Chai Point Has Received Series C Growth Equity Funding From Paragon Partners & Existing Investors
DCS Advisory India is pleased to announce that its client Chai Point (Mountain Trail Foods Pvt. Ltd.), India’s leading omni-channel tea brand, has received a Series C growth investment to further expand its business from Paragon Partners and its existing investors, Eight Roads, Saama Capital & DSG Consumer Partners.
Chai Point is focused on owing the “ritual of chai” for the white-collar segment through its multi-channel go-to-market strategy consisting of: stores, online deliveries and IOT enabled integrated chai and coffee dispensers. Chai Point’s revenues have grown 300% over the past two years and this current growth financing round enables the company to further accelerate its growth trajectory going forward.
“It was a pleasure working with the DCS Advisory India team led by Klaas Oskam and Meherzad Kelawala. The team has profound knowledge of the consumer sector, understood our business and executed a robust end-to-end process. They worked tirelessly and provided valuable guidance and support during the entire process, helping us realize the desired growth financing round,” said Amuleek Singh Bijral, Founder and CEO of Chai Point.
The Consumer, Retail & Leisure practice at DCS Advisory and DCS Advisory India strives to be the advisor of choice to companies in the E-Commerce, Food, Beverage & Agriculture and Travel sectors globally.
About DCS Advisory India
Signal Hill Capital Advisory India Pvt Ltd, doing business as “DCS Advisory India” is a leading middle market investment bank providing M&A advisory and private capital raising for companies powering India’s growth economy, with a well-established reputation for guiding clients to successful outcomes. DCS Advisory India is an affiliate of DCS Advisory LLC and Daiwa Securities Group Inc. Along with DCS Advisory LLC, DC Advisory, other Daiwa affiliates, and alliance partners, DCS Advisory India is part of an established global brand with more than 900 professionals in 37 offices throughout the Americas, Europe and Asia. Our team of experienced bankers are highly specialized and focus on growth companies across a number of new age industry verticals within the Technology & Software, Consumer, Retail & Leisure, Media & Telecom, and Business & Tech-Enabled Services sectors. DCS Advisory India has offices in Bangalore and Mumbai. For more information visit www.dcsadvisory.com.