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Founded in October 2016 by Balaji Sadagopan and Jahabar Sadique, Chai Kings is a Chennai-based food and beverage company operating a retail chain of cafes specializing in natural teas and snacks. The enterprise manages a regional network of 57 storefronts across Chennai, Hyderabad, and Coimbatore, generating 45 percent of total sales through digital delivery partnerships with Swiggy and Zomato. To support corporate expansion and supply chain infrastructure, the organization secured financial backing from prominent institutional investors including AV Thomas and Company, The Chennai Angels, and Hyderabad Angels. The company recently raised a 3 million dollar Series A funding round to scale operations and plans to open 65 additional outlets across South India. Driven by affordable premium chai experiences, the brand projects full-year revenue of 5 million 600 thousand dollars for the twelve months ending March 2025.
Chai Kings has raised $1.3M across 2 funding rounds.
Chai Kings has raised $1.3M in total across 2 funding rounds.
Chai Kings has raised $1.3M in total across 2 funding rounds.
Chai Kings's investors include Hyderabad Angels, Piyush Bhandari, TiE, The Chennai Angels.
Chai Kings has raised $1.3M across 2 funding rounds. Most recently, it raised $1.0M Pre-Series A in January 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 7, 2020 | $1M Seed Plus | — | Hyderabad Angels, Piyush Bhandari, TIE | Announced |
| Aug 30, 2018 | $280K Venture Round | The Chennai Angels | — | Announced |