Friday, 13 July 2018

Mumbai Angels Network announces bridge round in Vahdam Teas


Mumbai Angels (The MA Network) has announced its participation in the bridge round for Vahdam Teas

Vahdam Teas, a player in the niche and growing tea and beverage market in India, is a part of The MA Network’s existing portfolio. The company’ was founded in 2015 by Bala Sarda

Vadham Teas raised its angel investment round of INR 4 crores from the MA Network and other investors in 2017. The round was led by Kishore Ganji, Balwinder Kalsi and Jatin Aneja.

The existing investors from the MA Network have participated in the current bridge round, which is a strong testimonial to their support and belief in the company’s model and the founders’ ability to scale the company in the fast growing FMCG and beverage businesses.

“Our investment in the bridge round for Vadham Teas showcases our strength in not only investing in startups at the initial angel investment round but through their journey as they scale and demonstrate strong traction.” said Nandini Mansinghka, CEO and MD, Mumbai Angels Network.

See media coverage about Vadham here:

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