CHAI POINT
Chai Point, a tea retail chain, is introducing a hybrid pay model and expanding its operations. The company has raised $20 million in a series C round led by Paragon Partners and plans to double its store count and focus on vending and packaged business.
Chai Point is a tea retail chain in India. The company is introducing a hybrid pay model and expanding its operations. Chai Point has raised $20 million in a series C round led by Paragon Partners. The company plans to double its store count and focus on vending and packaged business. Chai Point's beverage dispenser model, BoxC, will be integrated with the hybrid pay system. The company is also hiring 2,000 people as part of its expansion plans.
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