When was TGL founded?

TGL was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is TGL located?

TGL is headquartered in Mumbai, India. It is registered at 411, 412 & 413, 4th Floor, Plot No. 5, Churchgate Chamber, Vitthaldas Thackarsey Marg, New Marine Lines, Churchgate, Mumbai, Mumbai, Maharashtra, India, 400020.

Which legal entities is TGL associated with?

TGL is associated with PANELLA FOODS AND BEVERAGES PRIVATE LIMITED.

How many employees does TGL have?

As of Aug 31, 2025, TGL has 50 employees, reflecting a 12% year-over-year growth in headcount.

Is TGL a funded company?

TGL is a funded company, having raised a total of $1.44M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 28, 2016.

How much is TGL worth?

The latest valuation of TGL is ₹***** as of May 08, 2019.

When was the latest funding round of TGL?

TGL's latest funding was a $***** Seed round on May 08, 2019, with participation from 1 investor. Its primary sector is Food & Beverage Products. In India, the Food & Beverage Products sector has seen $106M in funding in 2026 to date.

What is the annual revenue of TGL?

Annual revenue of TGL is ₹9.89Cr as on Mar 31, 2025.

Where does TGL rank among its competitors?

TGL ranks 5th amongst 511 active competitors, of which 12 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Subko Coffee, which secured $10M in Jan, 2024.

Who are the top competitors of TGL?

TGL's top competitors include Peet's Coffee & Tea, The Coffee Bean & Tea Leaf and Subko Coffee. Among them, Subko Coffee secured the most recent funding round in January, 2024.

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

Company Details

Provider of high-quality tea and coffee blends. The company sources premium teas and coffees globally, expertly blending them with innovative flavors and botanicals. A focus on creating unique flavor profiles and high-quality brews is central to the business model. The offerings include a variety of tea types, coffee beans, and instant coffee options, along with curated gift sets and accessories. The company aims to elevate the everyday beverage experience through carefully crafted products.

Website: www.tglcompany.com/
Social
Email ID: *****@tglcompany.com
Phone Number: +91 **********
Registered Address: 411, 412 & 413, 4th Floor, Plot No. 5, Churchgate Chamber, Vitthaldas Thackarsey Marg, New Marine Lines, Churchgate, Mumbai, Mumbai, Maharashtra, India, 400020

Key Metrics

Founded Year

2014

Location

Mumbai, India

Stage

Seed

Total Funding

$1.44M in 3 rounds

Latest Funding Round

Seed, May 08, 2019, $*****

Post Money Valuation

₹***** as on May 08, 2019

Investors

Pearl Group & 6 more

Ranked

5^th among 511 active competitors

Annual Revenue

₹9.89Cr as on Mar 31, 2025

Employee Count

50 as on Aug 31, 2025

Similar Companies

Peet's Coffee & Tea & 765 more

View TGL's full profile

TGL is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PANELLA FOODS AND BEVERAGES PRIVATE LIMITED CIN: U74999MH2016PTC280043 , India, Active	Apr 20, 2016	$1.17M (As on Mar 31, 2025)	50 (As on Aug 31, 2025)

TGL has raised a total funding of $1.44M over 3 rounds. Its first funding round was on Jul 28, 2016. Its latest funding round was a Seed round on May 08, 2019 for $*****. 1 investor participated in its latest round. TGL has 2 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of TGL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 08, 2019	8684610	Seed	1566011	6908045	1969111	7248454
Sep 14, 2017	6220940	Seed	5736214	2145587	5278345	Ness Wadia
Jul 28, 2016	7598840	Seed	9377557	3030393	Pearl Group	Dani Ventures & 1 more

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View details of TGL's funding rounds and investors

The founders of TGL are Shariq Ashraf and Bhuman Dani.

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

Shariq Ashraf: Former Co-Founder of TGL and founder of 2 other companies, TGL and TheFutureWear. They are also an angel investor in 2 startups and serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Bhuman Dani: Former Co-Founder of TGL and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address

TGL's Board of Directors

TGL's board has 5 active members. Shariq Ashraf and Bhuman Dani are part of team and Pankaj Saraf, Jairaj Champaklal Bham and Ankush Mayur Shah are independent board members.

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

Name	Type	Representing	Status	Duration
Shariq Ashraf	Team	-	Current	9y 6m
Bhuman Dani	Team	-	Current	10y 0m
jnehczo	Investor	-	Past	6y 3m
qnutsfh	Independent board member	-	Past	2y 8m
syfqdqc	Independent board member	-	Past	4y 3m
nyhbyll	Independent board member	-	Past	3y 2m

View details of TGL's Founder profiles and Board Members

TGL's employee count trend

TGL has 50 employees as of Aug 25. The total employee count is 11.0% more than what it was in Aug 24. Here is TGL's employee count trend over the years:

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Top competitors of TGL include Peet's Coffee & Tea, The Coffee Bean & Tea Leaf and Subko Coffee. Here is the list of Top 10 competitors of TGL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Peet's Coffee & Tea 1966, San Francisco (United States), Acquired	Premium coffee and tea purveyor, offering beans, pods, and café experiences	-	Spanos Barber Jesse, Torreal & 2 others	68/100
2nd	The Coffee Bean & Tea Leaf 1963, Los Angeles (United States), Acquired	Online retailer of premium coffee, tea, powders, drinkware, and equipment	$5M	Mirae Asset Venture, Advent International ... & 2 others	63/100
3rd	Subko Coffee 2020, Mumbai (India), Series B	Roaster and baker of specialty coffee and craft bread	$13.6M	Blume Venture, Gauri Khan Family Trust & 39 others	58/100
4th	Society Tea 1933, Mumbai (India), Acquired	Brand of tea	-	-	51/100
5th	TGL 2014, Mumbai (India), Seed	Provider of high-quality tea and coffee blends	$1.44M	Pearl Group, Dani Ventures & 5 others	51/100
6th	Wagh Bakri Tea Group 1892, Ahmedabad (India), Funding Raised	Brand of packaged tea	-	Krishnalaxmi Multi Trade, Twinkle Marketing ... & 6 others	47/100
7th	Dhunseri Tea & Industries 1997, Kolkata (India), Public	Brand of tea	-	-	47/100
8th	Vintage coffee 2015, Hyderabad (India), Public	Brand of coffee	-	-	46/100
9th	Vikram Tea 1975, Jalna (India), Unfunded	Brand of tea	-	-	46/100
10th	TeaCultureOfTheWorld 2010, Mumbai (India), Unfunded	Tea brand offering premium teas and wellness blends	-	-	45/100

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Founders own 25.93%, Enterprises own 21.08%, Angels (largest shareholder) own 47.99% and ESOP Pool own 5.00%. The net worth of TGL's founders is INR 6.41Cr as of May 08, 2019.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	25.93%	6.41Cr	1258857	9306190	1880113	8116517
Shariq Ashraf	9203836	5648421	7885432	9307805	1090874	9562701
Bhuman Dani	4719498	3959608	5036370	2639829	3710081	5617675
Enterprise	21.08%	5.21Cr	3318028	7491028	8419210	1884090
Angel	47.99%	11.9Cr	4810632	9002999	1892926	6139512
Ness Wadia	9003574	3032014	3332096	3121619	1059143	9120225
Abu Farhan Azmi	0	0	0	0	0	0
ESOP Pool	5.00%	1.24Cr	80009	58103	82085	12141
Total	100.00%	24.7Cr	9322443	7591370	4188240	2194274