{"id":38486,"date":"2022-04-27T13:10:55","date_gmt":"2022-04-27T07:40:55","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-teamonk\/"},"modified":"2022-04-27T13:21:17","modified_gmt":"2022-04-27T07:51:17","slug":"biz-teamonk","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-teamonk\/","title":{"rendered":"Startup TeaMonk raises about Rs 4 cr from investors to expand business"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-250493173\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Apr 27 (PTI) Premium tea brand TeaMonk on Wednesday said it has raised Rs 3.5 crore from investors including Inflection Point Ventures to expand in domestic and global markets.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3539944040\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The funds raised in a pre-series A round will be utilized for domestic penetration and exploring uncharted territories in international markets, the company said in a statement.<\/p>\n<p> TeaMonk is a wellness D2C (direct to consumer) brand launched in April 2017.<\/p>\n<p> Ashok Mittal, Managing Director, TeaMonk said, \u201cCovid has further heightened the need for wellness and immunity across socio-economic groups globally. We are delighted to fulfill this need through our range of 100 per cent pure and natural, delicious tasting teas\u201d.<\/p><div class=\"trade-content_5\" id=\"trade-2669708973\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> TeaMonk is currently distributing in countries like the US, UK, UAE, Canada, Germany, Australia and India. The brand has launched a wide range of green teas with Ayurvedic ingredients during the pandemic.<\/p>\n<p> &#8220;Global specialty tea market estimated at USD 5.8 million and India specialty tea market USD 500 million growing at a compound annual growth rate (CAGR) of 30 per cent. The specialty teas account for 3 per cent of tea consumption in India by volume, but about 18 per cent by revenue,&#8221; the company said. PTI MJH  MJH ANU ANU<\/p>\n<div class=\"trade-after-content\" id=\"trade-655928831\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Apr 27 (PTI) Premium tea brand TeaMonk on Wednesday said it has raised Rs 3.5 crore from investors including Inflection Point Ventures to expand in domestic and global markets. The funds raised in a pre-series A round will be utilized for domestic penetration and exploring uncharted territories in international markets, the company said [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-38486","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Startup TeaMonk raises about Rs 4 cr from investors to expand business - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-teamonk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Startup TeaMonk raises about Rs 4 cr from investors to expand business\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Apr 27 (PTI) Premium tea brand TeaMonk on Wednesday said it has raised Rs 3.5 crore from investors including Inflection Point Ventures to expand in domestic and global markets. 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