close

D2C tea brand Esah Tea raises Rs 3cr in pre-series A round from NEDFI

Esah is the first tea start-up from Assam to raise VC funding. The brand has earlier raised angel investment from SRD Group and Grant From Assam Startup & NEAT-E-Hub.

BS Reporter Mumbai
D2C tea brand Esah Tea raises Rs 3cr in pre-series A round from NEDFI
Premium

Currently, the startup is delivering to more than 25+ countries through its own D2C online store

Esah Tea, a D2C tea brand from artisanal small tea growers of Assam and Northeast, has raised Rs 3 core ($400,000) in its pre-series A round from NEDFI Venture Capital Ltd (NVCL). North East Venture Fund (NEVF), is a North East India focused Venture Fund and is a joint initiative of the Ministry of DoNER, NEDFI and SIDBI.
The company intends to utilise the funds in expanding the marketing and operations team. It will also use a part of the raised investment in developing new products, and launching brand stores in new geographies.
Esah is the first tea start-up from Assam to raise VC funding. The brand has earlier raised angel investment from SRD Group and Grant From Assam Startup & NEAT-E-Hub.
Or

Also Read

Euro Cup 2021 round of 16 schedule, qualification scenarios, team standings

toothsi raises $20 mn in Series B funding round led by Eight Roads Ventures

F5 raises Rs 5 cr in pre-series A funding round led by Auxano Capital

Edtech startup Skill-Lync raises $17.5 mn in funding led by Iron Pillar

D2C sports brand Elevar raises funding from Kalaari, Dream Sports

Govt refutes speculation over LIC IPO's delay, says it is 'on course'

Prices of white goods rise third time in 2021 amid surging commodity costs

WeWork India turns profitable on top line of Rs 800 crore in Jan-Nov

After 2-year break, Pro Kabaddi League back with new online advertisers

Accenture's growth outlook augurs well for Indian IT services players

First Published: Dec 20 2021 | 11:28 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com