Chai Waale is a rapidly expanding QSR chain based in Chennai, India, established in 2018 and backed by a fourth-generation promoter. With over 55 current stores and plans for further expansion, the company aims to have 1500 outlets globally. Despite enduring over 120 years of challenges, including historical events and economic downturns, Chai Waale has retained its core values of honesty, empathy, and reliability, contributing to its sustained success. Recognized as a DPIIT-recognised startup, approved by the Ministry of MSME, and ISO certified, the company holds a 50% share in Chennai's organized tea QSR market, with a dominant presence at prime locations, such as airports and railway stations. Its recent INR50.00M Seed Round investment on 30 July 2021 involved backing from Unlistedkart, Conscience Multi Family Office, Diana Mariam Kurian, Sunil Sethia, Sunil Kumar Singhvi, Vignesh Shivan, Manish Mardia, and Uni-M Ventures. With its proven track record and strategic growth plans, Chai Waale presents an intriguing opportunity for potential investors.
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