When was Freshleaf founded?

Freshleaf was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Freshleaf located?

Freshleaf is headquartered in Ludhiana, India. It is registered at # 734, Phase - 2, Urban Estate, Dugri, Ludhiana, Ludhiana, Punjab, India, 141013.

Who is the current CEO of Freshleaf?

Balkirat Singh of Freshleaf. They have also founded 1 company.

Which legal entities is Freshleaf associated with?

Freshleaf is associated with FRESHLEAF TEAS PRIVATE LIMITED.

How many employees does Freshleaf have?

As of Sep 30, 2026, the latest employee count at Freshleaf is 23.

Is Freshleaf a funded company?

Freshleaf is a funded company, having raised a total of $192K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 18, 2023.

How much is Freshleaf worth?

The latest valuation of Freshleaf is $***** as of May 04, 2024.

When was the latest funding round of Freshleaf?

Freshleaf's latest funding was a $***** Seed round on Apr 13, 2024, with participation from 7 investors.

What is the annual revenue of Freshleaf?

Annual revenue of Freshleaf is less than ₹10 Cr as on Mar 31, 2025

Where does Freshleaf rank among its competitors?

Freshleaf ranks 9th amongst 235 active competitors, of which 18 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was VAHDAM, which secured $3M in Feb, 2025.

Who are the top competitors of Freshleaf?

Freshleaf's top competitors include VAHDAM, Teabox and Teamonk. Among them, VAHDAM secured the most recent funding round in February, 2025.

Freshleaf - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Brand and retailer of various green black herbal and spiced tea blends. The inventory includes multiple varieties of chai, including cardamom spiced, masala, and cutting chai, alongside assorted green and caffeine-free herbal tea options. Products are sourced from tea gardens and offered in individual packages or curated combinations.

Website: freshleafteas.in/en-us
Registered Address: # 734, Phase - 2, Urban Estate, Dugri, Ludhiana, Ludhiana, Punjab, India, 141013

Key Metrics

Founded Year

2022

Location

Ludhiana, India

Stage

Seed

Total Funding

$192K in 3 rounds

Latest Funding Round

Seed, Apr 13, 2024, $*****

Post Money Valuation

$***** as on May 04, 2024

Investors

Inflection Point Ventures & 14 more

Ranked

9^th among 235 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

23 as on Sep 30, 2026

Similar Companies

VAHDAM & 404 more

View Freshleaf's full profile

Freshleaf is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
FRESHLEAF TEAS PRIVATE LIMITED CIN: U15491PB2022PTC055309 , India, Active	Feb 24, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	3 (As on Mar 01, 2023)

Freshleaf has raised a total funding of $192K over 3 rounds. Its first funding round was on Mar 18, 2023. Its latest funding round was a Seed round on Apr 13, 2024 for $*****. 7 investors participated in its latest round. Freshleaf has 7 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Freshleaf:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 13, 2024	3331986	Seed	1882758	2704303	1433589	7584201
Jan 25, 2024	6779012	Seed	7059568	4859488	7528542	Nitin Shahi & 5 more
Mar 18, 2023	4747337	Seed	3762728	3001452	7278375	GX Ventures

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View details of Freshleaf's funding rounds and investors

The founders of Freshleaf are Muneet Arora and Balkirat Singh. Balkirat Singh is the CEO of Freshleaf.

Here are the details of Freshleaf's key team members:

Muneet Arora: Co-Founder of Freshleaf.
Contact Info: 1 email address
Balkirat Singh: Co-Founder & CEO of Freshleaf.
Contact Info: 1 email address

Freshleaf's Board of Directors

Freshleaf's board has 2 active members. Balkirat Singh and Muneet Arora are part of team.

Here is the list of Freshleaf's board of directors:

Name	Type	Representing	Status	Duration
Balkirat Singh	Team	-	Current	4y 8m
Muneet Arora	Team	-	Current	4y 8m

View details of Freshleaf's Founder profiles and Board Members

Freshleaf's employee count trend

Freshleaf has 23 employees as of Sep 26. Here is Freshleaf's employee count trend over the years:

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Top competitors of Freshleaf include VAHDAM, Teabox and Teamonk. Here is the list of Top 10 competitors of Freshleaf, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	VAHDAM 2015, Delhi (India), Series D	Retailer of premium teas, coffee, spices, and wellness infusions sourced directly from farmers	$42.9M	Fireside Ventures, 360 One & 118 others	67/100
2nd	Teabox 2012, Bengaluru (India), Series B	Retailer of various loose leaf tea and tea related accessories	$19M	Accel, JAFCO Asia & 16 others	58/100
3rd	Teamonk 2016, Bengaluru (India), Seed	Internet first brand offering tea	$4.35M	LVX, Inflection Point Ventures & 33 others	49/100
4th	Chai Chun 2015, Siliguri (India), Unfunded	Vertically integrated company engaged in the processing and marketing of tea	-	-	48/100
5th	Society Tea 1933, Mumbai (India), Acquired	Brand of tea	-	-	47/100
6th	Blue Tea 2018, Faridabad (India), Seed	Company offers a variety of herbal blue teas	$60.5K	-	46/100
7th	Borecha 2017, Bicholim (India), Unfunded	Internet first brand of non-alcoholic functional beverages	-	-	45/100
8th	Neelam Tea 2003, Rajkot (India), Unfunded	Tea company that offers a range of loose-leaf teas, blends, and specialty options	-	-	45/100
9th	Freshleaf 2022, Ludhiana (India), Seed	Brand and retailer of various green black herbal and spiced tea blends	$192K	Firstport Capital, Inflection Point Ventures ... & 13 others	44/100
10th	Jivraj9 Tea Group 2018, Surat (India), Unfunded	Jivraj9 Tea offers a premium collection of green tea, black tea, tea bags, and instant tea premixes.	-	-	43/100

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FRESHLEAF TEAS PRIVATE LIMITED, the legal entity associated with Freshleaf, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of FRESHLEAF TEAS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 200% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23
Income Statement
Revenue	5409	5535	7779
Total Sales	1228	4128	5435
Total Expenses	2362	5825	5339
Operating Expenses	7732	5036	2333
Employee Expenses	6445	4247	2975
Operating Income (EBIT)	2203	3864	1025
Interest Expenses	1582	2804	1510
Expenses from other activities	1434	9493	8855
EBITDA	2637	5378	1600
Taxes	4192	2108	3245
Net Profit	6283	8143	5237
Balance Sheet
Assets	5317	2261	7207
Accounts Receivables	4308	7180	8313
Inventory	2586	5257	8852
Liabilities	2900	6381	9144
Total Debt	5553	4463	5517
Accounts Payable	7410	1051	4910
Equities	6362	8320	3823

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders (largest shareholder) own 37.48%, Funds own 14.33%, Enterprises own 0.95% and Angels own 2.13%. The net worth of Freshleaf's founders is INR 5.88Cr as of May 04, 2024. The cap table displayed below is for FRESHLEAF TEAS PRIVATE LIMITED which is the legal entity associated with Freshleaf.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	37.48%	5.88Cr	5444064	4008576	4664012	8107313
Balkirat Singh	4303317	1867573	5465370	1640297	3915004	1192214
Muneet Arora	1897923	6536041	6584315	8262419	5332674	5829270
Fund	14.33%	2.24Cr	4866692	2160347	4461585	8518932
Inflection Point Ventures	0	0	0	0	0	0
Enterprise	0.95%	14.8L	0	0	0	0
Angel	2.13%	33.6L	85	13	34	45
Nitin Shahi	0	0	0	0	0	0
Kudigram Ravindra	0	0	0	0	0	0
Other People	37.48%	5.88Cr	9674457	3046996	9583570	2450043
ESOP Pool	7.66%	1.2Cr	2747709	7347417	6072131	1330798
Total	100.00%	15.7Cr	1066840	1067903	4897586	8198576