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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Teabox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Teabox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Teabox
Frequently Asked Questions about Teabox
When was Teabox founded?
Teabox was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Teabox located?
Teabox is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Teabox?
Kausshal Dugarr is the current CEO of Teabox. They have also founded this company.
Is Teabox a funded 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.
How many employees does Teabox have?
As of Oct 31, 2024, the latest employee count at Teabox is 88.
What is the annual revenue of Teabox?
Annual revenue of Teabox is $2.74M as on Mar 31, 2024.
What does Teabox do?
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.
Who are the top competitors of Teabox?
Teabox's top competitors include VAHDAM, Dorje Teas and Blue Tea.
Who are Teabox's investors?
Teabox has 9 investors. Key investors include Accel, Horizen Ventures, NB Ventures, DBS Bank, and RB Investments.
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