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Freshleaf

D2C: Tea |Pre-Series A
Ludhiana, India
https://Freshleaf.in/

Freshleaf is a new-age tea brand reimagining how modern India experiences chai. From indulgent whole-leaf blends to wellness-forward tea bags, every product is crafted to elevate daily rituals with flavour, function, and flair. As part of its innovation-first approach, Freshleaf also launched India’s first carbonated ready-to-drink tea—with 40% less sugar, plus added electrolytes and vitamins—offering a refreshing functional twist to traditional chai.

With 25+ SKUs, 3L+ customers served, and 5L+ units sold, Freshleaf is building a lifestyle-first tea platform for India’s next-generation consumers. Available through 50 distributors and on 6 e-commerce stores, Freshleaf bridges the gap between classic taste and modern lifestyles—making premium tea accessible to Millennials and Gen Z consumers across formats and price points.

Founders

CA Balkirat Singh

CEO

Chartered Accountant

Finance professional with experience at HDFC Bank and Findoc

4+Years of Work Experience

Muneet Arora

CMO

Fashion Design,
Pearl Academy

Ex-Assistant Merchandiser with strong design and branding orientation

4+ Yrs of work experience

Key Highlights

FY25 Revenue

INR 8 Cr.

Available in

800+ stores

Revenue Growth YoY

192%

Retention Rate

50%

PAT Positive

Since Inception

Customer Acquisition Cost (CAC)

₹45

Key Investors

Deal Details

m

Current Deal Round

Pre-Series A

Valuation

INR 45 Cr Pre- Money

Instrument

Equity

Soonicorn Platform Fee

Admin Fee: 2% of investment amount
Carry: 10%

Round Size

INR 7 Cr (5 Cr Committed)

Minimum Ticket Size per Investor

INR 3,00,000

Deal Runners

Media

How a Ludhiana tea brand is earning its name with premium blends

ndia’s love affair with tea is nothing short of epic. It has grown over the ages to become a household beverage, popularised by legacy brands like Red Label, Tata, and Taj Mahal. Masala Chai was also crowned one of the most popular non-alcoholic beverages the world over by food guide TasteAtlas.  Now, a new crop of direct-to-consumer brands is giving the humble tea a fresh spin. Whether the premium single-estate origin teas or artisanal brands serving infusions, more players are making space in India’s tea market, which was valued at $11.1 billion by IMARC Group in 2023. Brother and sister duo Muneet Arora and Balkirat Singh too decided to bring something new to the tea market, fuelled by their shared love for the beverage. “Despite the presence of numerous traditional tea brands, we felt the tea industry lacked innovation. Observing how Starbucks revolutionised coffee, we saw an opportunity to reinvent tea for modern consumers,” Arora tells YourStory. In April 2022, they launched Freshleaf Teas with Rs 20 lakh of their savings, along with additional investment, to offer a diverse range of teas, including both sparkling and traditional varieties. Singh, a Chartered Accountant and former finance and sales professional, leads the startup’s growth and strategic financial management. 

Read more at: https://yourstory.com/2024/06/ludhiana-tea-brand-earning-name-premium-blends

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