Chai Point has raised $20 million in its latest funding round led by private equity firm Paragon Partners..The series C round also saw participation from all its existing investors including Eight Roads (Fidelity’s India PE arm), Saama Capital and DSG Consumer partners..IndusLaw acted for Chai Point and its founder and the team was led by Partner Anindya Ghosh along with Senior Associate Mayukh Datta and Associate Shweta Adhikari .K Law advised Paragon Partners and the team included Partner Sankar Swamy, Associate Partner Aparnaa Bhalotia and Senior Associate Krishna Dipayan Dash..A large part of the capital raised will be towards enhancing the brand’s multi-market go-to-market and grow significantly from its current sales of 3,00,000 cups per day, reported ET.
Chai Point has raised $20 million in its latest funding round led by private equity firm Paragon Partners..The series C round also saw participation from all its existing investors including Eight Roads (Fidelity’s India PE arm), Saama Capital and DSG Consumer partners..IndusLaw acted for Chai Point and its founder and the team was led by Partner Anindya Ghosh along with Senior Associate Mayukh Datta and Associate Shweta Adhikari .K Law advised Paragon Partners and the team included Partner Sankar Swamy, Associate Partner Aparnaa Bhalotia and Senior Associate Krishna Dipayan Dash..A large part of the capital raised will be towards enhancing the brand’s multi-market go-to-market and grow significantly from its current sales of 3,00,000 cups per day, reported ET.
