Tea brand TeaMonk raises Rs 6.5 Cr led by Inflection Point Ventures

Date posted: Wednesday 14 October 2020

TeaMonk, a Bengaluru-based premium tea brand that offers more than 50 variants of premium tea, has raised Rs 6.5 crore in a Pre-Series A round led by an angel investment platform Inflection Point Ventures with participation from Sarcha Ventures and Lead Angels. TeaMonk has raised Rs 23.5 crore funding to date and plans to use the current funding for further market expansion in global markets like the US, the UK, and Canada. The company also plans to launch a subscription-based platform in India to further strengthen its presence in the home market.

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