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Chaayos Raises $21.5 Mn Series B To Expand Store Network
The food chain has raised a mix of equity and debt from new and existing investorsFood chain Chaayos has raised $21.5 Mn in a mix of equity and debt in its Series B funding round.
Existing investors including Tiger Global Management, SAIF Partners, Integrated Capital, and former WhatsApp business head Neeraj Arora also invested in the Series B round.
Chaayos founder and CEO Nitin Saluja said that the company will invest the funds to expand the store network.
“We’ll hire a few more senior people, and invest more in technology,” Saluja was quoted as saying by Livemint.
Founded in 2012 by IIT alumni Nitin Saluja and Raghav Verma, Chaayos offers numerous tea varieties. | To read full story, visit https://startuparound.com/read/1581350407.0236228/Chaayos-Raises-$21.5-Mn-Series-B-To-Expand-Store-Network?ref=audio_experience
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By Startup AroundThe food chain has raised a mix of equity and debt from new and existing investorsFood chain Chaayos has raised $21.5 Mn in a mix of equity and debt in its Series B funding round.
Existing investors including Tiger Global Management, SAIF Partners, Integrated Capital, and former WhatsApp business head Neeraj Arora also invested in the Series B round.
Chaayos founder and CEO Nitin Saluja said that the company will invest the funds to expand the store network.
“We’ll hire a few more senior people, and invest more in technology,” Saluja was quoted as saying by Livemint.
Founded in 2012 by IIT alumni Nitin Saluja and Raghav Verma, Chaayos offers numerous tea varieties. | To read full story, visit https://startuparound.com/read/1581350407.0236228/Chaayos-Raises-$21.5-Mn-Series-B-To-Expand-Store-Network?ref=audio_experience