Freshleaf Raises Rs 1 Crore from Inflection Point Ventures
By Rediff Money Desk, New Delhi May 23, 2024 13:58
Freshleaf, a start-up tea brand, has raised Rs 1 crore in seed funding from Inflection Point Ventures. The funds will be used to expand marketing, production, and R&D.
New Delhi, May 23 (PTI) Start-up tea brand Freshleaf on Thursday said it has raised Rs 1 crore funds in a seed-round led by Inflection Point Ventures.
The funds raised will be utilised to expand marketing efforts, increase production capacity, and enhance research and development for new products, the company said in a statement.
Founded in 2022, Freshleaf currently has over 550 stores across 40 cities in India.
The company offers an innovative range of flavours in both sparkling and traditional teas, catering to diverse tastes and preferences.
The funds raised will be utilised to expand marketing efforts, increase production capacity, and enhance research and development for new products, the company said in a statement.
Founded in 2022, Freshleaf currently has over 550 stores across 40 cities in India.
The company offers an innovative range of flavours in both sparkling and traditional teas, catering to diverse tastes and preferences.
Source: PTI
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