Chaayos forays into Bengaluru; aims to open 15 stores by March 2020

By: |
Published: November 5, 2019 9:10:06 PM

The tea cafe chain was founded in November 2012 by Raghav Verma and Nitin Saluja.

Currently it operates 65 cafes across Delhi, Noida, Gurgaon, Faridabad, Chandigarh and Mumbai.Currently it operates 65 cafes across Delhi, Noida, Gurgaon, Faridabad, Chandigarh and Mumbai.

Tiger Global-backed tea cafe chain Chaayos on Tuesday said it has forayed into Bengaluru with a plan to open 15 cafes across the city by March next year.

“Chaayos made its debut in Bengaluru with 3 cafes. It further plans to add 12 more stores across the city by March 2020,” the company said in a statement.

Currently it operates 65 cafes across Delhi, Noida, Gurgaon, Faridabad, Chandigarh and Mumbai.

The tea cafe chain was founded in November 2012 by Raghav Verma and Nitin Saluja.

Speaking about entering Bengaluru, Saluja said, “Today we spread our wings to the seventh city. Potential of Bengaluru market is immense. We plan to have 15 stores by March 2020. We also expect delivery, which currently constitutes about 20 per cent of our overall business, to play a significant role in Bengaluru too”.

Verma said that given the city’s passion for technology, the company is looking forward to Bengaluru’s response towards its tech stack.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1How MSME lenders are leveraging technology to reduce risk in unsecured lending
2VCs tightening purse strings; startups may find difficult to raise funding in 2020
3Myntra’s losses widen 247% to Rs 539 crore in 2018-19