The reluctance of venture capitalists (VCs) to fund non-tech businesses and consumer-focused products is largely related to “pace of scale”—it takes a very long time, often decades, for a non-tech consumer business to create a brand and become a market leader, says Deepak I. Shahdadpuri, founder …
Tag: Chai Point
SMEs, start-ups have to digitise businesses, says Tata Teleservices VP (SME Operations)
Over time, SMEs have gradually learnt to embrace technology as they have realized the value of becoming tech-savvy. The newer generation of SME owners are now adopting methods that help in reducing costs and streamline operations. Tata Teleservices has been on the forefront in the enterprise spac…
Chai Point | A Harward graduate’s idea to be Starbucks of tea
It was late evening. An aroma filled the room. I looked up and around, and saw colleagues sipping tea. The faces which seemed over-worked, suddenly were smiling as though their task had become simpler. But a cup of tea means different things to different people. Chai (tea), for some is a necessit…
Tea retail chain startup Chai Point set to introduce IoT-enabled tea dispensing machines
Tea retail chain startup Chai Point is set to introduce IoT-enabled tea dispensing machines to corporate offices as the next step towards serving its product to office employees. “The company already has about 1000 semi-automatic dispensers across 100 companies, and the new product, called boxC, …
DSG Consumer Partners makes first close of fund II at $35 million
Deepak Shahdadpuri-led investment firm DSG Consumer Partners (DSGCP) has made the first close of its second fund at $35 million. The consumer-focused investment firm was an early investor in online hotel aggregator OYO Rooms, mobile point-of-sale payment services provider MSwipe Technologies and …