Chai Kings raises ₹24 cr. in Series A funding from A.V. Thomas & Co.

​Chai Kings, a popular tea retail chain, has raised ₹24 crore ($3 million) in a Series A funding round from A.V. Thomas and Co. Ltd.(AVT), one of India’s largest packaged tea players. With this infusion of capital, Chai Kings aims to accelerate its expansion plans, enhance its product offerings, and further strengthen its supply chain. The investment will also be utilised for technology-driven customer engagement and operational efficiencies.

Chai Kings said that it will close FY25 with a revenue of ₹48 crore with a positive EBITDA, demonstrating strong financial performance. The company said it has plans to double its revenue over the next two years while maintaining profitability, reinforcing its commitment to sustainable and scalable growth.​