About Wagh Bakri Tea Group
Wagh Bakri Tea Group is a company based in Ahmedabad (India) founded in 1892. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 982 employees as of June 27, 2024. Wagh Bakri Tea Group offers products and services including Wagh Bakri Black Tea, Darjeeling Tea, Green Tea, Instant Premix Ice Tea, and Tea & Coffee Vending Machines. Wagh Bakri Tea Group operates in a competitive market with competitors including Peet's Coffee & Tea, Argo Tea, VAHDAM, DavidsTea and Teabox, among others.
- Headquarter Ahmedabad, India
- Employees 982 as on 27 Jun, 2024
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Sectors
Consumer
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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 Gujarat Tea Processors & Packers Ltd.
- Date of Incorporation 22 Sep, 1980
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$228.19 M (USD)7.02as on Mar 31, 2023
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Net Profit
$17.23 M (USD)2.92as on Mar 31, 2023
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EBITDA
$24.33 M (USD)14.85as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
982
as on Jun 27, 2024
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Products & Services of Wagh Bakri Tea Group
Wagh Bakri Tea Group offers a comprehensive portfolio of products and services, including Wagh Bakri Black Tea, Darjeeling Tea, Green Tea, Instant Premix Ice Tea, and Tea & Coffee Vending Machines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Black tea is offered for daily consumption needs.
Premium Darjeeling tea is sourced from single gardens.
Green tea is provided for health-conscious tea drinkers.
Instant ice tea premix is made for convenience.
Vending machines are supplied for automated beverage dispensing.
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Funding Insights of Wagh Bakri Tea Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Wagh Bakri Tea Group
| 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 - Wagh Bakri Tea Group
| 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 |
Wagh Bakri Tea Group Comparisons
Competitors of Wagh Bakri Tea Group
Wagh Bakri Tea Group 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 Peet's Coffee & Tea, Argo Tea, VAHDAM, DavidsTea and Teabox, 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 |
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| domain | founded_year | HQ Location |
Speciality coffee and tea brand
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| domain | founded_year | HQ Location |
Tea is manufactured and distributed by Argo Tea internationally.
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| 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 |
Premium tea retailer
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| domain | founded_year | HQ Location |
Online platform offering tea
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| domain | founded_year | HQ Location |
Coffee roasters and chain of cafes
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Wagh Bakri Tea Group
Frequently Asked Questions about Wagh Bakri Tea Group
When was Wagh Bakri Tea Group founded?
Wagh Bakri Tea Group was founded in 1892.
Where is Wagh Bakri Tea Group located?
Wagh Bakri Tea Group is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Wagh Bakri Tea Group?
Sanjay Singal is the current CEO of Wagh Bakri Tea Group.
How many employees does Wagh Bakri Tea Group have?
As of Jun 27, 2024, the latest employee count at Wagh Bakri Tea Group is 982.
What is the annual revenue of Wagh Bakri Tea Group?
Annual revenue of Wagh Bakri Tea Group is $228.19M as on Mar 31, 2023.
What does Wagh Bakri Tea Group do?
Wagh Bakri Tea Group is involved in the production and distribution of premium quality tea since 1892. The company operates in the beverage sector, offering a range of products including black tea, Darjeeling tea, green tea, and instant premix ice tea. Solutions such as tea and coffee vending machines are also provided. The group exports to over 60 countries and has pioneered 5-star tea lounges in India, maintaining high standards with certifications like HACCP and ISO 22000.
Who are the top competitors of Wagh Bakri Tea Group?
Wagh Bakri Tea Group's top competitors include Peet's Coffee & Tea, VAHDAM and DavidsTea.
What products or services does Wagh Bakri Tea Group offer?
Wagh Bakri Tea Group offers Wagh Bakri Black Tea, Darjeeling Tea, Green Tea, Instant Premix Ice Tea, and Tea & Coffee Vending Machines.
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