 31, 2024
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EBITDA
$815.9 K (USD)278as on Mar 31, 2024
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Total Equity Funding
$19 M (USD)
in 8 rounds
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Latest Funding Round
$5 M (USD), Series B
Jul 17, 2019
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Investors
Accel
& 8 more
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Employee Count
88
as on Oct 31, 2024
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Funding Insights of Teabox
Teabox has successfully raised a total of $19M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in July 2019. 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 8
- Last Round Series B — $5.0M
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First Round
First Round
(14 Mar 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series B - Teabox | Valuation | Accel , NB Ventures |
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| Dec, 2017 | Amount | Debt – Venture - Teabox | Valuation |
investors |
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| Dec, 2017 | Amount | Series B - Teabox | Valuation | RB Investments , Accel |
Investors in Teabox
Teabox has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Horizen Ventures and NB Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Investments are directed toward healthcare, logistics, education, and multiple sectors.
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Founded Year | Domain | Location | |
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Investments are made in multi-stage tech-focused startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Teabox
Financial Statements - Teabox
Teabox Comparisons
Competitors of Teabox
Teabox 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, Dorje Teas, Freshleaf, Blue Tea and Brewed Leaf, 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 |
Internet first brand offering tea
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| domain | founded_year | HQ Location |
Freshleaf is engaged in offering premium teas and blends.
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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 |
Internet first brand offering tea
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Frequently Asked Questions about Teabox
Teabox was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Teabox is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kausshal Dugarr is the current CEO of Teabox. They have also founded this company.
Teabox is a funded company, having raised a total of $19M across 8 funding rounds to date. The company's 1st funding round was a Series B of $7M, raised on Mar 14, 2014.
As of Oct 31, 2024, the latest employee count at Teabox is 88.
Annual revenue of Teabox is $2.74M as on Mar 31, 2024.
Teabox is an online platform offering tea. Its product offerings include black, green, white, and oolong teas from Darjeeling, Assam, Nilgiri, Kangra regions in various flavors such as cinnamon, ginger, fennel, jasmine, and rose. It works directly with over 200 plantations in India and Nepal, with its own storage facilities near to plantations. It handles distribution, supply, storage, and logistics itself and supplies its products to Russia, USA, Australia, Canada etc.
Teabox's top competitors include VAHDAM, Dorje Teas and Blue Tea.
Teabox has 9 investors. Key investors include Accel, Horizen Ventures, NB Ventures, DBS Bank, and RB Investments.