Investors pour funds into tea chain


IndusLaw represented Sunshine Teahouse, operating tea chain Chaayos and its founder, Nitin Saluja, in its US$21.5 million series B2 round of fundraising led by investment firm Think Capital.

The Delhi-based company raised US$18.5 million of primary capital from Think Investments and other investors including Tiger Global, SAIF Partners, Integrated Capital, and Neeraj Arora (former chief business officer of Whatsapp), and a US$3 million debt investment from InnoVen Capital.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.