About Teamonk
Teamonk is a company based in Bengaluru (India) founded in 2013 by Ashok Kumar Dhingra, Amit Dutta, and Nalin Sood. Teamonk has raised $4.35 million across 9 funding rounds from investors including LetsVenture, Lead Angels and Roots Ventures. The company has 6 employees as of April 06, 2024. Teamonk offers products and services including Meho Clove Green Tea, Kozan Spearmint Green Tea, Yakuso Tulsi Green Tea, Kadha Green Tea, and Zoho Lemongrass Green Tea. Teamonk operates in a competitive market with competitors including VAHDAM, Teabox, Dorje Teas, Brewhouse Tea and Blue Tea, among others.
- Headquarter Bengaluru, India
- Employees 6 as on 06 Apr, 2024
- Founders Ashok Kumar Dhingra, Amit Dutta, Nalin Sood
- 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
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- Legal Name Teamonk Global Foods Private Limited
- Date of Incorporation 25 Apr, 2016
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$366.93 K (USD)-53.63as on Mar 31, 2023
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Net Profit
-$719.54 K (USD)0.59as on Mar 31, 2023
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EBITDA
-$642.67 K (USD)-5.26as on Mar 31, 2023
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Total Equity Funding
$4.35 M (USD)
in 9 rounds
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Latest Funding Round
$595.15 K (USD), Seed
Mar 30, 2022
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Investors
LetsVenture
& 31 more
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Employee Count
6
as on Apr 06, 2024
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Products & Services of Teamonk
Teamonk offers a comprehensive portfolio of products and services, including Meho Clove Green Tea, Kozan Spearmint Green Tea, Yakuso Tulsi Green Tea, Kadha Green Tea, and Zoho Lemongrass Green Tea.
Green tea for relaxation and refreshment benefits.
Spearmint green tea for daily stress relief.
Tulsi-infused tea for natural health support.
Traditional green tea blend for wellness.
Lemongrass tea for energy and refreshment.
Orange-flavored green tea for vitality.
Basic green tea for everyday use.
Peppermint tea for digestive health aid.
White tea variant for skin health benefits.
Black tea for enhanced energy levels.
Masala black tea for flavor and energy.
Assam black tea for robust taste.
Spiced tea for traditional energy boost.
Oolong tea to support weight management.
Another oolong tea for health goals.
Funding Insights of Teamonk
Teamonk has successfully raised a total of $4.35M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $595.15 thousand completed in March 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 9
- Last Round Seed — $595,154
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First Round
First Round
(15 Dec 2016)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Teamonk | Valuation | Inflection Point Ventures , Firstport Capital | |
| Jul, 2021 | Amount | Seed - Teamonk | Valuation | Jai Narain Gupta | |
| Nov, 2020 | Amount | Seed - Teamonk | Valuation | LetsVenture , Rajat Kumar Gupta |
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Investors in Teamonk
Teamonk has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Lead Angels and Roots Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage tech startups across sectors.
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Venture capital investment in tech-startups
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Early-stage venture capital investments conducted in a sector-agnostic manner.
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Investments & Acquisitions by Teamonk
Financial Statements - Teamonk
Teamonk Comparisons
Competitors of Teamonk
Teamonk 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, Brewhouse Tea and Blue Tea, 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 |
Organic ice tea is offered online by Brewhouse Tea.
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| domain | founded_year | HQ Location |
Company offers a variety of herbal blue teas
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Frequently Asked Questions about Teamonk
Teamonk was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Teamonk is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Teamonk is a funded company, having raised a total of $4.35M across 9 funding rounds to date. The company's 1st funding round was a Seed of $152.6K, raised on Dec 15, 2016.
As of Apr 06, 2024, the latest employee count at Teamonk is 6.
Annual revenue of Teamonk is $366.93K as on Mar 31, 2023.
Teamonk was founded in 2013 and is headquartered in Bengaluru, India. Operations are conducted as an internet-first brand within the tea sector. A selection of products, including black tea, green tea, white tea, oolong tea, and herbal tea, is provided. These items are stated to consist of natural ingredients. The company focuses on online distribution of its tea offerings.
Teamonk's top competitors include VAHDAM, Teabox and Dorje Teas.
Teamonk offers Meho Clove Green Tea, Kozan Spearmint Green Tea, Yakuso Tulsi Green Tea, Kadha Green Tea, and 6 more products and services.
Teamonk has 32 investors. Key investors include LetsVenture, Lead Angels, Roots Ventures, Hunch Ventures, and CreedCap Asia Advisors.
The valuation of Teamonk is $5.57M as of Mar 2022.