Chai-Nashta startup Tpot secures Pre-series A
Online Chai-Nashta provider platform Tpot has secured an undisclosed amount from Ashish Gupta,Founder & Trustee of Ashoka University and Ex-Co-founder & COO of Evalueserve and the principal investor at Tpot café. The fundings will be used to expand their presence by opening 19 more outlets by the year end and 150-200 outlets in at least 4-5 cities by March 2018. At present, the startup has 21 outlets across the Delhi-NCR region.
Commenting on the development, Robin Jha, Co-Founder and CEO, Tpot stated, “We plan to realize the target in a phased manner by opening over 40 outlets by the year end, and is also planning a multi-city launches by opening 150-200 outlets by 2018. Besides, the company is also expected to introduce varied range of packaged tea and delivery of refreshments at home. Through its offerings, Tpot wants to be a part of the growing story of health and wellness market in India.”
“The concept of Tpot Cafe of reaching to everyone at the same time is unique to the market, and has resulted in extremely rapid growth to date. We are excited to extend our association with the team as they continue to strengthen their market leadership and drive further exciting growth opportunities,” said Ashish.