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Investors are pouring money into India’s trendy new tea cafes

Investors are pouring money into India’s trendy new tea cafes

India’s tea entrepreneurs may finally be getting their mix right. On April 19, tea retailer Chai Point said it had raised $20 million (Rs132 crore) in series C funding, its single-largest round so far. The investment, led by private equity fund Paragon Partners, also saw the participation of existing investors like Saama Capital and DSG,…