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Teabox - About the company

Teabox is a series B company based in Bengaluru (India), founded in 2012 by Kausshal Dugarr and Gopal Upadhayay. It operates as a Retailer of various loose leaf tea and tea related accessories. Teabox has raised $19M in funding from investors like Accel, JAFCO Asia and RB Investments, with a current valuation of $*****. The company has 235 active competitors, including 18 funded and 2 that have exited. Its top competitors include companies like VAHDAM, Teamonk and Chai Chun.

Company Details

Retailer of various loose leaf tea and tea related accessories. Products include black, green, white, and oolong tea varieties along with herbal blends and spiced mixtures. The inventory features whole leaf options and tea bags. Additionally, the business provides teaware items such as mugs, cups, and infusers for brewing purposes.
Social
Facebook
Email ID
*****@teabox.com
Phone Number
+91 **********
Registered Address
WOODLANDS INDUSTRIAL PARK E9, Singapore, 757048
Key Metrics
Founded Year
2012
Location
Bengaluru, India
Stage
Series B
Total Funding
$19M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 20, 2019
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
113 as on Mar 31, 2026
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Teabox's funding and investors

Teabox has raised a total funding of $19M over 8 rounds. Its first funding round was on Mar 14, 2014. Its latest funding round was a Series B round on Jul 17, 2019 for $*****. 2 investors participated in its latest round. Teabox has 10 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Teabox:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 17, 2019
8565269
Series B
7399090
8242099
4366961
9325532
Dec 14, 2017
4855516
Venture Debt
6653080
8889737
3678451
Dec 13, 2017
2708872
Series B
6165633
2836113
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Teabox's founders and board of directors

Founder? Claim Profile
The founders of Teabox are Kausshal Dugarr and Gopal Upadhayay. Kausshal Dugarr is the CEO of Teabox.
Here are the details of Teabox's key team members:

Teabox's Board of Directors

Teabox's board has 3 active members. Kausshal Dugarr is part of team and Pramila Devi Dugar and Kanak Lal Dugar are independent board members.
Here is the list of Teabox's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
14y 6m
Independent board member
-
Current
14y 6m
bgjkxkx
Independent board member
-
Current
9y 4m

Teabox's employee count trend

Teabox has 113 employees as of Mar 26. The total employee count is 8.0% more than what it was in Mar 25. Here is Teabox's employee count trend over the years:
Employee count trend for Teabox
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Teabox's Competitors and alternates

Top competitors of Teabox include VAHDAM, Teamonk and Chai Chun. Here is the list of Top 10 competitors of Teabox, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for VAHDAM
VAHDAM
2015, Delhi (India), Series D
Retailer of premium teas, coffee, spices, and wellness infusions sourced directly from farmers
$42.9M
67/100
2nd
Logo for Teabox
Teabox
2012, Bengaluru (India), Series B
Retailer of various loose leaf tea and tea related accessories
$19M
58/100
3rd
Logo for Teamonk
Teamonk
2016, Bengaluru (India), Seed
Internet first brand offering tea
$4.35M
49/100
4th
Logo for Chai Chun
Chai Chun
2015, Siliguri (India), Unfunded
Vertically integrated company engaged in the processing and marketing of tea
-
-
48/100
5th
Logo for Society Tea
Society Tea
1933, Mumbai (India), Acquired
Brand of tea
-
-
47/100
6th
Logo for Blue Tea
Blue Tea
2018, Faridabad (India), Seed
Company offers a variety of herbal blue teas
$60.5K
-
46/100
7th
Logo for Borecha
Borecha
2017, Bicholim (India), Unfunded
Internet first brand of non-alcoholic functional beverages
-
-
45/100
8th
Logo for Neelam Tea
Neelam Tea
2003, Rajkot (India), Unfunded
Tea company that offers a range of loose-leaf teas, blends, and specialty options
-
-
45/100
9th
Logo for Freshleaf
Freshleaf
2022, Ludhiana (India), Seed
Brand and retailer of various green black herbal and spiced tea blends
$192K
44/100
10th
Logo for Jivraj9 Tea Group
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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Financials of TeaboxFY 25 Available

TEAXPRESS PRIVATE LIMITED, the legal entity associated with Teabox, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of TEAXPRESS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 120% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
Income Statement
Revenue
9055
1151
8589
9699
2260
Total Sales
4131
3717
5352
7254
2368
Total Expenses
9328
9949
6729
1388
4102
Operating Expenses
1004
5751
2489
5295
1820
Employee Expenses
3825
9159
5234
6589
4318
Operating Income (EBIT)
7755
4264
4161
5526
3989
Interest Expenses
8816
9725
4061
6276
4567
Expenses from other activities
6584
8107
6823
3351
2630
EBITDA
9476
5312
1788
1201
5766
Taxes
5505
3099
3185
6315
3807
Net Profit
4753
4433
6832
4047
3745
Balance Sheet
Assets
3077
1640
4731
1455
8609
Accounts Receivables
1965
9015
7802
6935
5791
Inventory
7053
7311
3612
7256
9386
Liabilities
9630
2068
2567
8368
9474
Total Debt
6134
9580
2605
1178
8977
Accounts Payable
5721
8272
9012
6883
7150
Equities
7637
6913
1710
7583
1945

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

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$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
  • Profitability Ratios, Liquidity Ratios, Growth Ratios
  • Audited Financial Statement (AOC-4), Shareholding Pattern

Teabox's Latest cap tables and shareholding

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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Teabox's Investments and acquisitions

Teabox has made no investments or acquisitions yet.

Reports related to Teabox

Here is the latest report on Teabox's sector:

News related to Teabox

lockFilter this list
•
Teabox introduces three new iced-tea Summer BlendsBW Businessworld•Jun 18, 2022•Teabox
•
Teabox raises $7M for its global tea-commerce businessTechCrunch+•Dec 14, 2017•Teabox, RB Investments, Accel, DBS Bank and 2 others
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